<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns:mv="http://macVmlSchemaUri" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8">
<meta name="Title" content="ICANN News Alert">
<meta name="Keywords" content="">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]-->
<title>ICANN News Alert</title>
<style><!--
/* Font Definitions */
@font-face
{font-family:Arial;
panose-1:2 11 6 4 2 2 2 2 2 4;}
@font-face
{font-family:"Courier New";
panose-1:2 7 3 9 2 2 5 2 4 4;}
@font-face
{font-family:Wingdings;
panose-1:5 0 0 0 0 0 0 0 0 0;}
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
h2
{mso-style-priority:9;
mso-style-link:"Heading 2 Char";
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:18.0pt;
font-family:"Calibri",sans-serif;
font-weight:bold;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
p
{mso-style-priority:99;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.floatcenter, li.floatcenter, div.floatcenter
{mso-style-name:floatcenter;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
text-align:center;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.floatleft, li.floatleft, div.floatleft
{mso-style-name:floatleft;
margin-top:0in;
margin-right:12.0pt;
margin-bottom:12.0pt;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.floatright, li.floatright, div.floatright
{mso-style-name:floatright;
margin-top:0in;
margin-right:0in;
margin-bottom:12.0pt;
margin-left:12.0pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.box, li.box, div.box
{mso-style-name:box;
mso-margin-top-alt:auto;
margin-right:0in;
margin-bottom:12.0pt;
margin-left:0in;
background:#F8F8F8;
border:none;
padding:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.lower-alpha, li.lower-alpha, div.lower-alpha
{mso-style-name:lower-alpha;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.upper-alpha, li.upper-alpha, div.upper-alpha
{mso-style-name:upper-alpha;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.lower-roman, li.lower-roman, div.lower-roman
{mso-style-name:lower-roman;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.upper-roman, li.upper-roman, div.upper-roman
{mso-style-name:upper-roman;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.dark, li.dark, div.dark
{mso-style-name:dark;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.medium, li.medium, div.medium
{mso-style-name:medium;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.light, li.light, div.light
{mso-style-name:light;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.dark1, li.dark1, div.dark1
{mso-style-name:dark1;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
background:#DEDEDE;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.medium1, li.medium1, div.medium1
{mso-style-name:medium1;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
background:#EFEFEF;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
p.light1, li.light1, div.light1
{mso-style-name:light1;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
background:#F8F8F8;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
span.Heading2Char
{mso-style-name:"Heading 2 Char";
mso-style-priority:9;
mso-style-link:"Heading 2";
font-family:"Calibri Light",sans-serif;
color:#2F5496;}
span.EmailStyle34
{mso-style-type:personal-reply;
font-family:"Calibri",sans-serif;
color:windowtext;}
span.msoIns
{mso-style-type:export-only;
mso-style-name:"";
text-decoration:underline;
color:teal;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
/* List Definitions */
@list l0
{mso-list-id:1064571405;
mso-list-template-ids:2062303480;}
@list l0:level1
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Symbol;}
@list l0:level2
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:1.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:"Courier New",serif;
mso-bidi-font-family:"Times New Roman";}
@list l0:level3
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:1.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level4
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:2.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level5
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:2.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level6
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:3.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level7
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:3.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level8
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:4.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level9
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:4.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
ol
{margin-bottom:0in;}
ul
{margin-bottom:0in;}
--></style>
</head>
<body bgcolor="white" lang="EN-US" link="blue" vlink="purple">
<div class="WordSection1">
<p class="MsoNormal">FYI – for those of you interested in this topic.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Best regards,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Marika<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<div style="border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span style="font-size:12.0pt;color:black">From: </span></b><span style="font-size:12.0pt;color:black">ICANN News Alert <no-reply@external.icann.org><br>
