<html><head></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; color: rgb(0, 0, 0); font-size: 14px; font-family: Calibri, sans-serif;"><div><div>Dear Angie and everyone,</div><div><br></div><div>Thanks very much for the thoughtful comments – I think we are both saying very similar things! Essentially, the BC (like all other GNSO SG/Cs) defines its own charter and scope, which is one reason why (as well as more general reasons having to do with the fundamental community consensus-based bottom-up ICANN structure) staff suggested that this is an issue best determined by the BC itself. This can include all the considerations mentioned by Angie, and the BC may also decide it wishes to discuss the question with other GNSO SG/Cs. As we also noted, to the extent that a substantial or discrete part the GNSO community then believes a more uniform or coherent approach is needed, either the BC or another GNSO SG/C can bring it up as part of the ongoing GNSO Review - a point that was noted by Avri as something that can be done through each SG/C’s representatives on the GNSO Working Party, including the BC's. </div><div><br></div><div>Anne has requested that staff draft a response to Martin and the BC, which we propose to do along these lines. Although we do not think this is necessarily the type of matter that the SCI Charter was intended to cover, nonetheless it may be helpful to see if this is a shared SCI view. Please reply therefore if you have an objection to the proposed approach. If none is received by <b>23:59 UTC on Wednesday 11 March</b>, we will proceed as noted herein.</div><div><br></div><div>Thanks and cheers</div><div>Mary</div><div><br></div><div><div><div><font class="Apple-style-span" color="#000000"><font class="Apple-style-span" face="Calibri">Mary Wong</font></font></div><div><font class="Apple-style-span" color="#000000"><font class="Apple-style-span" face="Calibri">Senior Policy Director</font></font></div><div><font class="Apple-style-span" color="#000000"><font class="Apple-style-span" face="Calibri">Internet Corporation for Assigned Names & Numbers (ICANN)</font></font></div><div><font class="Apple-style-span" color="#000000"><font class="Apple-style-span" face="Calibri">Telephone: +1 603 574 4892</font></font></div><div><font class="Apple-style-span" color="#000000"><font class="Apple-style-span" face="Calibri">Email: mary.wong@icann.org</font></font></div><div><br></div></div></div><div><div><br></div></div></div><div><br></div><span id="OLK_SRC_BODY_SECTION"><div style="font-family:Calibri; font-size:11pt; text-align:left; color:black; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; BORDER-RIGHT: medium none; PADDING-TOP: 3pt"><span style="font-weight:bold">From: </span> Angie Graves <<a href="mailto:angie@webgroup.com">angie@webgroup.com</a>><br><span style="font-weight:bold">Date: </span> Monday, March 9, 2015 at 11:52<br><span style="font-weight:bold">To: </span> Anne <<a href="mailto:AAikman@lrrlaw.com">AAikman@lrrlaw.com</a>>, Mary Wong <<a href="mailto:mary.wong@icann.org">mary.wong@icann.org</a>>, "<<a href="mailto:gnso-improvem-impl-sc@icann.org">gnso-improvem-impl-sc@icann.org</a>>" <<a href="mailto:gnso-improvem-impl-sc@icann.org">gnso-improvem-impl-sc@icann.org</a>><br><span style="font-weight:bold">Cc: </span> Julie Hedlund <<a href="mailto:julie.hedlund@icann.org">julie.hedlund@icann.org</a>>, Ron Andruff <<a href="mailto:randruff@rnapartners.com">randruff@rnapartners.com</a>><br><span style="font-weight:bold">Subject: </span> Fwd: Request to the SCI - Vote switching<br></div><div><br></div><blockquote id="MAC_OUTLOOK_ATTRIBUTION_BLOCKQUOTE" style="BORDER-LEFT: #b5c4df 5 solid; PADDING:0 0 0 5; MARGIN:0 0 0 5;"><div><meta http-equiv="Content-Type" content="text/html; charset=utf-8"><div><div dir="ltr"><div><div>Dear Anne, Mary and SCI,</div><div><br></div><div>I am writing to share my thoughts with the SCI as a member of both the BC and the SCI. If any of my thoughts expressed below conflict with Mary Wong's pending response, I defer to her.</div><div><br></div><div>I am inclined to think that I am speaking for more than just myself when I say that the SCI recognizes, too, the importance of this issue Martin has raised, and that we would like to be able to provide answers and resolution to the potential for abuse
of voting rights.</div><div><br></div><div>Unfortunately, the SCI's charter directs us to consider GNSO Council processes and procedures and Working Group guidelines that have been identified either by the GNSO Council or a group chartered by the GNSO Council as needing discussion (e.g. a WG).
