<html xmlns="http://www.w3.org/1999/xhtml" xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office"><head><!--[if gte mso 9]><xml><o:OfficeDocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:OfficeDocumentSettings></xml><![endif]--></head><body><div class="ydp9447fb0cyahoo-style-wrap" style="font-family: garamond, new york, times, serif; font-size: 16px;"><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt; text-align: center;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;"><strong><u>P R E S S R E L E A S E</u></strong></span></span></div><p align="center" style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0.25in 0.0001pt 0in; text-align: center;"> </p><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0.25in 0.0001pt 0in; text-align: center;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;"><strong><span style="font-size: 16pt;">Karuk Tribe ● Yurok Tribe ● Pacific Coast Federation of Fishermen’s Associations ● Trout Unlimited ● </span></strong><strong><span style="font-size: 16pt;">California Trout</span></strong><strong><span style="font-size: 16pt;"> ● </span></strong><strong><span style="font-size: 16pt;">Sustainable Northwest</span></strong><strong><span style="font-size: 16pt;"> ● American Rivers ● Save California Salmon ● Klamath Riverkeeper </span></strong><strong> </strong></span></span></div><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"> </p><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;"><strong><u>For Immediate Release</u>: </strong>July 16, 2020</span></span></div><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"> </p><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;"><strong><u>For more information:</u> </strong></span></span></div><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;">Craig Tucker, Karuk Tribe Natural Resources Consultant, 916-207-8294</span></span></div><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;">Glen Spain, Pacific Coast Federation of Fishermen’s Associations, (541) 689-2000</span></span></div><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;">Brian Johnson, Trout Unlimited, (415) 385-0796</span></span></div><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;">Regina Chichizola, Save California Salmon, (541) 951-0126</span></span></div><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; margin: 0in 0in 0.0001pt;"><span style="font-size: inherit;"><span style="font-family: Times New Roman, serif;">Matt Mais, Yurok Tribe, (707) 954-0976</span></span></div><div style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"> <br></div><p align="center" style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; text-align: center;"><strong><span style="font-size: 14pt;">FEDERAL REGULATORS CLARIFY PATH TO KLAMATH DAM REMOVAL</span></strong></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">Washington, D.C.</span><span style="font-size: 11pt;">— This morning the Federal Energy Regulatory Commission (FERC) approved the </span><span style="font-size: 14.6667px;">partial</span><span style="font-size: 11pt;"> transfer of ownership of the lower four Klamath River dams from PacifiCorp to the Klamath River Renewal Corporation (KRRC) for the purpose of removal. The approval is conditioned on PacifiCorp remaining a co-licensee.</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">A 2016 negotiated agreement proposes to transfer the dams from PacifiCorp to the KRRC for purposes of removal. The agreement allows PacifiCorp to transfer the dams and $200 million to the KRRC and then make a clean break from the project. While FERC’s conditional approval today requires PacifiCorp to remain involved, it also outlines a clear path towards dam removal. FERC’s order took pains to acknowledge that KRRC has successfully responded to requests for additional information and that there is a significant likelihood KRRC will complete the dam removal process without relying on PacifiCorp for additional funding or expertise, as envisioned the Klamath Hydroelectric Settlement Agreement. </span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">“We can work with this,” says Karuk Chairman Russell ‘Buster’ Attebery. “We understand that we will need to reconvene settlement parties and make adjustments as needed to reflect PacifiCorp’s goals. We remain committed to our partnership with PacifiCorp as we remain committed to Klamath dam removal.”</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">Klamath communities that depend on salmon fisheries for economic and cultural survival have campaigned for years to remove the lower four Klamath dams. The dams provide no irrigation diversions, no drinking water, and almost no flood control benefit. The dams were built for hydropower but managing the aging structures today costs more than they’re worth.</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">“Rural communities including tribal communities throughout the Klamath Basin from to the headwaters to the mouth of the river will benefit from dam removal. At its heart, Klamath Dam removal is a fish restoration project that will benefit all communities in the Klamath Basin including agricultural interests throughout the basin,” explains Yurok Vice-Chairman Frankie Myers.</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">Declining fish populations have led to water curtailments to the Klamath Irrigation Project, located above the dams. Meanwhile downstream Tribes have curtailed or cancelled fish harvests for the first time in millennia. Klamath Dam removal will increase fish populations including abundance, diversity and resiliency and many believe it to be a key to ending strife over water that plagues the basin every year. </span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">“Dam removal is a lynchpin for settling water disputes,” adds Glen Spain, Regional Director with the Pacific Coast Federation of Fishermen’s Associations. “More fish and better water quality will mean fewer regulations for farmers and ranchers.”