1. Fishermen’s Forum Maine Permit Bank Program Full Speed Ahead FY2012 I.Welcome & Introductions II.Background III.FY 2011 Update IV.FY 2012 ACE Distribution Proposal V.Panel Members Comments VI.Public Comments & Questions

2. Panel Members Ben Martens –PCS Manager Ed Snell – Fisherman, NCCS Randy Cushman –Fisherman, PCS William Whitmore –NMFS Bert Jongerden –PFEx Manager Geoff Smith –Nature Conservancy

3. What is a ‘Permit Bank’? A Collection of Fishing Permits, Held by an Organization or Individual, for the Purpose of Leasing Out the Fishing Rights/ Privileges Associated with those Permits

4. New England Permit Banks Gloucester Community Preservation Fund –Preserve Landings in Gloucester Cape Cod Fisheries Trust –Future Access, ‘Hook” Fishing, Business Planning Island Institute –Gear Selectivity Research Nature Conservancy –Gear Selectivity Research PERC –Preserving Future Access –Hook Fishing

5. Maine Permit Bank Small-Scale Fishermen = or < 45’ Catch Landed in Maine

6. Request For Proposals Multispecies Permits Evaluation Criteria –GOM Stocks Cod, Hake & Witch Flounder –Scallop –Monkfish Panel

8. FY2011 Assisted 15 Qualified Vessels –Ace Auction on May 19 th @ PFEx –13 PCS & 2 NCCS –Leased out 133,724 lbs. of fish Maine only state to offer assistance to its groundfishing fleet in FY 2011.

11. DRAFT FY2012 ACE Distribution Allocation Equally Divided 29 Qualified Permit Holders Each Get an equal “Share” Cost Recovery up to $50,000 3 Maine Sectors Sustainable Harvest (4) Port Clyde (20) Northeast Coastal Communities (5)

12. DRAFT FY2012 ACE Distribution

13. Next Steps Finalize ACE Distribution for FY2012 FY2012 Specifications TBD April NEFMC Meeting Continue to Seek Flexibility from NMFS on the MOA Close Out Grant & Provide Final Report to NMFS

14. Panel Member Comments Question & Answer Session