Dear ICANN Finance,

On behalf of the working sub-group set by the ccNSO-SOP at the ICANN60 meeting, please see attached the input to the ICANN Reserve Fund Rationale and Target Level.

The working sub-group remains available for any further clarification and/or input you may need.

Kind regards,

Giovanni

Giovanni Seppia

External Relations Manager

EURid

Woluwelaan 150

1831 Diegem - Belgium

TEL: +32 (0) 2 401 2750

MOB:+39 335 8141733

giovanni.seppia@eurid.eu

http://www.eurid.eu

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