Ms. Stephanie Amaimo reports

FORTIS INC. ANNOUNCES SECOND QUARTER DIVIDENDS -- 2025

The board of directors of Fortis Inc. has declared the following dividends payable on June 1, 2025, to the shareholders of record of the following shares of the corporation at the close of business on May 16, 2025:

• 30.63 cents per share on the first preference shares, Series F;
• 38.26875 cents per share on the first preference shares, Series G;
• 11.469 cents per share on the first preference shares, Series H;
• 27.8016 cents per share on the first preference shares, Series I;
• 29.69 cents per share on the first preference shares, Series J;
• 34.18125 cents per share on the first preference shares, Series K;
• 34.33125 cents per share on the first preference shares, Series M;
• 61.5 cents per share on the common shares.

The corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.

About Fortis Inc.

Fortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2023 revenue of $12-billion and total assets of $70-billion as at Sept. 30, 2024. The corporation's 9,600 employees serve utility customers in five Canadian provinces, 10 U.S. states and three Caribbean countries.

Fortis's shares are listed on the Toronto Stock Exchange and the New York Stock Exchange and trade under the symbol FTS.