Mr. Dave Bezanson reports

EMERA DECLARES QUARTERLY DIVIDENDS

On July 11, 2025, 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 Aug. 15, 2025, to the applicable shareholders of record at the close of business on Aug. 1, 2025, as follows:

• 72.50 cents per common share;
• 13.64 cents per Series A first preferred share;
• 27.89 cents per Series B first preferred share;
• 40.213 cents per Series C first preferred share;
• 28.125 cents per Series E first preferred share;
• 35.931 cents per Series F first preferred share;
• 39.525 cents per Series H first preferred share;
• 26.5625 cents per Series J first preferred share;
• 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 leading North American provider of energy services headquartered in Halifax, N.S., with investments in regulated electric and natural gas utilities and related businesses and assets. The Emera family of companies delivers safe, reliable energy to approximately 2.6 million customers in Canada, the United States and the Caribbean. Emera's team of 7,600 employees is committed to the company's purpose of energizing modern life and delivering a cleaner energy future for all. Emera's common and preferred shares are listed and trade on the Toronto Stock Exchange and its common shares are listed and trade on the New York Stock Exchange.

We seek Safe Harbor.