RAW FILE AOTEAROA, NEW ZEALAND SEPTEMBER 6, 2024 APNIC MEMBER MEETING RONGOMATANE AB ‑‑ TRACK 1. 14:30 P.M. Services Provided By: Caption First, Inc. P.O. Box 3066 Monument, CO 80132 +1‑719‑941‑9557 Www.captionfirst.com *** This text, document, or file is based on live transcription. Communication Access Realtime Translation (CART), captioning, and/or live transcription are provided in order to facilitate communication accessibility and may not be a totally verbatim record of the proceedings. This text, document, or file is not to be distributed or used in any way that may violate copyright law. *** >> CHAIR: Good afternoon, everyone! Thank you for joining APNIC Member Meeting. I believe you have a very impressive discussion and a lot of discussion, information sharing earlier this week, and AMM is most critical section for the APNIC because we need to update what we have been discussing and reach consensus for all of the discussion, and also try to report to the going member what we did a few months ago. And initially I tried to introduce our Executive Council member and starting from myself, I'm Kenny Huang, Chair of APNIC Executive Council member, and from Taipei. I will let the Executive Council member introduce yourself, where you are from. >> I am Roopinder Singh Perhar. I am from India. I am the Secretariat of the board. >> YOSHINOBU MATSUZAKI: This is Yoshinobu Matsuzaki from Japan. Treasurer. Thank you. >> This is Vince from the Philippines. >> KAM SZE YEUNG: Hello, this is Kam from Singapore. >> ANLEI HU: Hello I'm Anlei Hu from Beijing, China. Nice to meet you. Thank you. >> SUMON AHMED SABIR: I'm Sumon from Bangladesh. >> CHAIR: The Council represents your interest so you are free to talk to any of us. We are happy to listen from you and share with you about activity happening in the APNIC. So moving to the next one, I would like to move to APNIC activity reporting. The first one will be Karla. >> KARLA SKARDA: Thank you, Kenny, thank you to our Executive Council for your guidance and welcome to the AMM. I did this the last time as well. I thought I would start off by introducing myself, I am Karla Skarda, and I head up the registry value stream which means I look after the product development infrastructure services team. So there is a lot involved and there is a lot of breadth involved with what we do. I thought I would kick straight into having a look at our strategic overview from where we started at the beginning of this year. So some of you who have been with us on this journey for a couple of months and at our last Conference will know that we kicked off a new strategic plan at the beginning of this year that's going to, that's going to take us through for the next four years. And structure follows strategy, so we did actually kick off a new structure within the team. So that little orange block there which says registry is where I sit, and I'm very lucky to have an amazing team of people that support me in that area. I will explain a lull bit more about that later on. The other stream, the value stream that you see sitting next to registry is development. We have a very, we are very specific about calling those two streams value streams because we, A, wanted to express that we are very fluid in how we actually approach the work together. And I'm very grateful to my counterpart, Che‑Hoo for his support for some of the alignment we have managed to achieve in this short period of time. Under pining both of these value streams is the capability section which encompasses legal, finance, and the human resources team which is really probably the most valuable thing about APNIC and the thing that I have come to love more and more over the years is our culture. And our approach to our work. And then spearheading all of the value streams and the capability sector or section is the engagement, and Pablo, you will hear from him later is the one that causes us or creates a panel way for us to move forward into the future. So we were quite deliberate about the way that we have actually represented this graphically, and we hope that it helps you to understand what we are trying to achieve with this new structure. So you will hear more from each one individually. So I'm just going to kick straight into talking about the registry, and it occurs to me again that at the last Conference I was wearing a bright pink shirt and it clashed with the orange, so Tada! Anyway, it's as close as I can get. So the registry, as I said, is really our primary purpose is for the allocation of Internet numbers in the region. Although that encompasses an enormous amount of work that sits behind that. So starting off with the resource delegation, we have seen a little bit of a slowdown this year. It looks like there has been a slowdown, but that's mostly because we have seen that there is a lot more activity in the transfers market and mergers and acquisitions market so our net growth has been lower than what we originally anticipated. And certainly lower than last year on both IPv4 and IPv6. This isn't an area for concern. We are quite comfortable with what's happened there, but it's just interesting observation. So at the same time, ASNs for those of you who haven't been on the journey the big spike was a big block of ASNs that went to one of our members in China a couple of years ago, but there has just been a very steady kind of slow pace of the ASN delegation subsequent to that. Moving onto where we are with IPv4 addresses, significantly we undertook a project over the last number of years which some of you will be very familiar already with, which is our historical resource reclaim project. And that, as you can see if you look at the, moving onto the IPv4 transfers, there was a lot of activities in the mergers and acquisitions in particular. So that generated a lot of activity as we started to make contact with some of the resource holders that had been delegated their addresses before APNIC came into existence. So that was a very intensive project that we have now completed, and I really want to thank the community for all of their support getting through that project over those last number of years. So what has happened as a result of that, which is now moving onto the graph that you see, I just need to make sure I'm on the right side. The IPv4 graph, there has been a bump in IPv4 as a result of that project. There was a chunk of space we reclaimed at the middle of last year and that's been released into the pool. So we are looking a lot more healthy and we are, I this, one of the only RIRs that have space to delegate so we are in a fortunate position that we are not having to maintain lists of people waiting for IPv4. So moving into stats on member services, we passed