<b>Reply-To: </b>"no-reply@external.icann.org" <no-reply@external.icann.org><br>
<b>Date: </b>Friday, October 13, 2017 at 01:52<br>
<b>To: </b>Marika Konings <marika.konings@icann.org><br>
<b>Subject: </b>[Ext] ICANN News Alert -- ICANN Reserve Fund – Public Comment on Rationale and Target Level<o:p></o:p></span></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div style="border:solid #CCCCCC 1.0pt;padding:8.0pt 8.0pt 8.0pt 8.0pt">
<div>
<p class="MsoNormal"><a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__www.icann.org_&d=DwMFaQ&c=FmY1u3PJp6wrcrwll3mSVzgfkbPSS6sJms7xcl4I5cM&r=7_PQAir-9nJQ2uB2cWiTDDDo5Hfy5HL9rSTe65iXLVM&m=usdU1OF33sNRAyS7HEiRLQhU84e0XTgClYx_0NpKP4g&s=oyzb8vtKSqpJJuzRqh07HhsRq5IKyL8QgEgpupC44VQ&e="><span style="text-decoration:none"><img border="0" width="90" height="90" id="_x0000_i1025" src="https://www.icann.org/sites/default/files/assets/icann-primary-logo-94x94-en.png" alt="CANN"></span>[icann.org]</a>
<o:p></o:p></p>
<h2>News Alert<o:p></o:p></h2>
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:7.5pt;margin-left:0in">
<span style="font-size:12.0pt;font-family:"Arial",sans-serif"><a href="https://urldefense.proofpoint.com/v2/url?u=https-3A__www.icann.org_news_announcement-2D3-2D2017-2D10-2D12-2Den&d=DwMFaQ&c=FmY1u3PJp6wrcrwll3mSVzgfkbPSS6sJms7xcl4I5cM&r=7_PQAir-9nJQ2uB2cWiTDDDo5Hfy5HL9rSTe65iXLVM&m=usdU1OF33sNRAyS7HEiRLQhU84e0XTgClYx_0NpKP4g&s=cXq7qMcburGIEnwdlcS7Insam-4BZeC8afiHYnwUqV4&e=">https://www.icann.org/news/announcement-3-2017-10-12-en[icann.org]</a><o:p></o:p></span></p>
<div class="MsoNormal" align="center" style="margin-top:15.0pt;text-align:center">
<hr size="2" width="100%" align="center">
</div>
<h2 style="margin-bottom:0in;margin-bottom:.0001pt">ICANN Reserve Fund – Public Comment on Rationale and Target Level<o:p></o:p></h2>
<p style="mso-margin-top-alt:11.25pt;margin-right:0in;margin-bottom:11.25pt;margin-left:0in">
12 October 2017<o:p></o:p></p>
<table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;border:none">
<tbody>
<tr>
<td style="border:solid #D8D8D8 1.0pt;background:#F8F8F8;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><strong><span style="font-family:"Arial",sans-serif">Open Date:</span></strong><span style="font-family:"Arial",sans-serif"><o:p></o:p></span></p>
</td>
<td style="border:solid #D8D8D8 1.0pt;border-left:none;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">12 October 2017<o:p></o:p></span></p>
</td>
<td style="border:solid #D8D8D8 1.0pt;border-left:none;background:#F8F8F8;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><strong><span style="font-family:"Arial",sans-serif">Close Date:</span></strong><span style="font-family:"Arial",sans-serif"><o:p></o:p></span></p>
</td>
<td style="border:solid #D8D8D8 1.0pt;border-left:none;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">30 November 2017<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td style="border:solid #D8D8D8 1.0pt;border-top:none;background:#F8F8F8;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><strong><span style="font-family:"Arial",sans-serif">Originating Organization:</span></strong><span style="font-family:"Arial",sans-serif"><o:p></o:p></span></p>
</td>
<td colspan="3" style="border-top:none;border-left:none;border-bottom:solid #D8D8D8 1.0pt;border-right:solid #D8D8D8 1.0pt;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">ICANN Finance<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td style="border:solid #D8D8D8 1.0pt;border-top:none;background:#F8F8F8;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><strong><span style="font-family:"Arial",sans-serif">Categories/Tags:</span></strong><span style="font-family:"Arial",sans-serif"><o:p></o:p></span></p>
</td>
<td colspan="3" style="border-top:none;border-left:none;border-bottom:solid #D8D8D8 1.0pt;border-right:solid #D8D8D8 1.0pt;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<ul type="disc">
<li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:0in;mso-list:l0 level1 lfo1">
<span style="font-family:"Arial",sans-serif">Accountability/Transparency <o:p></o:p></span></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:0in;mso-list:l0 level1 lfo1">
<span style="font-family:"Arial",sans-serif">Strategy <o:p></o:p></span></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:0in;mso-list:l0 level1 lfo1">
<span style="font-family:"Arial",sans-serif">Operations/Finance <o:p></o:p></span></li></ul>
</td>
</tr>
<tr>
<td style="border:solid #D8D8D8 1.0pt;border-top:none;background:#F8F8F8;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><strong><span style="font-family:"Arial",sans-serif">Brief Overview:</span></strong><span style="font-family:"Arial",sans-serif"><o:p></o:p></span></p>
</td>
<td colspan="3" style="border-top:none;border-left:none;border-bottom:solid #D8D8D8 1.0pt;border-right:solid #D8D8D8 1.0pt;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">ICANN's Reserve Fund was established in 2007 with a target level of a minimum of 12 months of Operating expenses. Since then, the ICANN Organization and its risk profile have significantly evolved.
