<SEC-DOCUMENT>0001193125-20-108031.txt : 20200415
<SEC-HEADER>0001193125-20-108031.hdr.sgml : 20200415
<ACCEPTANCE-DATETIME>20200415152011
ACCESSION NUMBER:		0001193125-20-108031
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		24
CONFORMED PERIOD OF REPORT:	20200415
FILED AS OF DATE:		20200415
DATE AS OF CHANGE:		20200415

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EMERA INC
		CENTRAL INDEX KEY:			0001127248
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				868143132
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-54516
		FILM NUMBER:		20793545

	BUSINESS ADDRESS:	
		STREET 1:		1223 LOWER WATER ST., B-6TH FLOOR
		STREET 2:		P.O. BOX 910
		CITY:			HALIFAX
		STATE:			A5
		ZIP:			B3J 3S8
		BUSINESS PHONE:		902-428-6494

	MAIL ADDRESS:	
		STREET 1:		1223 LOWER WATER ST., B-6TH FLOOR
		STREET 2:		P.O. BOX 910
		CITY:			HALIFAX
		STATE:			A5
		ZIP:			B3J 3S8
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d853797d6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML><HEAD>
<TITLE>6-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES
AND EXCHANGE COMMISSION </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM
<FONT STYLE="white-space:nowrap">6-K</FONT> </B></P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>REPORT OF FOREIGN PRIVATE ISSUER </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO RULE <FONT STYLE="white-space:nowrap">13a-16</FONT> OR <FONT STYLE="white-space:nowrap">15d-16</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>For the month of April, 2020 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission File Number: <FONT STYLE="white-space:nowrap">000-54516</FONT> </B></P>
<P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>Emera Incorporated </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>5151 Terminal Road </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Halifax NS B3J 1A1 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Canada </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of
principal executive offices) </B></P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant files or will file annual reports under cover of Form <FONT STYLE="white-space:nowrap">20-F</FONT> or Form <FONT
STYLE="white-space:nowrap">40-F.</FONT> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Form
<FONT STYLE="white-space:nowrap">20-F&nbsp;&nbsp;&#9744;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form</FONT> <FONT STYLE="white-space:nowrap">40-F&nbsp;&nbsp;&#9745;</FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the Form <FONT STYLE="white-space:nowrap">6-K</FONT> in paper as permitted by Regulation <FONT
STYLE="white-space:nowrap">S-T</FONT> Rule 101(b)(1):&nbsp;&nbsp;&#9744; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the Form <FONT
STYLE="white-space:nowrap">6-K</FONT> in paper as permitted by Regulation <FONT STYLE="white-space:nowrap">S-T</FONT> Rule 101(b)(7):&nbsp;&nbsp;&#9744; </P> <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized. </P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="43%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom"></TD>
<TD WIDTH="8%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="42%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"><B>EMERA INCORPORATED</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: April&nbsp;15, 2020</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Stephen D. Aftanas</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Stephen D. Aftanas</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: Corporate Secretary</TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT INDEX </B></P>
<P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD WIDTH="91%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Exhibit&nbsp;No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Emera 2019 Annual Report</TD></TR>
</TABLE>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d853797dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g853797page004.jpg" ALT="LOGO">
 </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g853797page005.jpg" ALT="LOGO">
 </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:30pt" ALIGN="center">


<TR>

<TD WIDTH="29%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="70%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:14pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>Why</B></FONT></P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>Invest</B></FONT></P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>in&nbsp;Emera&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="2">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-right:5.50em; line-height:20.5pt; font-size:14pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>For&nbsp;over&nbsp;a&nbsp;decade,&nbsp;Emera&nbsp;has&nbsp;been&nbsp;focused<BR>on&nbsp;safely&nbsp;
delivering&nbsp;cleaner,&nbsp;affordable&nbsp;and<BR>reliable&nbsp;energy,&nbsp;while&nbsp;ensuring&nbsp;we&nbsp;maintain<BR>affordability&nbsp;for&nbsp;customers&nbsp;and&nbsp;deliver<BR>long-term&nbsp;value&nbsp;to&nbsp;
shareholders.</B></FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#ffdd00"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:30pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g853797dsp06.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#034592">All data is as of December&nbsp;31, 2019, unless otherwise indicated. </FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>SUPERIOR SHAREHOLDER RETURNS </B></FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>~13<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">total shareholder return</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">over the last five years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Representation in the</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">TSX Composite, TSX Capped</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Utilities, TSX60 and select MSCI</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">and FTSE World indexes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>20 <FONT STYLE="font-size:15pt" COLOR="#034592">years</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">of outperforming the TSX Composite</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">and Capped Utilities indexes</P></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #77787b">&nbsp;</P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>REGULATED PORTFOLIO </B></FONT></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>95<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">of earnings derived from</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">regulated investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>55<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">of rate base located in Florida</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>65<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">of earnings from US operations</P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #77787b">&nbsp;</P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>GROWING AND SUSTAINABLE DIVIDEND </B></FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>4-5<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">dividend growth target</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">through 2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>10<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">growth in dividend per share</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">over the last five years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>4.5<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">dividend yield</P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #77787b">&nbsp;</P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>VISIBLE GROWTH PLAN* </B></FONT></P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B><SUP STYLE="font-size:85%; vertical-align:top">$</SUP>7.5<FONT STYLE="font-size:15pt" COLOR="#034592">B+</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">capital investment plan to drive</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">rate base growth through 2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>8<FONT STYLE="font-size:15pt" COLOR="#034592">%+</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">rate base growth through 2022,</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">driven by Florida investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>70<FONT STYLE="font-size:15pt" COLOR="#034592">%</FONT></B></FONT></P>