the 10,000 member mark which was a big point of celebration at the beginning of this year. We haven't grown much beyond that, and, again, I'm talking net members. We have added a lot of new members but there has been other members where there have been merger, acquisitions and transfers in the market. So that's meant that we have had a few in terms of member numbers drop off the bottom. So it's also representative of some of the things that are happening generally in the market as I think everyone is aware, there is a lot of ambiguity, and a lot of movement happening at all levels. So despite all of that, we have still managed to maintain very high satisfaction levels and made sure that our SLAs have been, well, people, the response has been very high to all of your asks through our systems, and I'm very pleased to say that we have had over 1500 feedback items that we received again from the community. This is really about how we can improve our products, how we can improve our services to you. Of those we have already actioned 81% of those that are actionable. Some of them were just really commentary and others were things we can put into place. Some of them represent more longer term projects, and we will continue to do that, but it's something that I said during the products and services session, we really value your feedback. It's not only the policies that give us direction in how we approach our work, but it's also your feedback on how you are interacting with our products and some of the things that you would like to see us continue to do. So there were 336 user engagements, 28 member engagements, 131 touchpoints. There is a lot of interaction with the community, and, again, we are very grateful and mindful of the ability to get out there and really understand the context that you are working in. We also have had some ongoing improvements and developments of our relationships with the NIRs, again, very important part of our community, and not only have we renewed the MOU with VNNIC, but we have visit a number of the NIRs earlier this year. So that's important for us to do on an ongoing basis. Last point on this slide is the responses to the survey. So you will hear a lot more about that later on today. Brenda will give you a full report. This is an independent survey conducted on behalf of the EC which supports the feedback we get from you. So this is just to make sure that we aren't acting on some kind of confirmation bias, but it is something completely independent. It's a long survey, so for those of you who participated, we do really appreciate. We don't under estimate the effort, but we definitely do appreciate your response to that survey. Policy development, we have already gone through most of the proposals that reach consensus at the last meeting at APNIC 57 have been implemented sense for the prop 154 which is in the process of being completed now. We had a couple of policies submitted during this conference, during APNIC 58. None of those reached consensus. One of them was withdrawn, and one was hand returned to the mailing list or the, that's going to need some more discussion. But it's, again, really helpful to see that we've got some new voices coming into the policy discussions. So we would like you to keep doing that. That's really great to see that we had one coming from one of our ex fellows from Bangladesh. So very nice to see that activity. Product development. Now, we have been trying to figure out a way of actually showing you what we are doing in an agile world because it's not just that we kind of plan things and tick them off. It's that waterfall approach is very much part of our history, and we have now moved into much more agile processes. So what we have tried to do is show you what we have been doing in terms of goals that we have completed, goals that have been deferred in progress or abandoned, and still some that are pending that we are hoping to achieve before the end of the year. As we start work and or as we start doing some exploration, there are some projects that we have realized are not really appropriate for the work we are going to do, or they aren't going to deliver the value that we originally anticipated. So those are the ones that are abandoned. But I would encourage you, please, to keep an eye on the roadmap. So there is the roadmap.APNIC.net and that will give you a better sense of what we are doing. So everything that we are doing is updated as we complete that work. So we are interested in your comments on that, and keep an eye on that. So a few highlights on the product development side. Membership there has been a strong focus on improving security and that's response to what the community has asked us to do. So authenticated chat has been, that's something that we have been wanting to achieve for a long time so that's a big point of celebration. And also the multi‑factor authentication via OKTA. That has been improved. But my personal favorite, which has been a really piece of work is the complete overhaul of the APNIC contact management system. So it is definitely much more appropriate for the environment that we work in and the kind of way that I think most people have learned to interact with systems on a membership basis. So if you haven't had a chance to check it out and to see how we have done that, please jump online and go have a look at the products and services session where there was a deep dive into how that has actually evolved and what that means for you. So it's available on YouTube. Go and have a look on that or else reach out to one of our friendly services team and they will help you to understand what our new approach is there. On the registry, another big point of celebration is we have our API finally over the line. So, again, something that a lot of members have been asking for for a while. So that has now been released in production after quite a long period of being be between and having robust testing. Very policed to see that happening. The RPKI RSC object signing validations are complete. We are waiting for some sign off on the documentation that needs to accompany that. So that work is in fact complete and we do expect we will be doing that launch towards the end of September once our legal team have had a chance to go through that. Information products, DASH, which is becoming a favorite with the community, and a lot of people have actually told us how much they appreciate this particular product. So, again, if you haven't explored that, please do. There is an enhancement on the suspicious traffic details and so for those of you that don't know, you can go and see that on your dashboard or you can actually get the loads directly to mobile phone via WhatsApp, text messages