Business Wire·Dec 5, 2025, 5:40 PM ET

Emera Renews At-The-Market Equity Program

Emera Incorporated renewed its at-the-market equity program to issue up to C$600,000,000 of common shares from treasury to the public.
Shares will be sold at varying prices at the Company's discretion through the Toronto Stock Exchange, the New York Stock Exchange, or other marketplaces.
The volume & timing of distributions will be determined solely by Emera to provide additional financing flexibility.
Emera entered into an Equity Distribution Agreement dated December 5, 2025, with Canadian agents (BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc.) & U.S. agents (BMO Capital Markets Corp., RBC Capital Markets, LLC, Scotia Capital (USA) Inc.).
The program is effective until January 5, 2029, unless terminated earlier by the Company or per the agreement terms.
Net proceeds from any sales will be used for general corporate purposes.
The Company filed a Prospectus Supplement to its Canadian Shelf Prospectus & a U.S. Prospectus Supplement to its U.S. Base Prospectus on Form F-10 on December 5, 2025.
Documents are available on SEDAR+ & EDGAR, with copies of supplements available upon request from the listed agents.