<P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">of capital program to be</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">invested in Florida</P></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #77787b">&nbsp;</P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#034592">* As of February 2020. </FONT></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>1</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:30pt" ALIGN="center">


<TR>

<TD WIDTH="24%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="75%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:14pt">
<TD VALIGN="top"> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>Emera</B></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>at a</B></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>Glance&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="2"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-right:5.50em; line-height:20.5pt; font-size:14pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>From our origins as a single electric utility in Nova Scotia, Emera has
grown into an energy leader serving 2.5&nbsp;million customers in Canada, the US and the Caribbean. Our companies include electric and natural gas utilities, natural gas pipelines, and energy marketing and trading.</B></FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#ffdd00"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:100pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g853797dsp07.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:40pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9.5pt" ALIGN="center">


<TR>

<TD WIDTH="29%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="34%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="2%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"><FONT COLOR="#0095da"><B>TAMPA ELECTRIC</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0095da"><B>EMERA MAINE*</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0095da">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0095da"><B>EMERA NEW BRUNSWICK</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">Vertically integrated electric</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">utility serving 780,000
customers</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9.5pt; font-family:ARIAL">in West Central Florida.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Transmission and distribution electric utility serving 159,000 customers in northern and eastern Maine.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Owns and operates the Brunswick Pipeline, a 145-kilometre natural gas pipeline in New Brunswick.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"><FONT COLOR="#0095da"><B>PEOPLES GAS</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0095da"><B>EMERA CARIBBEAN</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0095da"><B>EMERA TECHNOLOGIES</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">Natural gas utility serving</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">406,000 customers in Florida.
<B></B></P> <P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>NOVA SCOTIA POWER</B></FONT></P>
<P STYLE="font-size:4pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">Vertically integrated electric</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">utility serving 523,000 customers</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">in Nova Scotia. <B></B></P>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>NEW MEXICO GAS</B></FONT></P>
<P STYLE="font-size:4pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">Natural gas utility serving</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">534,000 customers in</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9.5pt; font-family:ARIAL">New Mexico.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">Vertically integrated electric utilities serving 184,000 customers on the islands of Barbados, Grand Bahama, St. Lucia and Dominica. <B></B></P>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>EMERA ENERGY</B></FONT></P>
<P STYLE="font-size:4pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9.5pt; font-family:ARIAL">Energy marketing and trading, asset management and optimization in Canada and the US.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL">A technology company focused on finding new, innovative ways to deliver renewable and resilient energy to customers.</P>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>EMERA NEWFOUNDLAND</B> <B>&amp; LABRADOR</B></FONT></P>
<P STYLE="font-size:4pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9.5pt; font-family:ARIAL">Owns and operates the Maritime Link and manages Emera&#146;s investments in associated
projects.</P></TD></TR>
</TABLE> <P STYLE="margin-top:40pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#034592">* The sale of Emera Maine to ENMAX Corporation closed in March 2020. </FONT></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>2</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g853797page008.jpg" ALT="LOGO">
 </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g853797page009.jpg" ALT="LOGO">
 </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>2019 Operational </B></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:30pt; font-family:ARIAL"><FONT COLOR="#034592"><B>and ESG Highlights </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT
STYLE="font-family:ARIAL; font-size:9pt" COLOR="#ffdd00"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT><FONT
STYLE="font-family:ARIAL"> </FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#034592">Information is as of December&nbsp;31, 2019, unless otherwise stated. </FONT></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g853797dsp010.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"><FONT COLOR="#0095da"><B>OPERATIONAL</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:30pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>1,107</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">MW</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>535,000</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>5.8</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">M</FONT></B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">installed renewable capacity</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0033a1">Up from 832MW in 2018</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">smart meters installed across</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">electric utilities</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0033a1">Of a planned 1.4M</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">solar panels installed at Tampa Electric</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">since 2016 (as of April 1,