or email. We have just released the integrated MANRS readiness score in DASH, and in response to the community again,y the NI Rs requested filtering between REX, that's been released as well. Infrastructure services, this has all been about improving resilience and improving our security posture. So a lot of work that's been done to improve the data centre fail‑over systems that we have in place, and also on the simple and platform operations. Migration of all SAAS services to infrastructure as a code is a wonderful way for us to improve our efficiency and hopefully will lead to cost savings on into the future as well. And also the completion of the integration of the code scanning to the product pipelines which I believe that the jargon is that we are shifting to the left. Thank you, David, for that little piece of way to articulate that. But, again, really moving forward with making sure that we are more resilient to face some of the challenges we have in the future and become more efficient. And that is my bit. And I'm going to now hand over to Che‑Hoo. So he will take you through the development section. Thanks. >> CHE‑HOO CHENG: Thank you, Karla. I'm sorry I forgot to wear green color. The next time I will do it. Maybe someone have to remind me next time. My name is Che‑Hoo Cheng. I am the Senior Director of Development. I'm in chart of the development value stream. I do work closely with Karla. The main objective of the development value stream is to assist in sustainable development and growth of the Internet in our region. In the next ten minutes or so I'm going to, like, report what we have done so far this year, and, of course, the main part of our work is training, and the branding or the name that we use for our training is APNIC academy. You will hear more and more about this term. And, of course, we will do a lot of instructor‑led training. We have done 104 instructor led training so far. Some in person, some online. We did it with NOGs, we did it with NIRs and we partner with Asi@connect. And we also, of course, have new content, like the latest one is network automation. We did the workshop the first into APRICOT, and also this time in APNIC 58 Wellington and we took the opportunity to train‑the‑trainers because this is a new cause. We have to have more trainers to get trained so that we can have more trainers to help do this workshop. And we also partner with, like, K TCC I Foundation, APT to do training in various places. Some actually would bring us additional funding which is very useful to us. As I mentioned, we also do online training like we did 20 online open tutorials. Part of the training is content. Automation is the latest cost that we have developed and one of the important parts of our training is the practical part. So virtual apps is for that, and we have developed quite a number of virtual apps on our platform. And one new feature on the virtual apps is share labs. In the past all of the labs would be used by only one person, but like with the share lab feature, multiple people can do the lab together, which is a big improvement. And we also have done some minor updates to, like, small updates to like BGP and IPv6 training. Of course, we will have staff to do the training, but we also engage with trainers to help us to do training together. Especially on the local knowledge, the local language side with the help of trainers, I think the outcome would be much better and we now have 33 volunteer trainers and 10 trainers. Another important part is the self‑paced training because people can do the training on demand at their own pace. Sometimes it's hard to ask people to, like, come to our training for three days, four days, five days, consecutively because they have their full‑time job, but if they want to do the training on their own time at their own pace, they can use our platform to access the self‑based training. Some statistics on the table on the right, you know, you can have a look at it. To support all of this training, we also have our own product. We call it academy product, and we continue to develop the product to provide better features and functions. And so far we have done a lot of changes to the virtual labs, not just about the content but about the feature functions. I mentioned about shared labs which are very, very good development. And another part is the optimization. Our labs are like on the Cloud, and as you understand cloud charges by usage. And after we have done optimization, the usage charge become much, much lower. So it's actual little a very good development thanks to the team. And also we are going to modernize our platform so that that our platform can be more future proof and also with better performance, lower latency and, of course, we will leverage the Cloud infrastructure, public cloud infrastructure. Important piece of the updates this time is about IPv6 certification. We are going to launch a new certification program and we call it ALPHA trial because we have just completed a development. We don't know whether it is 100% accurate, and so we are going to do trial in two locations, one in Nepal, one in the Philippines so that we can ask the Committee to ask us to validate everything, so we are going to do it in the coming months, and with that, of course, we can, like, do better refinement and then we will do another trial next year. We will call it beta trial. After beta, of course, we will go into production. And when we go into production, we can be sure that things are, like, in good shape. And availability side, 100% so far, fingers crossed, you know, hopefully it can stay that way. In addition to the training, we also do community support specifically, we do support like NOGs events, like peering forums and so far we have supported 25 tech community events. We supported speaker training, even sometimes we provide some accounts for people to Microsoft, and we also have supported establishment of Timor‑Leste, and we hope they can build the community locally there. For security side we support 13 events, and we have done support for Bhutan, Sri Lanka, Mongolia. And like Jamie is helping with APAN security Working Group as the Chair. So as to ensure there is continued engagement in the community. And we also do training for law enforcement agencies, as you may understand like law enforcement agency may not understand Internet too much, and they may have, they may do something wrong, and so it's very important to help with them on knowledge side. So we did it in like Hong Kong and Pacific Islands. On the honeynet side, it's for gathering intelligence, stats, and this is the work of Etly, in the past three months he has installed 100 new honeypot sensors and this is an important feat to our