As the Business Constituency is one of the Constituencies within the Commercial Stakeholder Group (CSG) referred to in Article X.5 of the ICANN bylaws, and as the BC's charter review is not at the request of the GNSO Council, Martin's request lies outside
of the SCI's scope.</div><div><br></div><div>I am available to talk about this issue with Martin and/or with the BC Charter Review Drafting Team, and maybe determine together the optimal way forward. My suggestion is for the SCI to recommend that Martin raise this issue first inside the BC following
the Drafting Team's completion of its first order of business--the charter review. In seeking BC consensus on the issue, requests for outside review will be thoroughly considered by the constituency, ideas for mitigation will be collected, and the best path
forward with the issue will be determined and agreed upon by the BC membership.</div><div><br></div></div><div>Thoughts?</div><div><br></div><div>Thank you,</div><div><br></div><div>Angie</div><div><br></div><div><br></div><div><br></div><div><br></div><br><div class="gmail_quote">---------- Forwarded message ----------<br>
From: <b class="gmail_sendername"></b><span dir="ltr"><<a href="mailto:martinsutton@hsbc.com">martinsutton@hsbc.com</a>></span><br>
Date: Mon, Mar 9, 2015 at 5:26 AM<br>
Subject: RE: Request to the SCI - Vote switching<br>
To: "Aikman-Scalese, Anne" <<a href="mailto:AAikman@lrrlaw.com">AAikman@lrrlaw.com</a>><br>
Cc: Angie Graves <<a href="mailto:angie@webgroup.com">angie@webgroup.com</a>>, "<<a href="mailto:gnso-improvem-impl-sc@icann.org">gnso-improvem-impl-sc@icann.org</a>>" <<a href="mailto:gnso-improvem-impl-sc@icann.org">gnso-improvem-impl-sc@icann.org</a>>, Julie
Hedlund <<a href="mailto:julie.hedlund@icann.org">julie.hedlund@icann.org</a>>, Mary Wong <<a href="mailto:mary.wong@icann.org">mary.wong@icann.org</a>>, Ron Andruff <<a href="mailto:randruff@rnapartners.com">randruff@rnapartners.com</a>><br><br><br><font face="sans-serif">Dear Anne,</font> <br><br><font face="sans-serif">Thank you for your helpful response and suggestion - all noted.<br></font><br><font face="sans-serif">Kind regards,<br></font><br><font face="sans-serif">Martin</font> <br><font color="red" face="Arial"><b>Martin C SUTTON </b></font><br><font size="1" face="Arial">Manager, Group Fraud Risk & Intelligence <br>
Global Security & Fraud Risk<br>
Level 8,1 Canada Square,Canary Wharf,London,E14 5AB,United Kingdom</font><table><tbody><tr><td><font size="1" color="red" face="Arial">__________________________________________________________________</font><br><font size="1"><br></font><table width="100%"><tbody><tr><td width="25%"></td><td width="75%"></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Phone</font> </td><td><font size="1" color="#4f4f4f" face="Arial"><a href="tel:%2B44%20%280%29207%20991%208074" value="+442079918074" target="_blank">+44 (0)207 991 8074</a></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Mobile</font> </td><td><font size="1" color="#4f4f4f" face="Arial"><a href="tel:%2B44%20%280%29777%204556680" value="+447774556680" target="_blank">+44 (0)777 4556680</a></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Email</font> </td><td><a href="mailto:martinsutton@hsbc.com" target="_blank"><font size="1" color="red" face="Arial"><u>martinsutton@hsbc.com</u></font></a></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Website</font> </td><td><a href="http://www.hsbc.com/" target="_blank"><font size="1" color="red" face="Arial"><u>www.hsbc.com</u></font></a></td></tr></tbody></table><br><br><font size="1" color="red" face="Arial">__________________________________________________________________</font><br><font size="1" color="#008000" face="Arial">Protect our environment - please only print this if you have to!</font></td></tr></tbody></table><br><br><br><br><br><font size="1" color="#5f5f5f" face="sans-serif">From: </font><font size="1" face="sans-serif">"Aikman-Scalese, Anne" <<a href="mailto:AAikman@lrrlaw.com" target="_blank">AAikman@lrrlaw.com</a>></font><br><font size="1" color="#5f5f5f" face="sans-serif">To: </font><font size="1" face="sans-serif">Martin C SUTTON/HGHQ/HSBC@HSBC</font><br><font size="1" color="#5f5f5f" face="sans-serif">Cc: </font><font size="1" face="sans-serif">'Mary Wong' <<a href="mailto:mary.wong@icann.org" target="_blank">mary.wong@icann.org</a>>, Julie Hedlund <<a href="mailto:julie.hedlund@icann.org" target="_blank">julie.hedlund@icann.org</a>>,
