Emera Deposit Receipt – Directors have declared a cash dividend of sixty-one point two five (CDN $0.6125) cents per common share to be paid on February 14th, 2020 to Shareholders on record at close of business on January 31st, 2020. Registered holders of depositary receipts (“Depositary Receipts”) issued pursuant to Section 4.1 of the Amended and Restated Deposit Agreement dated February 2nd, 2016 among Emera, the Barbados Central Securities Depository Inc. and registered and beneficial holders of depositary receipts from time to time, are entitled to receive, in proportion to the number of Depositary Receipts held by them, respectively, a distribution in the amount of any cash received by the Barbados Central Securities Depository Inc. (net of any applicable withholding taxes) in connection with the Dividend (the “Distribution”).

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