dash services. And we of course also do some threat sharing events as well. We support a lot of technical assistance deployment support for the IXP. So far we have supported like 7IXPs, expert exchanges. As you may no, setting up Internet exchanges technically is easy, but in fact very difficult to achieve what you want to achieve. The key objective is to keep the traffic local to help improve the performance latency. But sometimes if people do not collaborate, it's actually hard to achieve the outcome that you want to achieve. So we continue to do work on that part, and we partner with JPR on the deployment. It's not something that is very easy. So far we have done five and hopefully we can continue to do that. This is for improving the DNS infrastructure around the region. And we also have done a lot of technical assistance work for the members covering topics, IPv6, RPKI routing, et cetera, et cetera. This support should be valuable to our members. The last but not least this is the work under Geoff, of course, he is our super star. He has done 22 presentations at technical events, 21 blog posts, 8 podcasts on the WSIS side. He continue with IPv6. DNS over XXGPS measurement large responses, measurement and collaboration with MANRS, providing routing data, collaborate with ICANN on the DNSSEC measurement and CloudFlare on the DNS measurement. That's all I have. I will hand it over to Pablo. >> PABLO HINOJOSA: I'm wearing green, Che‑Hoo, so you are covered. I'll talk about engagement. We are an enabler across the APNIC organisation and an enabler of the community. Our focus is to coordinate presentations by the Secretariat to facilitate community participation like here in conferences, mailing lists, as fellows, Governments coming here. This slide is about APNIC's engagement with the community. Our approach is not driven by the events we attend, but by how we can support the organizers and the attendees of those events. So that's why we emphasize more engagements rather than events, and up until the end of July from January to July, we have completed 297 engagements, about half of them have been done remotely. But the other half, about 160 have been in person. The majority of our engagement, about 35% of the total are training, Che‑hoo talked about those events especially on security. The thing I would like to emphasize is engagement with NOGs. There are new NOGs in Pakistan. Afghanistan is doing monthly webinars, which is a great thing. There are also revived NOGs such like TWNOG. We have supported and attended 22 of them, and that has become our third most frequent engagement during this time. I will talk about very quickly our peer blog. It receives in excess of a million viewers a year. So it's a beautiful platform for operators and researchers. Part of the community to showcase their work, to share information, and we complete the blog with the ping podcast. We have two episodes per month. It dives deeper into different subjects and it has reached about 10,000 impactful plays per month, so we are very proud about that. Conferences, we had a good app COT in Bangkok. We had 855 participants from 54, for this Conference, APNIC 58, the latest news is we reached 359 in person participants. Collocation, collocation is really good so the Pacific happened with almost 100 participants. There are other side events with folks in the Pacific including CCTLBs and some development owners. We are very happy when this collaborations happen and we can go locality. It brings more participation. We also have next generation program in partnership with business events here in Wellington that brought participants from local universities and association youth associations. We are very happy with that. So I will talk about participation and it will be about our fellows. We had 761 applications for being a fellow here, and we only were able to support travel for 26 participants, two from the 28 that are here in the slide. Clearly there is more interest in the community that we can support, and we want to increase capacity in that through partnerships with other organisations and all means possible. I'm going to talk about Government engagement very quickly. It has been a lot of work, particularly to prepare for the ITU world telecommunications standardisation assembly. It is happy in Delhi in October, and there is a lot of preparatory work particularly in APT. This is an intergovernmental Conference that takes place every four years or for this time because of COVID it went a little bit off. But it's the multilateral arena, ITU and APT where we build relationships with policymakers and regulators of the region. At the global level, we have been following procedures, proceedings in the United Nations about the Global Digital Compact. There is a lot about negotiations and intergovernmental arena that is shaping the Internet Governance, for example, next year, there is the renewal of the mandate of the Internet Governance Forum and we are trying to best to keep abreast of that and give a voice to the APNIC community the technical community in those fora. I'll go fast because we are running out of time. I will just talk about Internet cooperation. It's my last slide. There is a lot of collaboration among the different Regional Internet Registries all together in the NRO, the NRO RPKI program was part of a strategic plan, and it's finally up and rung. The NRO and ICANN are working closely together. The NROEC and the NRO NC are working together with the review of ICP2 so there is a lot of cooperation. We have the global IGF at the end of this year, and we were involved in the proposal of different sessions there in partnership with other organisations. The regional APR IGF, it's a little bit out from, it already happened, but happened after the dates in which this report is made, but I just want to say that TWNIC was an incredible location. And had it WTIGF, digital rights program and it was a huge success, but a lot of preparatory work happened since the beginning of the year in terms of session proposals, et cetera. I will leave it there, but very happy to receive any question. >> Thanks, we are running out of time so I will be fairly fast, this covers all of the operational areas that under pin the organisation, so finance, legal, HR, internal IT and more. I will quickly run through some of the highlights of what we have been up to over the past nine months, so we, on the slide here it says we are preparing our audits for ISO273001 which is the information security management time and ISO9001 quality management system audits. We have passed those, which is fantastic so well done to all of the teams. We continue doing data warehouse development work. This is bringing all of the