"<<a href="mailto:gnso-improvem-impl-sc@icann.org" target="_blank">gnso-improvem-impl-sc@icann.org</a>>" <<a href="mailto:gnso-improvem-impl-sc@icann.org" target="_blank">gnso-improvem-impl-sc@icann.org</a>>, 'Ron Andruff' <<a href="mailto:randruff@rnapartners.com" target="_blank">randruff@rnapartners.com</a>>,
'Angie Graves' <<a href="mailto:angie@webgroup.com" target="_blank">angie@webgroup.com</a>></font><br><font size="1" color="#5f5f5f" face="sans-serif">Date: </font><font size="1" face="sans-serif">07/03/2015 22:20</font><br><span class=""><font size="1" color="#5f5f5f" face="sans-serif">Subject: </font><font size="1" face="sans-serif">RE: Request to the SCI - Vote switching</font><br></span><hr noshade=""><br><br><br><font color="#004080" face="Calibri">Martin,</font> <br><font color="#004080" face="Calibri">Although SCI has not met, there has been some discussion on the list regarding your request on behalf of the BC Charter subteam. </font><br><font color="#004080" face="Calibri"> </font> <br><font color="#004080" face="Calibri">Staff (Mary Wong) is drafting a response to your request for SCI and will be circulating that response to SCI members for purposes of developing a consensus on the recommended approach for BC in this fact situation. At
present we have no calls scheduled. If SCI members are not in agreement with the approach described in the draft response that staff is preparing, we will likely need to schedule a call to discuss in more detail than achieved to date on the list. In this
regard, you may want to alert and brief the BC members of SCI as to this particular issue since, to my knowledge, neither one of the BC SCI appointees has commented in the discussion of this matter on the SCI list.</font><br><font color="#004080" face="Calibri">Thank you,</font> <br><font color="#004080" face="Calibri">Anne</font> <br><font color="#004080" face="Calibri"> </font> <br><font color="#004080" face="Calibri"> </font> <br><font color="#004080" face="Calibri"> </font> <br><font color="#004080" face="Calibri"> </font> <br><font color="#004080" face="Calibri"> </font><p></p><table><tbody><tr valign="top"><td rowspan="7"><img src="cid:_1_1023105C10230C880033E7BA80257E03"> </td><td><font size="1" face="Calibri"><b>Anne E. Aikman-Scalese, Of Counsel</b></font></td></tr><tr valign="top"><td><font size="1" face="Calibri"><b>Lewis Roca Rothgerber LLP | </b></font></td></tr><tr valign="top"><td><font size="1" face="Calibri"><b>One South Church Avenue Suite 700 | Tucson, Arizona 85701-1611</b></font></td></tr><tr valign="top"><td><font size="1" face="Calibri"><b>(T) <a href="tel:520.629.4428" value="+15206294428" target="_blank">
520.629.4428</a> | (F) <a href="tel:520.879.4725" value="+15208794725" target="_blank">
520.879.4725</a></b></font> </td></tr><tr valign="top"><td><a href="mailto:AAikman@LRRLaw.com" target="_blank"><font size="1" color="blue" face="Calibri"><b><u>AAikman@LRRLaw.com</u></b></font></a><font size="1" face="Calibri"><b> |
</b></font><a href="http://www.lrrlaw.com/" target="_blank"><font size="1" color="blue" face="Calibri"><b><u>www.LRRLaw.com</u></b></font></a></td></tr><tr valign="top"><td></td></tr><tr valign="top"><td></td></tr></tbody></table><br><font size="3" color="#004080" face="Times New Roman"> </font><p></p><table><tbody><tr><td></td><td><font face="Calibri"><b> </b></font></td></tr></tbody></table><br><font color="#004080" face="Calibri"> </font> <br><font face="Tahoma"><b>From:</b> <a href="mailto:martinsutton@hsbc.com" target="_blank">
martinsutton@hsbc.com</a> [</font><a href="mailto:martinsutton@hsbc.com" target="_blank"><font face="Tahoma">mailto:martinsutton@hsbc.com</font></a><font face="Tahoma">]