2020)</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0033a1">Investing in an additional 6M panels</FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0033a1">by end of 2023</FONT></P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:5pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"><FONT COLOR="#0095da"><B>ENVIRONMENTAL</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:30pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>35</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">%</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>60</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">%</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>18</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">%</FONT></B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">reduction in GHG emissions</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">from 2005*</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0033a1">Up from 24% in 2018</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">of our 2020&#150;2022 capital plan</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">is focused on investments</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">in cleaner energy</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">of NSP&#146;s energy comes from wind &#150;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">one of the highest
integrations</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">of wind in North America</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:5pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"><FONT COLOR="#0095da"><B>COMMUNITY</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:30pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B><SUP STYLE="font-size:85%; vertical-align:top">$</SUP></B><B>13.4</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">M</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>42,800 <FONT STYLE="font-size:15pt" COLOR="#0033a1">hours</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B><SUP STYLE="font-size:85%; vertical-align:top">$</SUP></B><B>470,000</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">invested in our communities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">volunteered by Emera employees</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">raised by Emera employees for</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">in our communities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">charitable organizations throughout</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">our communities</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1">A 10% increase from 2018</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:5pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"><FONT COLOR="#0095da"><B>SAFETY AND EMPLOYEES</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:15pt">
<TD VALIGN="top"><FONT STYLE="font-size:30pt" COLOR="#0033a1"><B>1,108</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:30pt" COLOR="#0033a1"><B>18</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">%</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT COLOR="#0033a1"><B>Top 100</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:15pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">proactive safety reports</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">for every 100 employees</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#0033a1">Up 30% from 2018</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">reduction in OSHA injury rate</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#0033a1">Down to 1.08 from 1.29 in 2018</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:15pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>Employer</B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">in Canada for 2nd
consecutive year</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:5pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"><FONT COLOR="#0095da"><B>GOVERNANCE</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:30pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>36</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">%</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>97.4</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">%</FONT></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>38</B><B><FONT STYLE="font-size:15pt" COLOR="#0033a1">%</FONT></B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">of Director Nominees for 2020 AGM</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">of shareholders voted in favour of</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">of executives at Emera Inc.</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">are women, including the Chair</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Emera&#146;s compensation practices in 2019</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">are women</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&#147;Say on Pay&#148; advisory vote</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1">34% of executives across the</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7.5pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #77787b">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #77787b"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL"><FONT COLOR="#0033a1">Emera group of companies are women</FONT></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"><FONT STYLE="font-size:7.5pt" COLOR="#0033a1">* Undergoing third-party verification.</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>5</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797dsp011.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:16pt" COLOR="#0095da"><B>On behalf of Emera&#146;s Board of Directors, I am proud of the progress the Emera team made last year in advancing our strategy, strengthening the balance sheet and taking
important steps for future growth.</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Board of Directors remains focused on overseeing corporate strategy development and worked closely with the leadership team last year to further
position Emera for continued success in a rapidly changing energy industry. We believe that good corporate governance is critical, and the Board is committed to continuing to support Emera&#146;s evolving business through ensuring strong governance
practices across the business.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2019, Emera significantly advanced its strategy of safely
delivering cleaner, affordable and reliable energy to customers through large investments in renewable energy and infrastructure improvements to further reduce greenhouse gas (GHG) emissions. The team is also taking important actions to increase
reliability for customers.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">In 2019, Emera successfully executed its strategic asset sale
program to optimize the company&#146;s portfolio. The</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">capital from these asset sales is being used to repay debt and to finance the growth in the strongest and highest performing businesses.</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As always, we remain focused on delivering shareholder value over the long term. In 2019, the
timing of asset sales, the impact of Hurricane Dorian and unfavourable weather conditions for Emera Energy&#146;s marketing and trading business all contributed to lower earnings. Despite these factors, Emera&#146;s core utilities performed well and
are successfully repositioned to continue to deliver strong growth.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">Emera&#146;s environmental,
