<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.Verification-2.1" style="text-align:left"><b>2.1 Verification and settlement process</b></div>

<div data-id="flexibility-market-rule-2.Verification-2.2" style="text-align:left"><b>2.2 Overview of the Verification and Settlement Methodology</b></div>

<div data-id="flexibility-market-rule-2.Verification-2.3" style="text-align:left"><b>2.3 Detailed Methodology</b></div>

<div data-id="flexibility-market-rule-2.Verification-2.4" style="text-align:left"><b>2.4 Required Factors</b></div>

<div data-id="flexibility-market-rule-2.Verification-2.5" style="text-align:left"><b>2.5 Performance Data Feedback</b></div>

<div data-id="flexibility-market-rule-2.Verification" style="text-align:left"><b>2.Verification and Settlement requirements</b></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: Verification &amp; Settlement Methodology - 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>: Verification &amp; Settlement Methodology</b></div>

CONTENTS

FMR-VSM - Verification & Settlement Methodology V2.3

Defined Terms

Cross-references