<b><br>
Sent:</b> Friday, March 06, 2015 9:17 AM<b><br>
To:</b> Aikman-Scalese, Anne<b><br>
Subject:</b> Re: Request to the SCI - Vote switching</font> <br><font size="3" face="Times New Roman"> </font> <br><font face="Arial">Dear Anne,</font><font size="3" face="Times New Roman"> <br></font><font face="Arial"><br>
As a follow-up, could you please let me know when the SCI is next due to meet/discuss the item raised below? I just want to manage expectations with the BC Charter group, so an indicative time would be helpful.
</font><font size="3" face="Times New Roman"><br></font><font face="Arial"><br>
Kind regards,</font><font size="3" face="Times New Roman"><br></font><font face="Arial"><br>
Martin</font><font size="3" face="Times New Roman"> </font><font color="red" face="Arial"><b><br>
Martin C SUTTON </b></font><font size="1" face="Arial"><br>
Manager, Group Fraud Risk & Intelligence <br>
Global Security & Fraud Risk<br>
Level 8,1 Canada Square,Canary Wharf,London,E14 5AB,United Kingdom</font><font size="3" face="Times New Roman"></font><p></p><table><tbody><tr><td><font size="1" color="red" face="Arial">__________________________________________________________________</font><font size="3" face="Times New Roman"></font><p><br></p><table width="100%"><tbody><tr><td width="26%"></td><td width="73%"></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Phone</font><font size="3" face="Times New Roman"></font></td><td><font size="1" color="#4f4f4f" face="Arial"><a href="tel:%2B44%20%280%29207%20991%208074" value="+442079918074" target="_blank">+44 (0)207 991 8074</a></font><font size="3" face="Times New Roman"></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Mobile</font><font size="3" face="Times New Roman"></font></td><td><font size="1" color="#4f4f4f" face="Arial"><a href="tel:%2B44%20%280%29777%204556680" value="+447774556680" target="_blank">+44 (0)777 4556680</a></font><font size="3" face="Times New Roman"></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Email</font><font size="3" face="Times New Roman"></font></td><td><a href="mailto:martinsutton@hsbc.com" target="_blank"><font size="1" color="red" face="Arial"><u>martinsutton@hsbc.com</u></font></a><font size="3" face="Times New Roman"></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Website</font><font size="3" face="Times New Roman"></font></td><td><a href="http://www.hsbc.com/" target="_blank"><font size="1" color="red" face="Arial"><u>www.hsbc.com</u></font></a></td></tr></tbody></table><br><font size="3" face="Times New Roman"><br></font><font size="1" color="red" face="Arial"><br>
__________________________________________________________________</font><font size="3" face="Times New Roman"></font><font size="1" color="#008000" face="Arial"><br>
Protect our environment - please only print this if you have to!</font><p></p></td></tr></tbody></table><br><font size="3" face="Times New Roman"><br><br><br><br></font><font size="1" color="#5f5f5f" face="Arial"><br>
From: </font><font size="1" face="Arial">Martin C SUTTON/HGHQ/HSBC</font><font size="3" face="Times New Roman"></font><font size="1" color="#5f5f5f" face="Arial"><br>
To: </font><font size="1" face="Arial">"Anne Aikman-Scalese" <</font><a href="mailto:AAikman@LRRLaw.com" target="_blank"><font size="1" color="blue" face="Arial"><u>AAikman@LRRLaw.com</u></font></a><font size="1" face="Arial">></font><font size="3" face="Times New Roman"></font><font size="1" color="#5f5f5f" face="Arial"><br>
Date: </font><font size="1" face="Arial">26/02/2015 23:21</font><font size="3" face="Times New Roman"></font><font size="1" color="#5f5f5f" face="Arial"><br>
Subject: </font><font size="1" face="Arial">Re: Request to the SCI - Vote switching</font><font size="3" face="Times New Roman"></font><div align="center"><br><hr noshade=""></div><br><font size="3" face="Times New Roman"><br><br><br>
Thank you Anne, much appreciated. <br><br>
Martin Sutton<br>
Manager, Group Fraud Risk and Intelligence<br>
Ph: <a href="tel:%2B%2B44%20%280%2920%207991%208074" value="+442079918074" target="_blank">++44 (0)20 7991 8074</a><br>
