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This filing represents the Annual Report for Hydro One Limited (Ticker: HRNNF) for the fiscal year ended December 31, 2025, submitted to the U.S. Securities and Exchange Commission (SEC) on February 13, 2026. As a foreign private issuer organized under the laws of Canada, Hydro One Limited utilizes Form 40-F to satisfy its annual reporting obligations under the U.S. Securities Exchange Act of 1934. The filing serves as a comprehensive disclosure vehicle, incorporating by reference critical information from the company's Canadian continuous disclosure documents filed with the Ontario Securities Commission. These documents typically include the Annual Information Form (AIF), Audited Annual Financial Statements, and Management's Discussion and Analysis (MD&A). The Form 40-F registration statement provides U.S. investors with access to the same material information available to Canadian investors, ensuring transparency regarding the company's operations as Ontario's largest electricity transmission and distribution provider. The filing confirms the company's continued listing eligibility and adherence to cross-border regulatory requirements. It highlights the company's financial performance, operational milestones, and regulatory landscape for the 2025 fiscal year. Investors should view this filing as a key resource for understanding Hydro One's strategic direction, capital allocation, and risk management strategies within the evolving North American energy sector.