</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">Commercial salmon fishermen from San Francisco to Coos Bay, Oregon depend on Klamath River stocks and their industry has been hard hit with restrictions on catch. “Salmon fishing families are eager to restore the river and get back to helping feed America,” added Spain.</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">Tribes and their allies have fought for years to remove the dams. Warren Buffett’s Berkshire Hathaway (</span><a href="http://www.berkshirehathaway.com/" data-saferedirecturl="https://www.google.com/url?q=http://www.berkshirehathaway.com/&source=gmail&ust=1595034965052000&usg=AFQjCNFTlfVYklSCDxdEFngH9JvHdPggCQ" style="color: purple;" rel="nofollow" target="_blank"><span style="font-size: 11pt;">BRK</span></a><span style="font-size: 11pt;">) owns PacifiCorp, which in turn owns the dams slated for removal under a 2016 negotiated agreement. </span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">The plan to implement America’s most ambitious salmon restoration project involves $200 million in financing from PacifiCorp, $250 million that was earmarked in a 2014 California water bond, and creation of the non-profit </span><a href="http://www.klamathrenewal.org/" data-saferedirecturl="https://www.google.com/url?q=http://www.klamathrenewal.org/&source=gmail&ust=1595034965052000&usg=AFQjCNG1V-xjuSPh_SmDM-IYbUVc_1uYLg" style="color: purple;" rel="nofollow" target="_blank"><span style="font-size: 11pt;">KRRC</span></a><span style="font-size: 11pt;"> to take over the dams and manage the removal effort.</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">Parties hope to begin dam removal in 2021 but the timing depends on how quickly they can reconcile today’s FERC ruling with the terms of the settlement agreement and how quickly the required environmental reviews can be completed.</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">"The decision to partially transfer PacifiCorps's license is a testament to the strength and vision of the people of the Klamath," said Morning Star Gali, from Save California Salmon. "Dam removal is a crucial step toward restoring the Klamath's diminished salmon populations, healing the river's people, and upholding the rights, and honoring the responsibilities to the river's Tribes. It is also in the best interest of PacifiCorp's ratepayers. PacifiCorp has proven they can successfully remove dams. We hope they chose to move forward with us." </span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">“Dam removal is the essential first step toward restoring safe and clean water, strong runs of salmon and steelhead, and healthy communities in the Klamath,” said Chrysten Lambert, Oregon Director of Trout Unlimited. “We remain committed to working with PacifiCorp and our </span><span style="font-size: 14.6667px;">agricultural, tribal, and conservation parnters</span><span style="font-size: 11pt;"> to reconnect the economies, cultures, and ecosystems of the upper and lower Klamath Basins.”</span></p><p style="color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11pt;">“As we’ve seen time after time on rivers across the country, dam removal works. Thanks to FERC’s decision today, the Klamath River is on the way to rebounding back to life. With ongoing cooperation from PacifiCorp and federal regulators, our children and future generations will know a healthy, free-flowing Klamath River,” said Curtis Knight, Executive Director of California Trout.</span></p><div><span style="font-size: 11pt;">More information on the Klamath River dams can be found at </span><a href="http://www.klamathrenewal.org/" data-saferedirecturl="https://www.google.com/url?q=http://www.klamathrenewal.org/&source=gmail&ust=1595034965052000&usg=AFQjCNG1V-xjuSPh_SmDM-IYbUVc_1uYLg" style="color: purple;" rel="nofollow" target="_blank" class="enhancr_card_5085960070">Klamath River Renewal Corporation |</a><span style="font-size: 11pt;">.</span></div><div><br></div><div id="ydp4f1de6d5enhancr_card_5085960070" class="ydp4f1de6d5yahoo-link-enhancr-card ydp4f1de6d5yahoo-link-enhancr-not-allow-cover ydp4f1de6d5ymail-preserve-class ydp4f1de6d5ymail-preserve-style" style="max-width:400px;font-family:YahooSans, Helvetica Neue, Segoe UI, Helvetica, Arial, sans-serif" data-url="http://www.klamathrenewal.org/" data-type="YENHANCER" data-size="MEDIUM" contenteditable="false"><a href="http://www.klamathrenewal.org/" style="text-decoration:none !important;color:#000 !important" class="ydp4f1de6d5yahoo-enhancr-cardlink" rel="nofollow" target="_blank"><table border="0" class="ydp4f1de6d5card-wrapper ydp4f1de6d5yahoo-ignore-table" cellpadding="0" cellspacing="0" style="max-width:400px"><tbody><tr><td width="400"><table border="0" class="ydp4f1de6d5card ydp4f1de6d5yahoo-ignore-table" cellpadding="0" cellspacing="0" width="100%" style="max-width:400px;border-width:1px;border-style:solid;border-color:rgb(224, 228, 233);border-radius:2px"><tbody><tr><td><table border="0" class="ydp4f1de6d5card-info ydp4f1de6d5yahoo-ignore-table" cellpadding="0" cellspacing="0" style="background:#fff;position:relative;z-index:2;width:100%;max-width:400px;border-radius:0 0 2px 2px;border-top:1px solid rgb(224, 228, 233)"><tbody><tr><td style="background-color:#ffffff;padding:16px 0 16px 12px;vertical-align:top;border-radius:0 0 0 2px"></td><td style="vertical-align:middle;padding:12px 24px 16px 12px;width:99%;font-family:YahooSans, Helvetica Neue, Segoe UI, Helvetica, Arial, sans-serif;border-radius:0 0 2px 0"><h2 class="ydp4f1de6d5card-title" style="font-size: 14px; line-height: 19px; margin: 0px 0px 6px; font-family: YahooSans, Helvetica Neue, Segoe UI, Helvetica, Arial, sans-serif; color: rgb(38, 40, 42); max-width: 314px;">Klamath River Renewal Corporation |</h2><p class="ydp4f1de6d5card-description" style="font-size: 12px; line-height: 16px; margin: 0px; color: rgb(151, 155, 167);"></p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></a></div><div><br></div><div><br></div></div></body></html>