Paragraph 2 Annual calculations
The following are to be calculated for each year from 2023 onwards (“year n”), by 15th July in the following year—
(a)
the Population Exposure Indicator for year n;
(b)
the Reference Indicator for year n;
(c)
Δ for year n;
(d)
the sum of Δ for each of the years beginning with 2019 up to and including year n (“Δsum”);
(e)
the cumulative total of the annual changes to the Population Exposure Indicator from the baseline period up to and including year n, expressed as a percentage of PEIbase, as determined by the calculation—