Mr. Ken McOnie reports

EMERA APPROVES QUARTERLY DIVIDENDS

On April 3, 2020, the board of directors of Emera Inc. approved quarterly dividends on its common shares and first preferred shares, each of which is payable on and after May 15, 2020, to the applicable shareholders of record at the close of business on May 1, 2020, as follows:

1. 6.125 cents per common share;
2. 1.597 cents per Series A first preferred share;
3. 2.15 cents per Series B first preferred share;
4. 2.9506 cents per Series C first preferred share;
5. 2.8125 cents per Series E first preferred share;
6. 2.6263 cents per Series F first preferred share;
7. 3.0625 cents per Series H 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 $32-billion in assets and 2019 revenues of more than $6.1-billion.