social and governance (ESG) practices are central to our strategy, culture and overall approach to business. The Board is committed to ensuring transparency and overseeing the risks and opportunities around the material ESG factors that drive
long-term value for the company. We understand that investors are</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">increasingly evaluating the progress the company is making on advancing our environmental commitments, social values and strong corporate
governance.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">We are proud of the contributions we are making to a cleaner energy future,
including achieving a 35&nbsp;per cent reduction in GHG emissions from 2005 levels across Emera in 2019. We have continued our commitment to strong representation of women on our Board and in our businesses. Honouring our commitment to a target of
30&nbsp;per cent women on our Board, 36&nbsp;per cent of the Director Nominees for election at our 2020 Annual Meeting of Shareholders are women. Emera&#146;s commitment to the communities where we operate is evident in last year&#146;s community
investment of over $13&nbsp;million. All of our success is driven by our teams, and once again Emera was named one of Canada&#146;s Top 100 Employers in 2019.</P></TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>6</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE></DIV>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797dsp12c2.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:33%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s 2019 Sustainability Report will be published later this year. Previous reports are available at
<U>https://www.</U> <U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">emera.com/about-us/our-approach/</FONT></FONT></U><U> </U><U>sustainability</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Board of Directors is pleased with the progress the company is making on safety. Emera continues to build a strong safety culture with robust safety management
systems, policies and demonstrated safety leadership across the business. The team&#146;s commitment to safety was evident during the company&#146;s response to Hurricane Dorian, which caused tremendous damage on the island of Grand Bahama and in
Nova Scotia. On behalf of the Board, thank you to all employees who remained dedicated to safety while working quickly to restore power to customers. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">I would like to
acknowledge long-time Director Don Pether, who is stepping down this year. Don joined the Emera Board in 2008, bringing with him extensive expertise in international business and a strong commitment to exemplary corporate governance. Don has served
on many committees of the Board over the years and his contributions have been countless. On behalf of the entire Board, we wish Don all the best.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:64%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797page012a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#0033a1">These Nova Scotia Power employees represent a growing number of women across </FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#0033a1">Emera working in what were once considered <FONT STYLE="white-space:nowrap">non-traditional</FONT> roles. </FONT></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Finally, I would like to thank my Board colleagues for their ongoing commitment to Emera&#146;s long-term success. I also
thank Scott and the entire team across the business for the important progress made in advancing the strategy, the very strong execution on key projects and the solid results for the year.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">To our valued shareholders, thank you for your continued confidence in Emera. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797page012b.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Jackie Sheppard </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chair, Emera Inc. Board of
Directors </P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
</div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>7</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797dsp013.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:16pt" COLOR="#0095da"><B>Last year was an important year for our business as we continued to advance our strategy of safely delivering cleaner, affordable and reliable energy to our
customers.</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We also took a number of important steps that repositioned Emera for stronger future growth.</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Over the past year, we reviewed our portfolio of companies and redeployed capital to finance the
growth in some of our strongest and highest performing businesses. The team successfully executed the sale of the New England Gas plants, the Bayside Generating Plant in New Brunswick and Emera Maine.</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">Today, we have what I believe to be one of the best portfolios of utility companies in North
America. We are now more than 95&nbsp;per cent regulated, providing a higher quality and more predictable earnings profile. Today, almost 60&nbsp;per cent of our business is in Florida, and this is expected to grow as approximately 70&nbsp;per cent
of our forecasted capital spending is also in Florida. Our utility operations and assets in Atlantic Canada and Florida now represent 85&nbsp;per cent of Emera. Our four largest utility investments &#150; Tampa Electric, Peoples Gas, Nova Scotia
Power and New Mexico Gas &#150; represent 90&nbsp;per cent of Emera&#146;s business today. These businesses have been driving Emera&#146;s growth for the last few years and they are the key contributors to our</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">forecasted 8.2&nbsp;per cent rate base growth profile over the 2020&#150;2022 period. We also have a stronger balance sheet and a tested strategy that
is as relevant, effective and durable today as it has ever been.</P> <P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>FINANCIAL PERFORMANCE</B></FONT></P> <P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Overall, we are in a stronger financial position based on the actions we took last year. While our earnings in 2019 were lower than the year before, that was not
unexpected. Our 2019 adjusted earnings per share (EPS) was $2.59, down from 2018. Adjusted net income was $621&nbsp;million compared with $671&nbsp;million in 2018.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We anticipated this reduction, largely because of the timing of the sale of our gas plants in the first quarter of 2019. This resulted in our gas plants contributing
$43&nbsp;million less in earnings in 2019 as compared to 2018. In addition, 2018 earnings included a <FONT STYLE="white-space:nowrap">one-time</FONT> benefit related to the change in Florida state tax apportionment factors of $23&nbsp;million.</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">Our results for the year were also affected by two unexpected factors: the impacts of Hurricane
Dorian and the unfavourable weather conditions experienced by Emera Energy&#146;s marketing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and trading business. These impacts were essentially offset by strong performance within our continuing utilities, which delivered strong year-over-year
adjusted earnings growth of 10&nbsp;per cent.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Our focus on delivering value for our customers