information into the one area so we are not tied to any one vendor for all of our various systems. That continues. The audit of the financial accounts is completed which is great. Well done to the finance team for successful audit. We have been also working on our investment management, a tender process has begun there working with the EC looking at our investment manager who basically managed the funds in our reserve for APNIC, and that process will be completed shortly and the new manager should be in place by the end of the year. The other thing we've been working on is our in‑house travel management. We have basically decided to bring all of our travel management in‑house for cost savings and efficiencies. That process has actually now, well, its virtually completed all of the travel for this Conference was managed using it for APNIC staff and our fellows and so we are pretty confident that that will be completed very, very soon. Employee experience, we have, we do what we call, well, the employee engagement survey, a company called Glint, two of those a year. The first was held earlier this year and we achieved an engagement score of 82% which is 7% higher than the global benchmark. The chart on screen shows the various dimensions of the report. There is 22 included, and for 20 of them we were above the global benchmark, which is a really good result. So we are quite happy with that. Obviously we will not sit on our laurels. We have another coming up later this year and hopefully the engage rate will continue to stay at that nice high level for our staff. Our turnover is low, 3.2%, which is within the benchmark that we measure our receives on for employee turnover, and there has been zero new headcount at APNIC funded roles this year. On the governance side, there was a lot of activity last year as you know, and that flowed through to this year. Obviously we publish all of our annual reports and activity plans at the start of each year. This year we moved them to the beginning of APRICOT. Normally they are published on the day of the AGM in line with the community feedback and we have since adopted a revised planning table for 2025 which will see both the plan and budget for next year published this year. So it will happen before we actually enter the year which is a change from previous. Again, this is in line with community requests to make sure the information is available earlier. As part of the governance changes that were made, the structural changes that were made, all of the EC members were appointed as Directors for APNIC party limited and APNIC EC limited. This is a procedural thing we needed to complete. A new thing was introduced as a result of the bylaw changes was the EC Electoral Committee. That Committee was put in place to make sure that there was any non‑compliance by any of the nominees for EC positions was managed, and there was none. Nothing was identified during the recent election. Other things that we have been up to. We provided some support to the EC's DG search and transition Committee. We will talk about that in a moment. We have commenced our routine resource delegation audit process. This is something we have had in our plan this year to do to ensure, go back and check against some of the Delegations made to ensure accuracy. That process will continue through to the end of this year. And finally, and it might be boring for some people, but insurance is important, and we review it every year, and we were very lucky to have that not only reviewed, but renewed at a lower cost. So we saved some money on our insurance this year which is always good. We are trying to keep our budget within our 4% limit of expense growth. So this final slide, what it shows is a summary of what we have in our plan, which is, we call them success indicators. They essentially are KPI that we use to see if we are on track with what we have proposed to do. Most of them, as you can see, are in progress. We are well over halfway through the year and you will see that most of them residing in the 50% and over category in terms of how far we have progressed and the traffic lights there show our confidence in how, how confident we are that they will be achieved, and there is only a few there that are lagging. We are pretty confident all of those, at the moment there are 86 of them are in the green and we are confident that will be achieved. So progress has been good against the plan so far. You can read more about all of this online. We do, online we do have an activity tracker which shows how we are progressing, and you can see against all success indicators what the progress has been, that's it. Thank you. (Tony Smith). >> CHAIR: Thank you, Tony, thank you for the reporting. Because we are running out of time, so we need to speed up a little bit, next I would like to invite, Yoshinobu Matsuzaki for the treasurer report. Thank you. >> YOSHINOBU MATSUZAKI: Okay. So last time I realize I needed this one to read the numbers. This is my first time wearing glasses on stage. So this is, I am Yoshinobu Matsuzaki. I would like to deliver our treasurer report. So this is the highlight. July 2024, revenue year to date is 133,000 below budget. By the way, the numbers are AUD, just in case. And expenses year to date are $1.3 million below budget. That's good. The operating surplus year to date is 684,000. But then the full year forecast operating deficit is $1.2 million. Equity has increased by $2 million compared to December 2023. This is our statement of financial performance. Revenue is 5% higher than last year to date, full year forecast revenue is expected to be in line with budget. Expenses are on par with last year to date. Full year forecast expenses are expected to be in line with budget. Revenue. So income. Membership growth is growing. So 136 new members year to date about 118 new members. Income includes additional revenue from APNIC Foundation budget due to project changes and cost savings. Investment income is above budget due to better than expected investment returns. That's good. And this is just a pie chart with membership by economies year to date. Next expenses. Total, APNIC expenses are $1.3 million behind the budget year to date due to the unexpected spending in the first half of the year, but spending will accelerate in the second half of the year, so we are expecting our forecast expenses are expected to be on par with our budget. This is a diagram, so the 2024 budget versus full year forecast. So by showing the green is revenue and income, and the red are expenses. Statement of financial position. Assets have increased by $2.3 million since December 2023, and the liabilities have increased by $300,000 since December 2023. Equity has increased by $2 