<div data-id="flexibility-market-rule-1" style="text-align:left"><b>1. Applicability of this <u class='defined-term'>Flexibility Market Rule</u></b></div>

<div data-id="flexibility-market-rule-2-2.1" style="text-align:left"><b>2.1 <u class='defined-term'>Sub-Market</u> definition parameters</b></div>

<div data-id="flexibility-market-rule-2" style="text-align:left"><spacer type="block" align="left" width="52" height="53"><spacer type="block" align="left" width="52" height="53"><b>2. <u class='defined-term'>Sub-Market</u> Definitions</b></spacer></spacer></div>

<div data-id="flexibility-market-rule-3-3.1" style="text-align:left"><b>3.1 Implementation tracking</b></div>

<div data-id="flexibility-market-rule-3-3.2" style="text-align:left"><b>3.2 <u class='defined-term'>Flexibility Market Catalogue</u> data</b></div>

<div data-id="flexibility-market-rule-3-3.3" style="text-align:left"><b>3.3 Effectiveness monitoring</b></div>

<div data-id="flexibility-market-rule-3" style="text-align:left"><b>3. <u class='defined-term'>Market Information</u></b></div>

<div data-id="flexibility-market-rule-4" style="text-align:left"><b>4. Glossary</b></div>

<div data-id="fmr" style="text-align:left"><b>FMR: Sub-market Definitions - Amendment record</b></div>

<div data-id="annex-1" style="text-align:left"><b>Annex 1: Associated meta-data</b></div>

<div data-id="flexibility-market-rule" style="text-align:left"><b><u class='defined-term'>Flexibility Market Rule</u>: <u class='defined-term'>Sub-Market</u> definitions</b></div>

CONTENTS

FMR-SMD - Sub-Market definitions V2.1

Defined Terms

Cross-references