Investor Relations

4-6% average annual dividend growth guidance to 2028

50 years of consecutive dividend increases⁽¹⁾

(1) On September 18, 2023, Fortis declared a quarterly dividend of $0.59 per common share payable on December 1, 2023, marking 50 consecutive years of increases in dividends paid.

WHY INVEST

A strategy of long-term, profitable growth

Fortis Inc. has its origin in the formation of St. John’s Electric Light Company in 1885 in the province now known as Newfoundland and Labrador. Fortis was incorporated in 1987 with just $390 million in assets. Today our diverse affiliated companies include ten affiliated electric and gas operations with $68 billion in assets serving over 3 million customers in Canada, the United States and the Caribbean. Looking ahead, Fortis will continue to expand and diversify while delivering safe, reliable, cost-effective energy service.

A North American leader in the regulated gas and electric utility industry

Serves customers in 18 jurisdictions throughout Canada, the United States and the Caribbean

Investment-grade credit rating now and in the future

Our parent company and all large operating subsidiaries are rated investment-grade

A track record of increasing dividends

50 years of consecutive dividend increases with approximately 6% annual average growth targeted through 2028⁽¹⁾

Multiple opportunities for growth

Fortis will continue to pursue incremental energy infrastructure investments in support of a cleaner energy future

(1) On September 18, 2023, Fortis declared a quarterly dividend of $0.59 per common share payable on December 1, 2023, marking 50 consecutive years of increases in dividends paid.

Regulated, low risk and diversified

ITC	Central Hudson^{(New York)}
UNS Energy^(Arizona)	Eastern Canadian^{(Newfoundland, Ontario, Prince Edward Island)}
FortisBC	Caribbean ^{(Grand Cayman, Belize, Turks & Caicos Islands)}
FortisAlberta	Energy Infrastructure

Assets by Jurisdiction
As at September 30, 2023

Financial and regulatory reports

Investor Contacts

Investor Relations
T: 709.737.2900
investorrelations@fortisinc.com

Media Relations
media@fortisinc.com

Transfer Agent
Computershare Trust Company of Canada
100 University Avenue, 8th Floor
Toronto, ON
M5J 2Y1

T: 514.982.7555
T: 866.586.7638
W: www.investorcentre.com/fortisinc

Auditors
Deloitte LLP
Fortis Place, Suite 1000
5 Springdale Street
St. John’s, NL A1E 0E4

T: 709.576.8480
F: 709.576.8460
W: www.deloitte.com

Get to know the leadership team at Fortis

Meet the members of our executive team and our Board of Directors. Learn more

Committed to preserving our provincial heritage

Fortis contributes $3.25 million to commemorate Newfoundland and Labrador’s First World War Battle of Beaumont-Hamel. Fortis community initiatives

Questions about investing in Fortis

Look here for answers to questions about Fortis shares. Frequently asked questions

Interested in learning more about Fortis?

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CONTACT

Mailing Address
PO Box 8837
St. John’s, NL A1B 3T2

Street Address
Fortis Place, Suite 1100,
5 Springdale Street
St. John’s, NL A1E 0E4

T: 709.737.2800
F: 709.737.5307

Investor Relations
T: 709.737.2900

4-6% average annual dividend growth guidance to 2028

50 years of consecutive dividend increases(1)