million since December 2023. Financial stability measures, so the year to date financial stability measure is 17.3 months. That's good. But the full year forecast financial stability measure is 15 months because we have more spending coming in this second half of the year. Capital expenditures, we have equipment and software. Capital expenditure included renewal of laptops servers and switches. Full year forecast is expected to be lower than budget due to deferral of equipment purchases and savings from Conference related equipment. And that's it. Any questions, do I take questions now or? >> CHAIR: No. >> YOSHINOBU MATSUZAKI: Thank you very much. >> CHAIR: Thank you, Mats, thank you for the treasurer report. I will leave the questions to the open mic. Let me see for APNIC executive council review, I am Kenny Huang, so here is a list of the entire APNIC Executive Council any friend, including my help, Roopinder is from India and Mats is treasurer. Secretariat and Achie is a EC member. So the function of APNIC EC represents the interests of members in the governance of APNIC and oversight of APNIC activities. So we have activities to report, so we have to oversight of APNIC activities. Consider broad Internet policy issues for APNIC's strategic direction. So every rear we go through strategic plan. We also set a membership fees, so anything regarding to membership fee will be determined by APNIC Executive Council. And endorse policy consensus towards implementation. So policy rich consensus during the policy SIG will be passes through the AMM, then it goes to APNIC EC for endorsement. So APNIC EC meetings are four times a year. Three times EC meetings were held since APNIC 57. And next meeting will be in Brisbane. A joint EC and Foundation board was held on 26 February this year. Three elected leaders' meetings were held this year including face‑to‑face gathering in APNIC 58. Next meeting scheduled for 20 November, 2024. So let's APNIC EC meeting attendance, you can see the full record including the date and the participants. So since we form a subcommittee for recording process, I would like to invite a Chair of subcommittee for reporting the DG recording process, I would like to invite Prah. >> Last year in November Paul had expressed his desire to resign as the DG of Ap nick (Perhar). His resignation was accepted in March this year when we had the meeting in Bangkok. Immediately thereafter the EC decided to set up a DG selection and transition Committee. This Committee started its work in earnest starting March itself. In the month of March, we did some paperwork. We got the advertisement, the job profile ready, issued it out. We got ahold of a firm, John Masters to take care of the complete process. The admins came out in April. During the month of April the firm was able to produce a long list of candidates who met all of the criteria. In the month of May, we carried out the interviews. The selection Committee had decided that by end of June we must have the candidate selected, and announced, informed. So we invited Paul Wilson to be an observer on the Committee. The aim was to get the best possible inputs in selecting the DG, incumbent DG candidate. The full EC selected final candidate after considering subcommittees recommendations. Jia Rong Low appointed in July following due diligence and negotiations. Jia Rong Low will commence his row as the APNIC Director General 1 October 2024. The Committee will monitor the progress and ensure a smooth transition. The EC thanks all of those in the community who participated in the process as well as from staff who are involved in a range of meetings as well as my colleagues from the EC from March on wards, they were constantly on call for various issues concerning this Committee. My thanks to them. >> CHAIR: Thank you, Perhar. The. Next one will be we also conducted APNIC survey every two years for as I mentioned APNIC strategic plan every four years. During every four years we have by annual AP survey to get input from members. So the survey was independent, anonymous. Gathers feedback from members and the community about APNIC performance, priorities and future activities. The interview ‑‑ the consultations go through interviews and focus group. Total we got 1,173 respondents. Results of 2024 survey guides activity planning and survey report presented to Member Meeting at APNIC 58. APNIC policy endorsement. The APNIC EC reviewed and resolved to endorse two policy proposals that reached consensus in 2024. Prop 154 resizing IPv4 assignment for IXPs. Prop 156 assignment of team air IP resources thank you for your active participation and contribution, the credit belong to the whole participants. Finances, as we just introduced the treasury report, so a lot of detail you can see from report. If you want to go to see detail go to APNIC/transparency to look at financial report. Overall membership growth below budget assumptions. As of 31, 10,9080 members, 53 economies, the 2024 full year forecast operating deficit is $1.2 million. Forecast operating deficit on track with approved budget. Full year forecast net deficit audited 137K after gain on investment portfolio of $1.4 million. Activity planning and budget for 2025, all of the planning and budgeting has been brought forward. So final plan will be released by the end of this year. So APNIC Conference, thank you to all who have helped make APNIC 58 a successful event. Here we reach the final day of the event, and APNOG board recently announced that APRICOT 2025, that's APNIC 59 will proceed in Dhaka. New location to be announced in the coming months. APNIC 60, that will be September 2025 will be held in Da Nang Vietnam. Member feedback, as I mentioned, we welcome all kinds of feedbacks, suggestions and questions from the members, stakeholders and others with interest in APNIC. At least we can go through the different channel. APNIC submission through myAPNIC, and contact form on APNIC website. During APNIC Conference you can grab an EC member to discuss anything you want to share so either go to APNIC./EC. That's the entire EC. That's the end of my presentation. Thank you very much. Here we go to the open mic. If you have any questions regarding to APNIC activity, APNIC treasury report or EC report good to the mic. Stand before the standing mic and share your name and affiliation. Thank you very much. Share your name and affiliation. >> My name is Danung Hi. I APNIC fellow from Laos. I have a question regarding APNIC Conference and activity. As the growing success of APNIC Conference and academy and more. How does APNIC plan to further expand and diversify on its platform, youth and other scope or people from other industry, not only from the Internet industry, so