An updated rationale for the existence of the Reserve Fund and for its target level is offered for public comment.<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td style="border:solid #D8D8D8 1.0pt;border-top:none;background:#F8F8F8;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><strong><span style="font-family:"Arial",sans-serif">Link:</span></strong><span style="font-family:"Arial",sans-serif"><o:p></o:p></span></p>
</td>
<td colspan="3" style="border-top:none;border-left:none;border-bottom:solid #D8D8D8 1.0pt;border-right:solid #D8D8D8 1.0pt;padding:6.0pt 6.0pt 6.0pt 6.0pt">
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><a href="https://urldefense.proofpoint.com/v2/url?u=https-3A__www.icann.org_public-2Dcomments_reserve-2Dfund-2D2017-2D10-2D12-2Den&d=DwMFaQ&c=FmY1u3PJp6wrcrwll3mSVzgfkbPSS6sJms7xcl4I5cM&r=7_PQAir-9nJQ2uB2cWiTDDDo5Hfy5HL9rSTe65iXLVM&m=usdU1OF33sNRAyS7HEiRLQhU84e0XTgClYx_0NpKP4g&s=II4yxmJA_hJmEE3j_RIw8vL4RhR_6bofoQFl_P64IFQ&e=">https://www.icann.org/public-comments/reserve-fund-2017-10-12-en[icann.org]</a><o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
<div style="margin-top:10.5pt;margin-bottom:10.5pt" id="globalfooterNEW1">
<p class="MsoNormal" align="center" style="text-align:center;line-height:12.75pt">
<span style="font-size:10.0pt;font-family:"Helvetica",sans-serif;color:#777777">This message was sent to
<strong><span style="font-family:"Helvetica",sans-serif">marika.konings@icann.org</span></strong> from
<strong><span style="font-family:"Helvetica",sans-serif">no-reply@external.icann.org</span></strong><br>
<br>
ICANN News Alert<br>
ICANN<br>
12025 Waterfront Drive Suite 300<br>
Los Angeles, CA 90094-2536<br>
<br>
<a href="https://urldefense.proofpoint.com/v2/url?u=https-3A__www.icontact.com_signup-2Dtrial-3Futm-5Fmedium-3Dpoweredby-26utm-5Fsource-3Dfooterlink-26utm-5Fcampaign-3DiC-2520Footer-26afid-3D144186&d=DwMFaQ&c=FmY1u3PJp6wrcrwll3mSVzgfkbPSS6sJms7xcl4I5cM&r=7_PQAir-9nJQ2uB2cWiTDDDo5Hfy5HL9rSTe65iXLVM&m=usdU1OF33sNRAyS7HEiRLQhU84e0XTgClYx_0NpKP4g&s=cALLvPEAoT6JDJRVIgzRjgciV0PkLcXcuINMUE6zR-c&e=" target="_blank"><span style="text-decoration:none"><img border="0" width="134" height="47" id="_x0000_i1027" src="http://app.icontact.com/images/iContact-footer-logo-TRY.png"></span>[icontact.com]</a><o:p></o:p></span></p>
</div>
<div>
<p class="MsoNormal" align="center" style="text-align:center;background:white"><a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__app.icontact.com_icp_mmail-2Dmprofile.pl-3Fr-3D11415898-26l-3D6333-26s-3DKUM2-26m-3D1010729-26c-3D165637&d=DwMFaQ&c=FmY1u3PJp6wrcrwll3mSVzgfkbPSS6sJms7xcl4I5cM&r=7_PQAir-9nJQ2uB2cWiTDDDo5Hfy5HL9rSTe65iXLVM&m=usdU1OF33sNRAyS7HEiRLQhU84e0XTgClYx_0NpKP4g&s=xr8hCzWlA9lhA3hynXFC0uP4zMuDsmrrBI25mgLZoAI&e="><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#115880;background:white;text-decoration:none">Manage
Your Subscription [app.icontact.com]</span></b></a> <o:p></o:p></p>
</div>
<p class="MsoNormal" align="center" style="text-align:center"><img border="0" width="1" height="1" id="_x0000_i1028" src="http://click.icptrack.com/icp/track.php?msgid=1010729&act=KUM2&r=11415898&c=165637"><o:p></o:p></p>
</div>
</body>
</html>