Fortis Inc. Proclaims Closing of Providing of Senior Unsecured Notes

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Not for distribution to U.S. information wire providers or dissemination in america.

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This information launch constitutes a “designated information launch” for the needs of the Company’s prospectus complement dated December 9, 2024 to Fortis’ brief kind base shelf prospectus dated December 9, 2024.

ST. JOHN’S, Newfoundland and Labrador, March 26, 2025 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Company”) (TSX: FTS) introduced at this time that it has closed its providing by non-public placement (the “Providing”), pursuant to the exemptions from the prospectus necessities of relevant Canadian securities legal guidelines, of $600 million combination principal quantity of 4.090% senior unsecured notes due March 26, 2032 (the “Notes”). The Providing was made by way of a syndicate of brokers co-led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and TD Securities Inc. (collectively, the “Joint Bookrunners”) and CIBC World Markets Inc., Scotia Capital Inc., Desjardins Securities Inc., Nationwide Financial institution Monetary Inc., Merrill Lynch Canada Inc., Morgan Stanley Canada Restricted, MUFG Securities (Canada), Ltd., Wells Fargo Securities Canada, Ltd. and Cedar Leaf Capital Inc. (collectively, the “Co-Managers”, and along with the Joint Bookrunners, the “Brokers”).

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The Notes haven’t been and won’t be registered underneath the U.S. Securities Act of 1933, as amended, and might not be supplied or offered in america absent registration or an relevant exemption from the registration necessities. This media launch shall not represent a suggestion to promote or an invite to buy or subscribe for any securities in america or in every other jurisdiction the place such supply is illegal.

About Fortis

Fortis is a well-diversified chief within the North American regulated electrical and fuel utility business with 2024 income of $12 billion and complete property of $73 billion as at December 31, 2024. The Company’s 9,800 workers serve utility prospects in 5 Canadian provinces, ten U.S. states and three Caribbean nations. Fortis’ shares are listed on the Toronto Inventory Trade and commerce underneath the image FTS. Extra info could be accessed at www.fortisinc.com, www.sedarplus.com or www.sec.gov.

Not for distribution to U.S. information wire providers or dissemination in america.

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