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<mailto:giovanni.seppia@eurid.eu> http://www.eurid.eu<http://www.eurid.eu/> Please consider the environment before printing this email. Disclaimer: This email and any attachment hereto is intended solely for the person to which it is addressed and may contain confidential and/or privileged information. If you are not the intended recipient or if you have received this email in error, please delete it and immediately contact the sender by telephone or email, and destroy any copies of this information. You should not use or copy it, nor disclose its content to any other person or rely upon this information. Please note that any views presented in the email and any attachment hereto are solely those of the author and do not necessarily represent those of EURid. While all care has been taken to avoid any known viruses, the recipient is advised to check this email and any attachment for presence of viruses. http://www.eurid.eu/en/legal-disclaimer