Mr. Dave Bezanson reports

EMERA ANNOUNCES INCREASE IN COMMON DIVIDEND

Emera Inc.'s board of directors has approved an increase in the company's quarterly dividend on its common share to 74 cents per share. The new quarterly dividend represents an annualized dividend of $2.96, a 1-per-cent increase from the previous annual dividend of $2.93 per share.

"This increase marks our 20th consecutive year of dividend growth, underscoring the strength of our business and our commitment to delivering stable, sustainable returns to shareholders," said Scott Balfour, president and chief executive officer of Emera. "The continued growth in our dividend is supported by our forecasted 7- to 8-per-cent rate base growth and 5- to 7-per-cent average adjusted earnings per share growth target through 2030."

Emera continues to prioritize the enhancement of shareholder value through disciplined financial management and a robust growth strategy.

About Emera Inc.

Emera is a leading North American provider of energy services headquartered in Halifax, N.S., 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 2.1 million customers in the United States, Canada and the Caribbean. Its team of 6,800 employees is committed to its 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, and its common shares are listed and trade on the New York Stock Exchange.

We seek Safe Harbor.