Mob: <a href="tel:%2B%2B44%20%280%29777%204556680" value="+447774556680" target="_blank">++44 (0)777 4556680</a><br>
Sent from my BlackBerry<br><br>
*********************************<br><br>
HSBC Holdings plc<br>
Registered Office: 1 Canada Square, London E14 5AB, United Kingdom<br>
Registered in England number 617987<br><br>
********************************* </font><div align="center"><br><hr></div><p><font size="3" face="Times New Roman"><b> From: </b>"Aikman-Scalese, Anne" [<a href="mailto:AAikman@lrrlaw.com" target="_blank">AAikman@lrrlaw.com</a>]<b><br>
Sent: </b>26/02/2015 20:31 GMT<b><br>
To: </b>Martin C SUTTON<b><br>
Subject: </b>RE: Request to the SCI - Vote switching </font></p><p><font color="#004080" face="Calibri"><br>
Thanks Martin. I will bring this before SCI.</font><font size="3" face="Times New Roman"></font><font color="#004080" face="Calibri"><br>
Anne</font><font size="3" face="Times New Roman"> </font><font color="#004080" face="Calibri"><br></font><font size="3" face="Times New Roman"> </font> </p><p></p><table><tbody><tr valign="top"><td rowspan="7"><img src="cid:_1_10226CEC102269180033E7BA80257E03"> </td><td><font size="1" face="Calibri"><b>Anne E. Aikman-Scalese, Of Counsel</b></font><font size="3" face="Times New Roman"></font></td></tr><tr valign="top"><td><font size="1" face="Calibri"><b>Lewis Roca Rothgerber LLP | </b></font></td></tr><tr valign="top"><td><font size="1" face="Calibri"><b>One South Church Avenue Suite 700 | Tucson, Arizona 85701-1611</b></font><font size="3" face="Times New Roman"></font></td></tr><tr valign="top"><td><font size="1" face="Calibri"><b>(T) <a href="tel:520.629.4428" value="+15206294428" target="_blank">
520.629.4428</a> | (F) <a href="tel:520.879.4725" value="+15208794725" target="_blank">
520.879.4725</a></b></font><font size="3" face="Times New Roman"> </font></td></tr><tr valign="top"><td><a href="mailto:AAikman@LRRLaw.com" target="_blank"><font size="1" color="blue" face="Calibri"><b><u>AAikman@LRRLaw.com</u></b></font></a><font size="1" face="Calibri"><b> |
</b></font><a href="http://www.lrrlaw.com/" target="_blank"><font size="1" color="blue" face="Calibri"><b><u>www.LRRLaw.com</u></b></font></a><font size="3" face="Times New Roman"></font></td></tr><tr valign="top"><td></td></tr><tr valign="top"><td></td></tr></tbody></table><p><font size="3" color="#004080" face="Times New Roman"><br></font><font size="3" face="Times New Roman"> </font> </p><p></p><table><tbody><tr><td></td><td><font face="Calibri"><b> </b></font></td></tr></tbody></table><p><font color="#004080" face="Calibri"><br></font><font size="3" face="Times New Roman"> </font><font face="Tahoma"><b><br>
From:</b> </font><a href="mailto:martinsutton@hsbc.com" target="_blank"><font color="blue" face="Tahoma"><u>martinsutton@hsbc.com</u></font></a><font face="Tahoma"> [</font><a href="mailto:martinsutton@hsbc.com" target="_blank"><font color="blue" face="Tahoma"><u>mailto:martinsutton@hsbc.com</u></font></a><font face="Tahoma">]
<b><br>
Sent:</b> Thursday, February 26, 2015 12:30 PM<b><br>
To:</b> Aikman-Scalese, Anne<b><br>
Subject:</b> Request to the SCI - Vote switching</font><font size="3" face="Times New Roman"><br>
</font><font face="Arial"><br>
Dear Anne,</font><font size="3" face="Times New Roman"> </font><font face="Arial"><br><br>
I am a member of the Business Constituency and currently working with the BC Charter Review team. During our recent discussions, we identified a potential issue that may affect GNSO Stakeholder Groups (SGs) and Constituencies (Cs) which may warrant the attention
of the SCI, which I understand you currently chair.</font><font size="3" face="Times New Roman"></font><font face="Arial"><br><br>
With the introduction of New gTLDs, an increasing number of organisations now meet the criteria of membership within multiple groups, even across the contracting and non-contracting parties divide. The point in question is in relation to the ability for a
