Ms. Jackie Sheppard reports

EMERA APPOINTS NEW DIRECTOR TO THE BOARD

Emera Inc. has appointed Brian Porter to its board of directors.

"On behalf of the board, I am pleased to welcome Brian Porter to the Emera team," said Jackie Sheppard, chair of Emera. "His experience in banking, capital markets and corporate strategy will be a strong asset to the board, as will his extensive experience leading one of Canada's largest chartered banks through a period of significant growth and expansion."

Having spent the majority of his career with Bank of Nova Scotia, Mr. Porter served in a variety of leadership roles, including president and chief executive officer, positions he held from 2013 until his retirement in January, 2023.

A forward-thinking leader, Mr. Porter is credited with helping Scotiabank grow and expand globally while driving efficiencies and reinforcing superior customer service. During his tenure as CEO, Scotiabank delivered strong results and steady, sustainable growth, with the value of its assets nearly doubling under his leadership.

In addition to being an experienced executive, Mr. Porter has served in the past as a corporate director, including as chair of the University Health Network board of trustees in Toronto, chair of the board of governors of Huron University College at Western University, chair of the Ontario Infrastructure Bank and chair of the Atlantic Salmon Federation (Canada). Currently, he is a director of Fairfax Financial Holdings Ltd.

Mr. Porter received a bachelor of commerce degree from Dalhousie University and was awarded an honorary doctor of laws from Dalhousie University in 2008, and from Ryerson University in 2018. He is a graduate of the advanced management program of Harvard Business School.

About Emera Inc.

Emera is a geographically diverse energy and services company headquartered in Halifax, N.S., with approximately $39-billion in assets and 2023 revenues of $7.6-billion. The company primarily invests in regulated electricity generation as well as electricity and gas transmission and distribution, with a strategic focus on transformation from high-carbon to low-carbon energy sources. Emera has investments in Canada, the United States and three Caribbean countries.