enables us to achieve growth in earnings per share and cash flow per share, which supports our dividend growth and our ultimate goal of strong returns to our shareholders. Over the last five years, Emera has delivered 13&nbsp;per cent total
shareholder return, consistently outperforming the TSX Composite and the TSX Capped Utilities indexes.</P> <P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>STRATEGY IN ACTION</B></FONT></P> <P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The trends of decarbonization, decentralization and digitalization are driving unprecedented change in the energy industry. While some see these as potentially disruptive
forces, at Emera we see them as opportunities.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL">We have been strategically focused on safely
delivering cleaner, affordable and reliable energy to customers for over a decade. Our investments in cleaner energy generation, in transmission to deliver that cleaner energy and in reliability improvements have been driving our growth for many
years. These</P></TD></TR>
</TABLE></DIV> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>8</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE></DIV>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797dsp14a.jpg" ALT="LOGO">
 </P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:33%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">continue to be the primary drivers of our growth today and for the foreseeable future. Decarbonization and reliability
investments represent approximately 60&nbsp;per cent of our $7.5&nbsp;billion capital investment profile over the 2020&#150;2022 period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Energy companies have an
important role to play as we all strive toward a cleaner energy future. Decarbonization of our economies and communities depends upon our ability to decarbonize the energy that powers them. As we know, the transition from high-carbon to <FONT
STYLE="white-space:nowrap">low-carbon</FONT> energy requires significant investment. We are making those investments and they are driving our growth. However, the pace and approach to these transition investments must be thoughtful to ensure energy
remains both reliable and affordable for customers, today and into the future. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has proven its ability to drive the transition to cleaner energy in a way and at
a pace that does not compromise affordability or system reliability. For example, Nova Scotia Power has delivered the fastest transition to cleaner energy in Canada and is on track for 40&nbsp;per cent of its energy to be from renewable sources by
2021 and for nearly 60&nbsp;per cent to be <FONT STYLE="white-space:nowrap">non-emitting.</FONT> NSP&#146;s 18&nbsp;per cent integration of wind generation is among the highest in North America, and it has already achieved reductions in CO<SUB
STYLE="font-size:85%; vertical-align:bottom">2</SUB> levels that exceed the targets set by Canada in the COP21 Paris accord. In fact, the team is on track to
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:64%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797page014.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#0033a1">An aerial view of Lithia Solar in Tampa, Florida, where Khatadin sheep are grazing </FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><FONT COLOR="#0033a1">in the fields to keep the grass short. </FONT></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">more than double the reduction target well before the COP21 timeline of 2030. At the same time, during this transition,
NSP&#146;s <FONT STYLE="white-space:nowrap">non-fuel</FONT> rates have not increased since 2014. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Florida, over the three years since we acquired TECO, Tampa
Electric&#146;s generation mix has increased from virtually no solar generation, to approximately 594 MW today, representing approximately 5.8&nbsp;million solar panels. This is the highest proportion of solar generation of any utility in the state
of Florida. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric is also retiring coal plants and converting coal units to cleaner, higher efficiency natural gas generation. The $850&nbsp;million USD Big
Bend Modernization project will not only improve the efficiency and </P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">further reduce the emission profile of this important generation facility, it will also enable and support additional
intermittent solar generation. Together, these investments will deliver a 36&nbsp;per cent reduction in CO<SUB STYLE="font-size:85%; vertical-align:bottom">2</SUB> emissions at Tampa Electric. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Plans at Tampa Electric now include an additional investment of $800&nbsp;million USD to build another 600 MW of solar energy by the end of 2023. During this period of
significant investment in cleaner, more reliable energy, Tampa Electric customers&#146; bills have continued to be among the lowest in the state and roughly 22&nbsp;per cent below the national average, remaining relatively unchanged since 2013. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All of these investments are part of our $7.5&nbsp;billion capital investment plan
</P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
</div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>9</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
<DIV STYLE="position:relative;float:left; width:31%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">over the 2020&#150;2022 period, which is driving a highly competitive estimated compound annual growth rate in our rate
base of approximately 8.2&nbsp;per cent. This growth in rate base will drive a growth in earnings and cash flow, and will also support the continued growth of our dividend. These are all important drivers in our goal to deliver growth over time in
shareholder value. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">While decarbonization and reliability investments represent the largest part of our capital investment profile today, we are also making
investments to prepare for a more decentralized and digital future: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="11" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">As of <FONT STYLE="white-space:nowrap">mid-February</FONT> 2020, we&#146;ve installed 620,000 smart meters across our electric utilities. This technology enables us to provide better information to our customers about
their energy use and about process and cost efficiencies that will help ensure affordability for customers. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="11" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">In partnership with NB Power, NSP launched a collaborative Smart Grid Innovation Project to look at the evolving system integration of solar generation, battery storage, electric vehicle smart charging and smart
thermostat technologies. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="11" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">We launched the state of Florida&#146;s first shared solar program. Sun Select gives Tampa Electric customers the ability to choose to receive some, or all, of their electricity from the sun, without the need to invest
in or install solar panels, or to sign a contract. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="11" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Through Emera Technologies, we have developed a <FONT STYLE="white-space:nowrap">DC-based</FONT> microgrid system that combines rooftop and community solar generation, with residential and community battery storage.