member of multiple SGs and Cs to regularly switch their voting rights between these groups in a tactical manner, so as to apply votes for elections/decisions where they may have concerns with lack of representation within a specific group, at a specific time.
Whilst they may only vote in one of the SGs or Cs, there is no restriction as to when and how frequently they may switch their voting power between these groups. This could be too flexible and potentially allow the system to be exploited.</font><font size="3" face="Times New Roman"></font><font face="Arial"><br><br>
I am pleased to say that there is no evidence that this is occurring but as new members continue to increase, it seems sensible to consider preventative measures be put in place to protect the GNSO for the future. As an example, a multi-member organisation
could be obliged to commit holding it's voting rights within one group for a minimum term of 12 months before switching to another group. Of course, this would need to be uniform across all of the SGs and Cs, hence, we think it is appropriate to raise this
issue with the SCI for consideration.</font><font size="3" face="Times New Roman"></font><font face="Arial"><br><br>
I would be happy to discuss further and interested to know if you feel this would be appropriate and worthwhile for the SCI to assess.</font><font size="3" face="Times New Roman"></font><font face="Arial"><br><br>
Kind regards,<br><br>
Martin</font><font size="3" face="Times New Roman"> </font><font color="red" face="Arial"><b><br>
Martin C SUTTON </b></font><font size="1" face="Arial"><br>
Manager, Group Fraud Risk & Intelligence <br>
Global Security & Fraud Risk<br>
Level 8,1 Canada Square,Canary Wharf,London,E14 5AB,United Kingdom</font><font size="3" face="Times New Roman"></font></p><p></p><table><tbody><tr><td><font size="1" color="red" face="Arial">__________________________________________________________________</font><font size="3" face="Times New Roman"></font><p><font size="3" face="Times New Roman"> </font> </p><p><br></p><table width="100%"><tbody><tr><td width="26%"></td><td width="73%"></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Phone</font><font size="3" face="Times New Roman"></font></td><td><font size="1" color="#4f4f4f" face="Arial"><a href="tel:%2B44%20%280%29207%20991%208074" value="+442079918074" target="_blank">+44 (0)207 991 8074</a></font><font size="3" face="Times New Roman"></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Mobile</font><font size="3" face="Times New Roman"></font></td><td><font size="1" color="#4f4f4f" face="Arial"><a href="tel:%2B44%20%280%29777%204556680" value="+447774556680" target="_blank">+44 (0)777 4556680</a></font><font size="3" face="Times New Roman"></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Email</font><font size="3" face="Times New Roman"></font></td><td><a href="mailto:martinsutton@hsbc.com" target="_blank"><font size="1" color="red" face="Arial"><u>martinsutton@hsbc.com</u></font></a><font size="3" face="Times New Roman"></font></td></tr><tr><td><font size="1" color="#4f4f4f" face="Arial">Website</font><font size="3" face="Times New Roman"></font></td><td><a href="http://www.hsbc.com/" target="_blank"><font size="1" color="red" face="Arial"><u>www.hsbc.com</u></font></a></td></tr></tbody></table><p><font size="3" face="Times New Roman"><br></font><font size="1" color="red" face="Arial"><br><br>
__________________________________________________________________</font><font size="3" face="Times New Roman"></font><font size="1" color="#008000" face="Arial"><br>
Protect our environment - please only print this if you have to!</font></p><p></p><p></p></td></tr></tbody></table><p><font size="3" face="Times New Roman"><br>
</font> </p><div align="center"><br><font size="3" face="Times New Roman"> </font> <br><hr></div><br><font size="3" face="Times New Roman"><br>
-----------------------------------------<br>
SAVE PAPER - THINK BEFORE YOU PRINT!<br><br>
This E-mail is confidential. <br><br>
It may also be legally privileged. If you are not the addressee you may not copy,<br>
forward, disclose or use any part of it. If you have received this message in error,<br>
