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<DocHeader>
<DocTitle>Pre-auction Report for Long Term Transmission Rights</DocTitle>
<DocRevision>1</DocRevision>
<DocConfidentiality>
<DocConfClass>PUB</DocConfClass>
</DocConfidentiality>
<CreatedAt>2026-09-18T08:58:29</CreatedAt>
</DocHeader>
<DocBody>
<ValidityPeriodStart>2027-01-01</ValidityPeriodStart>
<ValidityPeriodEnd>2027-12-31</ValidityPeriodEnd>
<PublishDate>2026-09-18</PublishDate>
<OfferMessage>The actual number of Transmission Rights available for each path in LT_20270101 is equal to the Maximum Transmission Rights offered for this period (Total TR Available (MW)) less all Transmission Rights awarded in previous&lt;br />auctions covering the same time period (Total TR Already Sold (MW)).&lt;br />&lt;br />Further information regarding Forecast Total Transfer Capability, Financial Upper Limit, and TR offered for this auction can be found in the link   below:&lt;br />&lt;br />https://ieso.ca/-/media/Files/IESO/Document-Library/Renewed-Market-Rules-and-Manuals/market-manuals/market-operations/ieso-mo-transmission-rights-auction.pdf &lt;br />&lt;br />*Refer to Market Manual 0.4.4, Section 2.2.4 on how the IESO determines TRs for long term auctions.</OfferMessage>
<ReportLineItem>
<PathName>MAN-ON</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>9</FinancialUpperLimit>
<BaseQuantity>60</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>9</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds>1-00254393; 1-00299527</OutageIds>
<Notes>K21W Outage(s); Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>MICH-ON</PathName>
<ExpectedATC>1350</ExpectedATC>
<FinancialUpperLimit>323</FinancialUpperLimit>
<BaseQuantity>336</BaseQuantity>
<TotalTRAvailable>71</TotalTRAvailable>
<TotalTRSold>252</TotalTRSold>
<TROfferedRound1>17</TROfferedRound1>
<TROfferedRound2>54</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>MIN-ON</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>3</FinancialUpperLimit>
<BaseQuantity>20</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>NY-ON</PathName>
<ExpectedATC>850</ExpectedATC>
<FinancialUpperLimit>176</FinancialUpperLimit>
<BaseQuantity>312</BaseQuantity>
<TotalTRAvailable>73</TotalTRAvailable>
<TotalTRSold>103</TotalTRSold>
<TROfferedRound1>18</TROfferedRound1>
<TROfferedRound2>55</TROfferedRound2>
<OutageIds>1-00320863</OutageIds>
<Notes>NY NIAGARA 345 KV 3002 Outage(s)</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MAN</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>2</FinancialUpperLimit>
<BaseQuantity>56</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds>1-00254393; 1-00299527</OutageIds>
<Notes>K21W Outage(s); Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MICH</PathName>
<ExpectedATC>1350</ExpectedATC>
<FinancialUpperLimit>1450</FinancialUpperLimit>
<BaseQuantity>364</BaseQuantity>
<TotalTRAvailable>91</TotalTRAvailable>
<TotalTRSold>273</TotalTRSold>
<TROfferedRound1>22</TROfferedRound1>
<TROfferedRound2>69</TROfferedRound2>
<OutageIds/>
<Notes>Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MIN</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>2</FinancialUpperLimit>
<BaseQuantity>32</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-NY</PathName>
<ExpectedATC>1550</ExpectedATC>
<FinancialUpperLimit>1650</FinancialUpperLimit>
<BaseQuantity>412</BaseQuantity>
<TotalTRAvailable>103</TotalTRAvailable>
<TotalTRSold>306</TotalTRSold>
<TROfferedRound1>25</TROfferedRound1>
<TROfferedRound2>78</TROfferedRound2>
<OutageIds>1-00320863</OutageIds>
<Notes>NY NIAGARA 345 KV 3002 Outage(s)</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QD5A</PathName>
<ExpectedATC>190</ExpectedATC>
<FinancialUpperLimit>44</FinancialUpperLimit>
<BaseQuantity>48</BaseQuantity>
<TotalTRAvailable>12</TotalTRAvailable>
<TotalTRSold>31</TotalTRSold>
<TROfferedRound1>3</TROfferedRound1>
<TROfferedRound2>9</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QH4Z</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>95</FinancialUpperLimit>
<BaseQuantity>24</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>18</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QOUTA</PathName>
<ExpectedATC>1230</ExpectedATC>
<FinancialUpperLimit>1230</FinancialUpperLimit>
<BaseQuantity>308</BaseQuantity>
<TotalTRAvailable>77</TotalTRAvailable>
<TotalTRSold>231</TotalTRSold>
<TROfferedRound1>19</TROfferedRound1>
<TROfferedRound2>58</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>QBEAU-ON</PathName>
<ExpectedATC>390</ExpectedATC>
<FinancialUpperLimit>8</FinancialUpperLimit>
<BaseQuantity>96</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>8</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>QD4Z-ON</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>1</FinancialUpperLimit>
<BaseQuantity>20</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>QD5A-ON</PathName>
<ExpectedATC>240</ExpectedATC>
<FinancialUpperLimit>4</FinancialUpperLimit>
<BaseQuantity>60</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>4</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>QOUTA-ON</PathName>
<ExpectedATC>1230</ExpectedATC>
<FinancialUpperLimit>1230</FinancialUpperLimit>
<BaseQuantity>308</BaseQuantity>
<TotalTRAvailable>77</TotalTRAvailable>
<TotalTRSold>231</TotalTRSold>
<TROfferedRound1>19</TROfferedRound1>
<TROfferedRound2>58</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>QP33C-ON</PathName>
<ExpectedATC>290</ExpectedATC>
<FinancialUpperLimit>290</FinancialUpperLimit>
<BaseQuantity>72</BaseQuantity>
<TotalTRAvailable>18</TotalTRAvailable>
<TotalTRSold>54</TotalTRSold>
<TROfferedRound1>4</TROfferedRound1>
<TROfferedRound2>14</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>QX2Y-ON</PathName>
<ExpectedATC>65</ExpectedATC>
<FinancialUpperLimit>1</FinancialUpperLimit>
<BaseQuantity>16</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>MANSK-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MANSK</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QBEAU</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QD4Z</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QH9A</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QP33C</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QQ4C</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QX2Y</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QH4Z-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QH9A-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QQ4C-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<BaseQuantity>0</BaseQuantity>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROfferedRound1>0</TROfferedRound1>
<TROfferedRound2>0</TROfferedRound2>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<Rounds>
<RoundMessage>The window for accepting bids in this auction will be from: </RoundMessage>
<Round1>Round 1 2026/10/19 09:00:00 to 2026/10/20 17:00:00</Round1>
<Round2>Round 2 2026/10/22 09:00:00 to 2026/10/23 17:00:00</Round2>
</Rounds>
</DocBody>
</Document>
