Emera (EMA) investor relations material

Opening remarks and agenda

• Meeting opened with acknowledgment of forward-looking statements and Indigenous lands, emphasizing relationship-building with Indigenous communities.

• Virtual format adopted to enhance accessibility and participation, with real-time voting and Q&A options for shareholders.

• Safety culture highlighted as a top priority, with a focus on continuous improvement.

Board and executive committee updates

• Introduction of 2026 director nominees, including new nominee Isabelle Courville, and recognition of outgoing directors Brian Porter and Jackie Sheppard.

• Board focused on governance, strategy, enterprise risk, and capital allocation, with emphasis on cyber and digital resilience.

Financial performance review

• 2025 marked a record financial year with strong operational and financial results, including record earnings and exceeding long-term growth targets.

• Over CAD 3.6 billion in capital deployed in 2025, driving reliability, safety, and customer experience improvements.

• Adjusted net income surpassed CAD 1 billion, with adjusted EPS up 19% year-over-year and total shareholder return at 31.9%.

• 19th consecutive year of dividend growth achieved.