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Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors and Say on Pay

GlobeNewswire - Thu May 2, 2:41PM CDT

Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders held today in St. John's, Newfoundland and Labrador. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors and voting on an advisory basis to accept the Corporation's approach to executive compensation.

Election of Directors

Fortis shareholders elected the following 12 individuals to the Fortis board of directors to serve until the next Annual Meeting of Shareholders or until their successors are elected or appointed:

Nominees            Votes For          Votes Withheld
Tracey C. Ball      235,524,929 99.40% 1,432,728 0.60%
Pierre J. Blouin    235,335,421 99.31% 1,623,536 0.69%
Paul J. Bonavia     236,092,048 99.63% 865,135   0.37%
Lawrence T. Borgard 235,468,940 99.37% 1,488,817 0.63%
Maura J. Clark      235,377,365 99.33% 1,581,592 0.67%
Margarita K. Dilley 235,386,290 99.34% 1,572,667 0.66%
Julie A. Dobson     235,505,579 99.39% 1,452,178 0.61%
Ida J. Goodreau     234,886,715 99.13% 2,072,242 0.87%
Douglas J. Haughey  234,756,296 99.07% 2,202,659 0.93%
Barry V. Perry      235,440,177 99.36% 1,517,361 0.64%
Joseph L. Welch     236,443,867 99.78% 515,090   0.22%
Jo Mark Zurel       235,293,624 99.30% 1,665,333 0.70%

Appointment of Auditors

Shareholders of the Corporation approved the appointment of Deloitte LLP as the Corporation's auditors to hold office until the close of the next Annual Meeting of Shareholders.

Votes For          Votes Withheld
244,170,325 99.79% 513,294 0.21%

Say on Pay

Shareholders approved the non-binding advisory vote regarding the Corporation's approach to executive compensation ("Say on Pay") at the Annual Meeting of Shareholders. The Fortis board of directors takes the results of the Say on Pay vote into account when considering future compensation policies, practices and decisions and in determining whether there is a need to increase engagement with shareholders on compensation and related matters.

Votes For          Votes Against
229,397,707 96.81% 7,560,244 3.19%

About Fortis

Fortis is a leader in the North American regulated electric and gas utility industry with 2018 revenue of C$8.4 billion and total assets of approximately C$53 billion as at March 31, 2019. The Corporation's 8,800 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.

Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.

For more information please contact

Investor Enquiries:                Media Enquiries:
Ms. Stephanie Amaimo               Ms. Karen McCarthy
Vice President, Investor Relations Vice President, Communications & Corporate Affairs
Fortis Inc.                        Fortis Inc.
248.946.3572                       709.737.5323
investorrelations@fortisinc.com    media@fortisinc.com

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