Open Meeting

L Martin

9:30 a.m.

1

Antitrust Admonition

V Spells

9:30 - 9:35 a.m.

2

Opening Comments

L Martin

9:35 - 9:45 a.m.

3

Presentation of Current Credit Conditions

L Martin/V Spells

9:45 - 10:15 a.m.

4

Open Discussion:

Review  Day Ahead Market (DAM) Collateral Parameters Process (including)

• Price Percentile
• eFactors
• RT-DA spread (currently 90%)
• PTP Obligation discount (currently 80%)

10:15 - 12:00 p.m.

Lunch

12:00 - 1:00 p.m.

5

Continue Discussion:

Review  Day Ahead Market (DAM) Collateral Parameters Process (including)

• Price Percentile
• eFactors
• RT-DA spread (currently 90%)
• PTP Obligation discount (currently 80%)

1:00 - 4:30  p.m.

Adjourn Meeting

L Martin

4:30 p.m.