This technology enables the efficient sharing of energy within neighbourhoods that is safer and more reliable than other solutions. The system has now been successfully piloted in partnership with Sandia National Labs at a US Airforce Base. We are
now looking to build a commercial path for this &#147;Block
</TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:32%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="11" VALIGN="top" ALIGN="left" COLOR="#000000">&nbsp;</TD>
<TD WIDTH="1">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">
Energy&#148; solution, with plans to test this technology, in partnership with utility companies, within residential subdivisions over the next year. </P></TD></TR></TABLE>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>HURRICANE DORIAN </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">It is hard to discuss 2019
without mentioning Hurricane Dorian. Even in the face of tremendous personal loss, the team at Grand Bahama Power moved quickly and safely to restore power to customers on the island. Today, all customers that can safely receive power have been
reconnected. In Nova Scotia, Dorian knocked out power to more than 400,000 customers, with additional outages in the days that followed. With the largest contingent of crews and storm response personnel in NSP&#146;s history, service was restored to
more than 65&nbsp;per cent of affected customers within just 48 hours. This type of dedication reflects the commitment of our team to continually deliver for our customers. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As
you can see above, ESG is central to our strategy. We understand that investors and stakeholders are increasingly looking for information on our progress in these important areas. We are continually working to further integrate strong ESG practices
into our overall corporate strategy, risk management, and financial and operational performance. We are also committed to improving our disclosure on material ESG factors that can impact financial performance. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Through our community investment program, we strive to help build stronger, safer and more innovative communities. In 2019, we contributed approximately
$13.4&nbsp;million to charitable and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">not-for-profit</FONT></FONT> organizations across the communities in which we operate. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We continue to focus on our efforts to be an employer of choice, attracting and retaining the very best people. I am proud of the team at Emera, and proud of the
recognition of being named one </P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:31%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">of Canada&#146;s Top 100 Employers for the second consecutive year. We are also committed to ensuring a diverse and
inclusive workplace. Today, 38&nbsp;per cent of executive officers at Emera Inc. are women, while across the entire company, 34&nbsp;per cent of the executive team are women. While we are making progress, we know we have more to do. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Our full 2019 Sustainability Report will be released later this year. Previous reports are available at <U>https://www.</U> <U><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">emera.com/about-us/our-approach/</FONT></FONT></U><U> </U><U>sustainability</U>. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>SAFETY </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Keeping each other and our communities safe is the most important thing we do at Emera. It&#146;s more important than any other business interest. I&#146;m pleased with
the team&#146;s continued commitment to safety and the progress we are making toward world-class safety. In 2019, our Occupational Safety and Health Association (OSHA) incident rate was the lowest we&#146;ve seen in years, and our Proactive Incident
Reporting rate increased by 30&nbsp;per cent from 2018. This tells us safety engagement and the recognition of hazards are growing. But this remains a critical focus area as we strive for an Emera where no one gets hurt. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We accomplished a lot in 2019. I believe that Emera has never been stronger or better positioned for growth. Our Board of Directors has provided invaluable guidance and
insight during this important time for the company. I thank our Chair, Jackie Sheppard, and the entire Board for their continued support. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Finally, thank you to our
team. Our progress would not be possible without you and your unwavering dedication to safely delivering for customers, our communities and each other. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797page015.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Scott Balfour </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and Chief Executive
Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>10</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FINANCIAL REVIEW </B></FONT></P>
<P STYLE="font-size:72pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="73%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:10pt">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="93%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Forward-looking Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Introduction and Strategic Overview</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-GAAP Financial Measures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>16</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated Financial Review</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Significant Items Affecting Earnings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated Financial Highlights by Business Segment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated Income Statement Highlights</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Business Overview and Outlook</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Florida Electric Utility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>24</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Canadian Electric Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>24</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other Electric Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>26</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gas Utilities and Infrastructure</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>29</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated Balance Sheet Highlights</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>30</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Developments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding Common Stock Data</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial Highlights</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Florida Electric Utility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Canadian Electric Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other Electric Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gas Utilities and Infrastructure</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>42</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE></DIV> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:10pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="91%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liquidity and Capital Resources</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated Cash Flow Highlights</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Working Capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>49</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Contractual Obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>50</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Forecasted Gross Consolidated Capital Expenditures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Debt Management</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit Ratings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>52</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Share Capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>53</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Pension Funding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>53</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Off-Balance Sheet Arrangements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>53</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Dividend Payout Ratio</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Transactions with Related Parties</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Enterprise Risk and Risk Management</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>55</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Risk Management including Financial Instruments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>63</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Disclosure and Internal Controls</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>65</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Critical Accounting Estimates</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>66</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Changes in Accounting Policies and Practices</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>70</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Future Accounting Pronouncements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>71</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Summary of Quarterly Results</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>72</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Management Report</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Independent Auditor&#146;s Report</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>74</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Report of Independent Registered Public Accounting Firm</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated Financial Statements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>77</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Notes to the Consolidated Financial Statements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>83</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Emera Leadership and Board</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>153</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Shareholder Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>11</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>MANAGEMENT&#146;S DISCUSSION&nbsp;&amp; ANALYSIS </B></FONT></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As at February&nbsp;14, 2020 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Management&#146;s Discussion&nbsp;&amp; Analysis
(&#147;MD&amp;A&#148;) provides a review of the results of operations of Emera Incorporated and its subsidiaries and investments (&#147;Emera&#148;) during the fourth quarter of 2019 relative to the same quarter in 2018; the full year of 2019
relative to 2018 and selected financial information for 2017; and its financial position as at December&nbsp;31, 2019 relative to December&nbsp;31, 2018. Throughout this discussion, &#147;Emera Incorporated&#148;, &#147;Emera&#148; and
&#147;Company&#148; refer to Emera Incorporated and all of its consolidated subsidiaries and investments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This discussion and analysis should be read in conjunction
with the Emera Incorporated annual audited consolidated financial statements and supporting notes as at and for the year ended December&nbsp;31, 2019. Emera follows United States Generally Accepted Accounting Principles (&#147;USGAAP&#148; or
&#147;GAAP&#148;). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Effective January&nbsp;1, 2019, Emera revised its reportable segments to align with strategic priorities and internal governance. These new
reporting segments align with how the Company assesses financial performance and makes decisions about resource allocations. The five new reportable segments are: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt"><B>Florida Electric Utility</B>, which consists of Tampa Electric; </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt"><B>Canadian Electric Utilities</B>, which includes Nova Scotia Power Inc. and Emera Newfoundland&nbsp;&amp; Labrador
Holdings Inc., a<B> </B>holding company with equity investments in NSP Maritime Link Inc. and Labrador-Island Link Limited Partnership; </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt"><B>Other Electric Utilities</B>, which includes Emera Maine and Emera (Caribbean) Incorporated; </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt"><B>Gas Utilities and Infrastructure</B>, which includes Peoples Gas System, New Mexico Gas Company, Inc., SeaCoast Gas<B>
</B>Transmission, LLC; Emera Brunswick Pipeline Company Limited and an equity investment in Maritimes&nbsp;&amp; Northeast Pipeline; and </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman">&#9679;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt"><B>Other</B>, which includes Emera Energy and corporate holding and financing companies. In 2019, the Company completed<B>
</B>the sale of assets previously included in this segment, including the sale of Emera Energy&#146;s New England Gas Generating (&#147;NEGG&#148;) and Bayside facilities, and Emera Utility Services (&#147;EUS&#148;) equipment and inventory.