what is future plan of APNIC. >> CHAIR: You mean the location of the Conference or any detail? >> AUDIENCE: I mean for the future plan of every activity like Conference, event, everything, yes. >> CHAIR: That's quite a lot of topics. I simply just introduced we running twice a physical meeting for APNIC Conference, one is in September, one in February called APRICOT. So during the year we proceed on regular base, cooperation SIG and operation SIG. So that is for the APNIC Conference and go through Conference we collect feedback from the member and consolidate to see whether we have consensus on particular policy. So that would be the very standard format. Regarding to the decision of the location we have a site selection Committee doing site selection. So we didn't go into the detail over here. You can get information from website or contact APNIC. Thank you very much. Next one. >> AUDIENCE: Hi, I'm Kyle Cottonborg, Reset Data Australia and economy. Two points I'd like to float to the EC and community in general. The NNC and APNIC Board of Directors and Executive Council share the EC term of three years. I would like to propose that we extend the EC term 3 years for the EC Council. There is a lot of policy that takes multiple years to implement and see the effects of, and I think it would be beneficial to fall in line with those other EC/board of Directors. My second point is that I would also like to propose term limits towards the EC so that while these term tenures are longer we have ability to cycle members and give more opportunities to the greater Committee to serve on the EC to help form function. >> CHAIR: Thank you, your comments are well received and will be put into consideration. Thank you. Any other comments? Suggestions? Questions? Please stand before the mic. Okay. Thank you. Jonathan. >> JONATHAN BREWER: New Zealand, APNIC member. At the last meeting I suggested that we have independent Directors appointed to the board and that that might help out with diversity. I don't see any gender diversity on the board right now. I think we need to get there. Thank you. >> CHAIR: Thank you. Your comment definitely is well received and also very good input. We try to figure out how we can do. I think that's a very important issue as well. Actually, we keep receiving similar feedback from the Committee Members and we can discuss it a little bit to see how we can make a change. Thank you very much. So finally, any other question? Hearing none, I would like to invite Brenda to give us the APNIC survey report. Thank you very much. >> BRENDA MAINLAND: Thank you very much, my name is Brenda Mainland, I'm from survey matters, we conduct the survey every two years, we are an independent researcher and we have been working with APNIC since 2016. I'm aware I'm standing between you and a break, so I will try and go quickly. The biennial survey always starts with qualitative research, interviews and focus groups with members and stakeholders of the APNIC community. This year interviews and focus groups were conducted at APRICOT 2024, and we also did some online interviews with stakeholders from economies who weren't able to make it to Bangkok. In total we talked with 48 APNIC members or stakeholders. The quantitative online survey was held in June. We received, as you have seen before, over 1100 responses. Most of the participants were A PNic, members of NIRs in the region and 14% from other stakeholders. In terms of regional responses we had few responses to east Asia down to 13% from 17% in 2022 and slightly more responses from Oceania, but Asia and Southeast Asia responses remained same. We ask about key performance indicators value for money, value of membership, value of services and quality of services, and these ratings remain very high, and have been high for quite a long time. Over 95% of respondents rate the quality of services as above average, good or excellent, and 54 rate this as excellent, which is an extremely positive result. Similar to 2022, 93% also rate the value of the APNIC services very highly with 48 saying that they are excellent, and 91% rate the value of membership positively. In a new statement that we added this year, regarding APNIC's responsiveness to member and community feedback, 92% rated that as above average, good or excellent. There are differences in responses between the different regions this year, quite significant differences. Members in south Asia are significantly more likely to rate APNIC highly on these key performance indicators, however, members in Oceania are less satisfied in this particular survey and ratings had fallen compared to 2022. And while it's not directly linked, there were comments in the verbatim feedback that discussing the treatment of historical resources. Karla made mention of the project in her presentation, so it appears that some members, particularly in Australia and New Zealand were unhappy with some of those changes and I think that that has impacted Oceania's results overall. If we look at governance, again, similar story. When asked how much they agree that APNIC is open and transparent, responsive to changing member needs and respected in the Internet community, agreement remains very high at the overall level, and there has really been little movement in ratings of that performance between 2020 and 2024. I'm sorry, somebody just rang me on Teams. We added two new questions in this survey about the changes to the APNIC bylaws which have been spoken about here today as well. One with testing satisfaction with those changes, and secondly with members and stakeholders, I'm sorry, APNIC members thought that the EC election process had been improved as a result. Again, of those who were, who could provide a rating, they are very satisfied with the changes to the bylaws and believe that there has been improvement in the EC election process as a result. Southeast Asia and South Asia in particular are significantly more likely to provide a positive response. East Asia respondents and respondents from Oceania are more likely to provide a neutral rating from 24% from east Asia and 27% from Oceania provided. This year as well as canvassing as well as stakeholder perceptions of the performance of APNIC, we wanted to test value that was provided outside of APNIC's core activities of registry and resource allocation. We asked and both interviews and online survey for respondents to think about the value that APNIC provides outside of resource allocation, and registry services. As you can see here, over two‑thirds say that building technology and capacity in the region through the APNIC academy is a very valuable benefit to the region, encouraging members to share knowledge through events, collaboration and