please delete it and all copies from your system and notify the sender immediately by<br>
return E-mail.<br><br>
Internet communications cannot be guaranteed to be timely secure, error or virus-free.<br>
The sender does not accept liability for any errors or omissions. </font><p><font size="3" face="Times New Roman"> </font> </p><div align="center"><br><hr></div><br><font size="1" color="#808080" face="Arial"><br>
This message and any attachments are intended only for the use of the individual or entity to which they are addressed. If the reader of this message or an attachment is not the intended recipient or the employee or agent responsible for delivering the message
or attachment to the intended recipient you are hereby notified that any dissemination, distribution or copying of this message or any attachment is strictly prohibited. If you have received this communication in error, please notify us immediately by replying
to the sender. The information transmitted in this message and any attachments may be privileged, is intended only for the personal and confidential use of the intended recipients, and is covered by the Electronic Communications Privacy Act, 18 U.S.C. §2510-2521.
</font><p><font face="Arial"><br><br>
************************************************************<br>
HSBC Holdings plc<br>
Registered Office: 8 Canada Square, London E14 5HQ, United Kingdom<br>
Registered in England number 617987<br>
************************************************************</font> </p><div align="center"><br><hr></div><br><font size="3" face="Times New Roman">-----------------------------------------<br>
SAVE PAPER - THINK BEFORE YOU PRINT!<br><br>
This E-mail is confidential. <br><br>
It may also be legally privileged. If you are not the addressee you may not copy,<br>
forward, disclose or use any part of it. If you have received this message in error,<br>
please delete it and all copies from your system and notify the sender immediately by<br>
return E-mail.<br><br>
Internet communications cannot be guaranteed to be timely secure, error or virus-free.<br>
The sender does not accept liability for any errors or omissions.</font><p><font size="3"><br></font></p><hr><font size="1" color="#808080" face="Arial"><br>
This message and any attachments are intended only for the use of the individual or entity to which they are addressed. If the reader of this message or an attachment is not the intended recipient or the employee or agent responsible for delivering the message
or attachment to the intended recipient you are hereby notified that any dissemination, distribution or copying of this message or any attachment is strictly prohibited. If you have received this communication in error, please notify us immediately by replying
to the sender. The information transmitted in this message and any attachments may be privileged, is intended only for the personal and confidential use of the intended recipients, and is covered by the Electronic Communications Privacy Act, 18 U.S.C. §2510-2521.
</font><p><font face="sans-serif"><br><br>
************************************************************<br>
HSBC Holdings plc<br>
Registered Office: 8 Canada Square, London E14 5HQ, United Kingdom<br>
Registered in England number 617987<br>
************************************************************<br></font></p><div><p></p><hr>
-----------------------------------------<br>
SAVE PAPER - THINK BEFORE YOU PRINT!<br><br>
This E-mail is confidential. <br><br>
It may also be legally privileged. If you are not the addressee you may not copy,<br>
forward, disclose or use any part of it. If you have received this message in error,<br>
please delete it and all copies from your system and notify the sender immediately by<br>
return E-mail.<br><br>
Internet communications cannot be guaranteed to be timely secure, error or virus-free.<br>
The sender does not accept liability for any errors or omissions.<br><p></p></div><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p></div><br></div></div></div></blockquote></span></body></html>