<div dir="ltr"><div> <font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0cm 0cm 0pt;line-height:normal"><span lang="EN-US" style="color:rgb(34,34,34);font-family:"Arial","sans-serif";font-size:12pt">Dear Erika, Dear All, </span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0cm 0cm 0pt;line-height:normal"><span lang="EN-US" style="color:rgb(34,34,34);font-family:"Arial","sans-serif";font-size:12pt">Today during the last 15
mints of the call I tried to draw your attention to allow me to intervene on
the views expressed by Alan reading the Reserve account.</span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0cm 0cm 0pt;line-height:normal"><span lang="EN-US" style="color:rgb(34,34,34);font-family:"Arial","sans-serif";font-size:12pt">If I have well understood
his statement he wanted that CCWG discuss the level of ICANN reserve account
which was announced by Xavier to be equivalent to one year budget as objective.
As Xavier mentioned this level has not been reached.</span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0cm 0cm 0pt;line-height:normal"><span lang="EN-US" style="color:rgb(34,34,34);font-family:"Arial","sans-serif";font-size:12pt">Alan’s view that CCWG
discuss the level of ICANN reserve account is outside the mandate of CCWG. We
may just decide whether or not that account be fed by using Auction money but
decision on the appropriate level of the reserve account is totally outside or
mandate as it is a decision to be made by the Board and not by this group</span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0cm 0cm 0pt;line-height:normal"><span lang="EN-US" style="color:rgb(34,34,34);font-family:"Arial","sans-serif";font-size:12pt">Regards</span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0cm 0cm 6.75pt;line-height:normal"><span lang="EN-US" style="color:rgb(34,34,34);font-family:"Arial","sans-serif";font-size:12pt">Kavouss<span></span></span></p><font color="#000000" face="Times New Roman" size="3">
</font></div></div><div class="gmail_extra"><br><div class="gmail_quote">On Thu, Aug 10, 2017 at 5:56 PM, Joke Braeken <span dir="ltr"><<a href="mailto:joke.braeken@icann.org" target="_blank">joke.braeken@icann.org</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
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<p class="MsoNormal"><span style="font-size:11pt">Dear All,<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"> <u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Please find below the notes and action items from today’s CCWG-AP meeting.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"> <u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Best regards,<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"> <u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Joke Braeken<u></u><u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:11pt"> </span></b><span style="font-size:11pt"><u></u><u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:11pt">Notes CCWG – AP Meeting 10 August 2017</span></b><span style="font-size:11pt">:<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"> <u></u><u></u></span></p>
<p class="MsoNormal"><i><span style="font-size:11pt">These high-level notes are designed to help the CCWG navigate through the content of the call and are not meant as a substitute for the transcript and/or recording. The MP3, transcript, and chat are provided
separately and are posted on the wiki at: <a href="https://urldefense.proofpoint.com/v2/url?u=https-3A__community.icann.org_x_DLHDAw&d=DwMGaQ&c=FmY1u3PJp6wrcrwll3mSVzgfkbPSS6sJms7xcl4I5cM&r=7_PQAir-9nJQ2uB2cWiTDDDo5Hfy5HL9rSTe65iXLVM&m=4zHolvsBo6lsC2fsFnhbQd0l8fVzyqdj0t9oV6_NWjM&s=-vuUpZTVZXrpFcq3-nA--Ltl_ESCT71X4cBhx3axkEY&e=" target="_blank">https://community.icann.<wbr>org/x/DLHDAw</a></span></i><span style="font-size:11pt">.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<ol type="1" style="margin-top:0cm" start="1">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><b><i><span style="font-size:11pt">Roll Call<u></u><u></u></span></i></b></li></ol>
<p class="m_-8756442608206466139MsoListParagraph"><i><span style="font-size:11pt"><u></u> <u></u></span></i></p>
<ul type="disc" style="margin-top:0cm">
<li class="m_-8756442608206466139MsoListParagraph">
<span style="font-size:11pt">Please state your name for <wbr>transcription purposes and <wbr>keep microphones on mute when <wbr>not speaking.<u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph">
<span style="font-size:11pt">Attendance will be taken from <wbr>the AdobeConnect room.<u></u><u></u></span></li></ul>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<ol type="1" style="margin-top:0cm" start="2">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><b><i><span style="font-size:11pt">Welcome – DOI</span></i></b><b><i><span style="font-size:11pt"><u></u><u></u></span></i></b></li></ol>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<ol type="1" style="margin-top:0cm" start="3">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><b><i><span style="font-size:11pt">Overview from Xavier Calvez <wbr>on investment management<u></u><u></u></span></i></b></li></ol>
<p class="MsoNormal"><i><span style="font-size:11pt"><u></u> <u></u></span></i></p>
<p class="MsoNormal"><span style="font-size:11pt">The intention of this <wbr>presentation is <u></u><u></u></span></p>
<ul type="disc" style="margin-top:0cm">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:18pt"><span style="font-size:11pt">to allow the group to think <wbr>on the issue of investment, <u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph" style="margin-left:18pt"><span style="font-size:11pt">to understand ICANN's <wbr>practice, and to answer any <wbr>questions that might be <wbr>raised. <u></u><u></u></span></li></ul>
<p class="MsoNormal"><span style="font-size:11pt">It helps to inform the <wbr>discussion on the ROI of the <wbr>fund; It includes an overview <wbr>of how the auction proceeds <wbr>are currently managed, which <wbr>might lead to how they might <wbr>be managed in the future.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Important to note:<u></u><u></u></span></p>
