Mr. Dave Bezanson reports

EMERA DECLARES QUARTERLY DIVIDENDS

On April 12, 2024, the board of directors of Emera Inc. declared quarterly dividends on its common shares and first preferred shares, each of which is payable on and after May 15, 2024, to the applicable shareholders of record at the close of business on May 1, 2024, as follows:

1. 71.75 cents per common share;
2. 13.64 cents per Series A first preferred share;
3. 42.42 cents per Series B first preferred share;
4. 40.213 cents per Series C first preferred share;
5. 28.125 per Series E first preferred share;
6. 26.263 cents per Series F first preferred share;
7. 39.525 cents per Series H first preferred share;
8. 26.5625 cents per Series J first preferred share;
9. 28.75 cents per Series L first preferred share.

Emera hereby notifies the shareholders of its common shares and its first preferred shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.

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 more than $7.5-billion. The company primarily invests in regulated electricity generation and 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 in three Caribbean countries. Emera's common shares and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbols EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on the Bahamas International Securities Exchange under the symbol EMAB.