On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

Whereas the Minister of Energy ("Minister”) is committed to ensuring that Ontario has a reliable, affordable and clean electricity system, while continuing to find further cost efficiencies in the electricity sector;

And whereas it is desirable that the Independent Electricity System Operator ("IESO") assist the Government to ensure that Ontario continues to have a reliable and affordable electricity system;

And whereas the Minister may, with the approval of the Lieutenant Governor in Council, issue directives under subsection 25.32(5) of the Electricity Act, 1998 that require IESO to undertake any initiative or activity that relates to, amongst other matters, electricity supply or capacity.

Now therefore the Directive attached hereto is approved.

Minister's Directive

Ministry of Energy

Approved and Ordered: May 09, 2024