facilitating networking amongst the community is also valued by 43% of members and the work that APNIC does in helping to improve Internet infrastructure through deployment support is another valuable activity. Working to defend the global Internet registry system is important to 38% of respondents, but members of east Asia and Oceania are significantly more likely to say that this is an important activity outside of resource allocation. And almost 2 in 5 respondents value information and latest research and industry trends. So just an example of a comment that was made in the verbatim APNIC's training, capacity building, and community engagement, including sponsorships, fellowships and other Internet community events is such an important part of the APAC Internet ecosystem. We also asked about participation in the various APNIC community activities, and as you can see here, 15% of all respondents are actively involved in the APNIC community with South Asia and those in less developed economies, again, significantly more likely to be taking part in those activities than their counterparts. Another 40% are aware of the activities and participate occasionally while 24% are aware but don't take any part. Respondents in South Asia again are significantly more likely to actively participate while those in Oceania are least likely to participate. Similarly in less developed economies, 27% of respondents from those economies take an active part in the various APNIC engagement and community activities. When we asked what stopped people from taking more part and probably not a surprise that cost and budget and time are the principle factors, principle reasons people give for being unable to take any part. Around a quarter of respondents say that they didn't know enough about the activities, so perhaps indicating a little bit more promotion and education may encourage more participation. We always ask about the strategic challenges that are facing executives of organisations answering the survey, and then the operational challenges that they face. And overall Internet security remains the biggest challenge. 16% of those in executive roles rank this as the number one issue up from 12% in 2022. And in fact, 2 in 5 said 40% of executives have Internet security risks in their top three challenges. Cost control of hardware, software and network investments is another significant concern for 15% of members and that rises to 41% when looked at in the top three ranked issues that are concerning them. And although compliance with regulatory requirements rose significantly to 14% ranked as number one when we looked at it across the whole three, the top three, it sits where it always has at around 20%. Attracting and retaining suitably qualified technical expertise has fallen, as a primary challenge or a number one ranked challenge, however, still a significant issue for over a quarter of survey respondents. Similarly when we look at the operational challenges, Internet security risks remain the primary concern amongst the survey respondents, and that hasn't changed since 2022. Costs of operations, networks and systems has gone up slightly as a concern and 42% of respondents rank this in their top three challenges and, again, similar to the executives in the strategic challenges, skill shortages are of concern. In light of IPv4 shortages, we are also asking questions in the survey about how members were mitigating, mitigation strategies they were using to combat IPv4 shortages and a majority of members are either deploying NAT or IPv6 are finding more efficient ways to use IPv4 in their networks. 15% have purchased on the transfer market leasing additional address space to combat issues but 15% have enough IPv4 so strategies to manage the shortages are not an issue for 15%. That rises to 33% of survey respondents in Oceania largely driven by Australia and New Zealand who make up two‑thirds of the responses from Oceania. As a result of members in Oceania having enough IPv4 they are not taking any other actions to overcome the issue at all. In contrast, members in east Asia are significantly more likely to say that they lease IPv4 addresses than their other regional counterparts, 27% are leasing addresses and 21% of those in less developed economies have purchased on the transfer market. So with the scarcity of IPv4 and increasing issues for many, IPv6 deployment status was canvassed, so you can see 52% of the community or the survey respondent have deployed IPv6 in their networks and that rises to 64% in East Asia. The drivers of adoption are really to benefit their operations and take advantage of technological capabilities whereas the barriers to adoption are largely survey respondents not seeing the business need to do that right now. Finally, we asked about the training considerations to provide APNIC with a way of understanding what is most important ‑‑ I'm sorry, I keep forgetting to do both. The most important considerations for training, 33% say the relevance of the content is most important to them, but around a quarter also consider the cost of the training and also whether or not that training provides a certification or a qualification. These results are all on the APNIC website at survey.APNIC.net so I encourage you to have a read of that report. It's only 100 pages so you should get through it fairly quickly. If anybody wants to ask questions. >> CHAIR: Thank you. We still have a few minutes. You should be allowed to have one or two questions. If you have any questions regarding to the survey, please go stand before the mic. >> AUDIENCE: Hi, I'm Pajaka from APNIC. I have a question, from the treasury report which is difficult to understand the nature of the deficit whether it's a cash deficit which is very concerning or a book deficit because of depreciation and other non‑cash expenditures. As such, this is my request to the EC to publish a cash statement in line with the Australian accounting standard 107. >> CHAIR: Thank you. Can I have our treasurer respond to the question, I'm sorry, Mats, can you help. >> AUDIENCE: It's Nagin Harvey. The first is it a book deficit or is it a cash flow deficit that's reported in the management accounts. It's a book deficit which includes non‑cash items like depreciation and the like. We do produce a cash flow statement every year in our ordered annual financial statements as part of the order process under Australian accounting standards. That is reported once a year, we do not report it every month in the monthly management accounts. >> CHAIR: Thank you. Any other questions. Hearing none, I would like to adjourn the first session of AMM. Thank you for your participation. We are coming back at 4:30. Thank you very much. (Applause).