Emera Declares Quarterly Dividends

On October 11, 2024, the Board of Directors of Emera Inc. (TSX: EMA) declared quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after November 15, 2024 to the applicable shareholders of record at the close of business on November 1, 2024, as follows:

1. $0.7250 per common share;
2. $0.1364 per Series A First Preferred Share;
3. $0.4018 per Series B First Preferred Share;
4. $0.40213 per Series C First Preferred Share;
5. $0.28125 per Series E First Preferred Share;
6. $0.26263 per Series F First Preferred Share;
7. $0.39525 per Series H First Preferred Share;
8. $0.265625 per Series J First Preferred Share; and
9. $0.2875 per Series L First Preferred Share.

Emera Inc. 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

Emera (TSX: EMA) is a leading North American provider of energy services headquartered in Halifax, Nova Scotia, 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 2.5 million customers in Canada, the United States and the Caribbean. Our team of 7,300 employees is committed to our 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. Additional information can be accessed at www.emera.com or www.sedarplus.ca.

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Emera Inc. Investor Relations: Dave Bezanson – Vice President, Investor Relations & Pensions 902-474-2126 [e-mail]

Media: 902-222-2683 [e-mail]