On behalf of the gTLD Registries Stakeholder Group (RySG), please find attached our comment on the ICANN Reserve Fund: Proposed Replenishment Strategy. In the interest of time, we did not conduct a vote on these comments. We did discuss them extensively on our mailing list and during our 11 and 25 April biweekly conference calls, and no member opposed their submission.

Feel free to contact me with questions or concerns.

Best, P

Paul Diaz

Chairman, Registries Stakeholder Group

Mobile:+1 703.973.1667 | Skype: pdiaz@pir.org