Instrument Name Emera Incorporated Instrument ExchangeTSX: Instrument SymbolEMA-T

On July 12, 2021, the Board of Directors of Emera Inc. (TSX: EMA) declared quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after August 16, 2021 to the applicable shareholders of record at the close of business on August 3, 2021, as follows:

Emera Inc.'s (TSX: EMA) latest sustainability report, now available on the company's website, highlights its 2020 progress toward achieving its Climate Commitment - a set of future-focused carbon reductions goals and a vision to achieve net-zero CO2 emissions by 2050.

Emera Incorporated ("Emera" or the "Company") (TSX: EMA) announced today that Emera US Finance LP (the "Issuer"), a limited partnership wholly owned indirectly by Emera, has completed the sale of US$750,000,000 aggregate principal amount of United States dollar denominated senior, unsecured notes (the "U.S. Notes"), fully and unconditionally guaranteed by Emera and Emera US Holdings Inc., ("EUSHI and together with Emera, the "Guarantors") a directly and indirectly wholly-owned subsidiary of Emera. J.P. Morgan Securities LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC acted as joint book-running managers in connection with the U.S. Notes offering BMO Capital Markets Corp., BofA Securities, Inc., CIBC World Markets Corp., TD Securities (USA) LLC, Truist Securities, Inc., Loop Capital Markets LLC and Samuel A. Ramirez & Company, Inc. acted as co-managers. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the U.S. Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The offering of the U.S. Notes and the related guarantees has not been registered under the United States Securities Act of 1933, as amended (the "Securities Act") or any state securities laws and the U.S. Notes and the related guarantees may not be offered or sold in the United States absent a registration under the Securities Act or an applicable exemption from registration requirements. The U.S. Notes are being sold only to "qualified institutional buyers" under Rule 144A of the Securities Act and to non-U.S. persons under Regulation S of the Securities Act. This press release is not an offer of securities for sale in the United States. The U.S. Notes have not been qualified by prospectus for public distribution under the securities laws of any province or territory of Canada. The U.S. Notes are not being, and may not be offered or sold, directly or indirectly, in Canada or to any resident of Canada except under exemptions from prospectus requirements of those securities laws, and either by an appropriately registered dealer or in circumstances where a dealer registration is not required. Until such time as the U.S. Notes are registered, they will be subject to certain restrictions on resale under the Securities Act.