<ul type="disc" style="margin-top:0cm">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">only conservative investment <wbr>policies are being used<u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">the investment strategy will be <wbr>designed in support of the <wbr>objectives<u></u><u></u></span></li></ul>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">An overview of some <wbr>illustrative investment <wbr>scenarios was provided, <wbr>followed by Q&A.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Parameters that need to be <wbr>considered:<u></u><u></u></span></p>
<ul type="disc" style="margin-top:0cm">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">amount of money<u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">horizon<u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">level of risk (which is not <wbr>correlated to the horizon)<u></u><u></u></span></li></ul>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Financial information is <wbr>regularly provided during the <wbr>quarterly stakeholder calls. <u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">(amount from latest update - <wbr>Q3 data of FY17. <a href="https://www.icann.org/quarterlyreports" target="_blank">https://www.<wbr>icann.org/quarterlyreports</a>)<u></u><u></u></span></p>
<ul type="disc" style="margin-top:0cm">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">Reserve Fund: 64 million<u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">New gTLD unspent application <wbr>fees: 128 million<u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">Auction proceeds: 233 million<u></u><u></u></span></li><li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><span style="font-size:11pt">Annual budget of ICANN. FY18 <wbr>budget expenses 142 million <wbr>USD.<u></u><u></u></span></li></ul>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">Regarding replenishing the <wbr>reserve fund: appropriate <wbr>procedures need to be taken, <wbr>appropriate approvals and <wbr>decisions need to be in place <wbr>for it to be legal. <u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">This is however a moral <wbr>question as well. The charter does include this <wbr>question: “To what extent (<wbr>and, if so, how) could ICANN, <wbr>the Organization or a <wbr>constituent part thereof, be <wbr>the beneficiary of some of <wbr>the auction funds”<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">The group needs to discuss <wbr>this at a later stage.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<ol type="1" style="margin-top:0cm" start="4">
<li class="m_-8756442608206466139MsoListParagraph" style="margin-left:0cm"><b><i><span style="font-size:11pt">Next meeting </span></i></b><b><i><span style="font-size:11pt"><u></u><u></u></span></i></b></li></ol>
<p class="m_-8756442608206466139MsoListParagraph"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">next CCWG-AP meeting is <wbr>scheduled for Thursday 24 <wbr>August at 14.00 UTC<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">= = = = <u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:11pt">Action item #1: <u></u><u></u></span></b></p>
<p class="MsoNormal"><span style="font-size:11pt">CCWG to review the slides presented by Xavier (published on
<a href="https://community.icann.org/display/CWGONGAP/2017-08-10+CCWG+New+gTLD+Auction+Proceeds+call)" target="_blank">
https://community.icann.org/<wbr>display/CWGONGAP/2017-08-10+<wbr>CCWG+New+gTLD+Auction+<wbr>Proceeds+call)</a> and to share any further questions for Xavier on the group’s mailing list.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:11pt">Action item #2:<u></u><u></u></span></b></p>
<p class="MsoNormal"><span style="font-size:11pt">Per the discussion during the CCWG-AP meeting on 27 July 2017, the attached mind map was developed, which aims to regroup the objectives based on the survey results as well as the subsequent discussions.
The CCWG is encouraged to continue to provide feedback on the proposed regrouping of objectives/priorities, as well as the clustering of examples ahead of the next meeting, scheduled for 24 August at 14 UTC.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:11pt">Action item #3: <u></u><u></u></span></b></p>
<p class="MsoNormal"><span style="font-size:11pt">CCWG to review responses to charter <wbr>question #4 and to continue the discussion on the mailing list.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">(see <a href="https://www.surveymonkey.com/results/SM-6GNDQHJ6/" target="_blank">https://www.surveymonkey.<wbr>com/results/SM-6GNDQHJ6/</a> )<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt">= = = = <u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt"><u></u> <u></u></span></p>
<div>
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<div>
<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt">Joke Braeken<u></u><u></u></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt">ccNSO Policy Advisor <u></u><u></u></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt"><a href="mailto:joke.braeken@icann.org" target="_blank"><span style="color:blue">joke.braeken@icann.org</span></a><u></u><u></u></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt"><u></u> <u></u></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt">Follow @ccNSO on Twitter: <a href="https://twitter.com/ccNSO" target="_blank"><span style="color:rgb(149,79,114)">https://twitter.com/<wbr>ccNSO</span></a><u></u><u></u></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt">Follow the ccNSO on Facebook: <a href="https://www.facebook.com/ccnso/" target="_blank"><span style="color:rgb(149,79,114)">https://www.<wbr>facebook.com/ccnso/</span></a><u></u><u></u></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="color:black;font-size:11pt"><a href="http://ccnso.icann.org" target="_blank"><span style="color:blue">http://ccnso.icann.org</span></a> <u></u><u></u></span></p>
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<p class="MsoNormal"><span style="font-size:11pt"><u></u> <u></u></span></p>
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<br>______________________________<wbr>_________________<br>
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