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<DocHeader>
<DocTitle>Pre-auction Report for Short Term Transmission Rights</DocTitle>
<DocRevision>1</DocRevision>
<DocConfidentiality>
<DocConfClass>PUB</DocConfClass>
</DocConfidentiality>
<CreatedAt>2025-11-10T15:06:55</CreatedAt>
</DocHeader>
<DocBody>
<ValidityPeriodStart>2025-12-01</ValidityPeriodStart>
<ValidityPeriodEnd>2025-12-31</ValidityPeriodEnd>
<PublishDate>2025-11-10</PublishDate>
<OfferMessage>The actual number of Transmission Rights available for each path in ST_20251201 is equal to the Maximum Transmission Rights offered for this period (Total TR Available (MW)) less all Transmission Rights awarded in previous 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://www.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 2.2.5 on how the IESO determines TRs for short term auctions.</OfferMessage>
<ReportLineItem>
<PathName>MAN-ON</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>6</FinancialUpperLimit>
<TotalTRAvailable>6</TotalTRAvailable>
<TotalTRSold>5</TotalTRSold>
<TROffered>1</TROffered>
<OutageIds>1-00254393</OutageIds>
<Notes>K21W Outage(s); Operational Constraint* Applied; FUL increased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>MICH-ON</PathName>
<ExpectedATC>1350</ExpectedATC>
<FinancialUpperLimit>507</FinancialUpperLimit>
<TotalTRAvailable>507</TotalTRAvailable>
<TotalTRSold>84</TotalTRSold>
<TROffered>423</TROffered>
<OutageIds/>
<Notes>FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>MIN-ON</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>2</FinancialUpperLimit>
<TotalTRAvailable>2</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>2</TROffered>
<OutageIds/>
<Notes>Operational Constraint* Applied; FUL increased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>NY-ON</PathName>
<ExpectedATC>1300</ExpectedATC>
<FinancialUpperLimit>276</FinancialUpperLimit>
<TotalTRAvailable>276</TotalTRAvailable>
<TotalTRSold>81</TotalTRSold>
<TROffered>195</TROffered>
<OutageIds/>
<Notes>FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MAN</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>3</FinancialUpperLimit>
<TotalTRAvailable>3</TotalTRAvailable>
<TotalTRSold>4</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds>1-00254393</OutageIds>
<Notes>K21W Outage(s); Operational Constraint* Applied; FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MICH</PathName>
<ExpectedATC>1350</ExpectedATC>
<FinancialUpperLimit>1450</FinancialUpperLimit>
<TotalTRAvailable>1350</TotalTRAvailable>
<TotalTRSold>91</TotalTRSold>
<TROffered>1259</TROffered>
<OutageIds/>
<Notes>Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MIN</PathName>
<ExpectedATC>75</ExpectedATC>
<FinancialUpperLimit>3</FinancialUpperLimit>
<TotalTRAvailable>3</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>3</TROffered>
<OutageIds/>
<Notes>Operational Constraint* Applied; FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-NY</PathName>
<ExpectedATC>1700</ExpectedATC>
<FinancialUpperLimit>1700</FinancialUpperLimit>
<TotalTRAvailable>1700</TotalTRAvailable>
<TotalTRSold>106</TotalTRSold>
<TROffered>1594</TROffered>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QD5A</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>68</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>12</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds>1-00295157</OutageIds>
<Notes>D5A Outage(s); FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QH4Z</PathName>
<ExpectedATC>95</ExpectedATC>
<FinancialUpperLimit>95</FinancialUpperLimit>
<TotalTRAvailable>95</TotalTRAvailable>
<TotalTRSold>6</TotalTRSold>
<TROffered>89</TROffered>
<OutageIds/>
<Notes/>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QOUTA</PathName>
<ExpectedATC>615</ExpectedATC>
<FinancialUpperLimit>1230</FinancialUpperLimit>
<TotalTRAvailable>615</TotalTRAvailable>
<TotalTRSold>77</TotalTRSold>
<TROffered>538</TROffered>
<OutageIds/>
<Notes>Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QBEAU-ON</PathName>
<ExpectedATC>100</ExpectedATC>
<FinancialUpperLimit>12</FinancialUpperLimit>
<TotalTRAvailable>12</TotalTRAvailable>
<TotalTRSold>14</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds>1-00295157</OutageIds>
<Notes>D5A Outage(s); FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QD4Z-ON</PathName>
<ExpectedATC>70</ExpectedATC>
<FinancialUpperLimit>1</FinancialUpperLimit>
<TotalTRAvailable>1</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>1</TROffered>
<OutageIds>1-00269581</OutageIds>
<Notes>H24S Outage(s); FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QD5A-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>6</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>7</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds>1-00295157</OutageIds>
<Notes>D5A Outage(s); FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QOUTA-ON</PathName>
<ExpectedATC>615</ExpectedATC>
<FinancialUpperLimit>1230</FinancialUpperLimit>
<TotalTRAvailable>615</TotalTRAvailable>
<TotalTRSold>77</TotalTRSold>
<TROffered>538</TROffered>
<OutageIds/>
<Notes>Operational Constraint* Applied</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QP33C-ON</PathName>
<ExpectedATC>190</ExpectedATC>
<FinancialUpperLimit>290</FinancialUpperLimit>
<TotalTRAvailable>190</TotalTRAvailable>
<TotalTRSold>18</TotalTRSold>
<TROffered>172</TROffered>
<OutageIds>1-00293507</OutageIds>
<Notes>C27P Outage(s)</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QX2Y-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>2</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds>1-00298101</OutageIds>
<Notes>X2Y Outage(s); FUL decreased 4%</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>MANSK-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-MANSK</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QBEAU</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QD4Z</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QH9A</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QP33C</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QQ4C</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>ON-QX2Y</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QH4Z-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QH9A-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<OutageIds/>
<Notes>Financial Upper Limit = 0 MW</Notes>
</ReportLineItem>
<ReportLineItem>
<PathName>QQ4C-ON</PathName>
<ExpectedATC>0</ExpectedATC>
<FinancialUpperLimit>0</FinancialUpperLimit>
<TotalTRAvailable>0</TotalTRAvailable>
<TotalTRSold>0</TotalTRSold>
<TROffered>0</TROffered>
<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 2025/11/12 09:00:00 to 2025/11/13 17:00:00</Round1>
</Rounds>
</DocBody>
</Document>