</P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All comparative reporting segment financial information for the three months and year ended December&nbsp;31, 2018 has been restated with no impact
to reported consolidated results. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>12</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accounting policies used by Emera&#146;s rate-regulated entities may differ from those used by Emera&#146;s <FONT
STYLE="white-space:nowrap">non-rate-regulated</FONT> businesses with respect to the timing of recognition of certain assets, liabilities, revenues and expenses. Emera&#146;s rate-regulated subsidiaries and investments include: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Emera Rate-Regulated Subsidiary or Equity Investment</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9pt; font-family:ARIAL"><B>Subsidiary</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Accounting Policies Approved/Examined By</B></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tampa Electric &#150; Electric Division of Tampa Electric Company
(&#147;TEC&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Florida Public Service Commission (&#147;FPSC&#148;) and the
Federal Energy Regulatory Commission (&#147;FERC&#148;)</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Nova Scotia Power Inc. (&#147;NSPI&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Nova Scotia Utility and Review Board
(&#147;UARB&#148;)</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Maine</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Maine Public Utilities Commission (&#147;MPUC&#148;) and
FERC</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Barbados Light&nbsp;&amp; Power Company Limited
(&#147;BLPC&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fair Trading Commission, Barbados (&#147;FTC&#148;)</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Grand Bahama Power Company Limited (&#147;GBPC&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">The Grand Bahama Port Authority (&#147;GBPA&#148;)</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dominica Electricity Services Ltd. (&#147;Domlec&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Independent Regulatory Commission, Dominica
(&#147;IRC&#148;)</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Peoples Gas System (&#147;PGS&#148;) &#150; Gas Division of
TEC</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">FPSC</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">New Mexico Gas Company, Inc. (&#147;NMGC&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">New Mexico Public Regulation Commission
(&#147;NMPRC&#148;)</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">SeaCoast Gas Transmission, LLC (&#147;SeaCoast&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">FPSC</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Brunswick Pipeline Company Limited (&#147;Brunswick
Pipeline&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canadian Energy Regulator (&#147;CER&#148;, formerly the National
Energy Board)</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Equity Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSP Maritime Link Inc. (&#147;NSPML&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">UARB</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Labrador Island Link Limited Partnership (&#147;LIL&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Newfoundland and Labrador Board of Commissioners of Public
Utilities (&#147;NLPUB&#148;)</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">St. Lucia Electricity Services Limited (&#147;Lucelec&#148;)</P>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">National Utility Regulatory Commission (&#147;NURC&#148;)</P>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Maritimes&nbsp;&amp; Northeast Pipeline Limited Partnership and
Maritimes&nbsp;&amp; Northeast Pipeline, LLC (&#147;M&amp;NP&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">CER and FERC</P></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All amounts are in Canadian dollars (&#147;CAD&#148;), except for the Florida Electric Utility, Other Electric Utilities and Gas Utilities
and Infrastructure sections of the MD&amp;A, which are reported in US dollars (&#147;USD&#148;), unless otherwise stated. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Additional information related to Emera,
including the Company&#146;s Annual Information Form, can be found on SEDAR at www.sedar.com. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>13</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FORWARD-LOOKING INFORMATION </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This MD&amp;A contains &#147;forward-looking information&#148; and statements which reflect the current view with respect to the Company&#146;s expectations regarding
future growth, results of operations, performance, business prospects and opportunities and may not be appropriate for other purposes within the meaning of applicable Canadian securities laws. All such information and statements are made pursuant to
safe harbour provisions contained in applicable securities legislation. The words &#147;anticipates&#148;, &#147;believes&#148;, &#147;budget&#148;, &#147;could&#148;, &#147;estimates&#148;, &#147;expects&#148;, &#147;forecast&#148;,
&#147;intends&#148;, &#147;may&#148;, &#147;might&#148;, &#147;plans&#148;, &#147;projects&#148;, &#147;schedule&#148;, &#147;should&#148;, &#147;targets&#148;, &#147;will&#148;, &#147;would&#148; and similar expressions are often intended to
identify forward-looking information, although not all forward-looking information contains these identifying words. The forward-looking information reflects management&#146;s current beliefs and is based on information currently available to
Emera&#146;s management and should not be read as guarantees of future events, performance or results, and will not necessarily be accurate indications of whether, or the time at which, such events, performance or results will be achieved. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The forward-looking information is based on reasonable assumptions and is subject to risks, uncertainties and other factors that could cause actual results to differ
materially from historical results or results anticipated by the forward-looking information. Factors that could cause results or events to differ from current expectations are discussed in the &#147;Business Overview and Outlook&#148; section of
the MD&amp;A and may also include: regulatory risk; operating and maintenance risks; changes in economic conditions; commodity price and availability risk; liquidity and capital market risk; pricing and timing of select asset sales; future dividend
growth; timing and costs associated with certain capital investment; the expected impacts on Emera of challenges in the global economy; estimated energy consumption rates; maintenance of adequate insurance coverage; changes in customer energy usage
patterns; developments in technology that could reduce demand for electricity; global climate change; weather; unanticipated maintenance and other expenditures; system operating and maintenance risk; derivative financial instruments and hedging;
interest rate risk; counterparty risk; disruption of fuel supply; country risks; environmental risks; foreign exchange; regulatory and government decisions, including changes to environmental, financial reporting and tax legislation; risks
associated with pension plan performance and funding requirements; loss of service area; risk of failure of information technology infrastructure and cybersecurity risks; market energy sales prices; labour relations; and availability of labour and
management resources. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Readers are cautioned not to place undue reliance on forward-looking information as actual results could differ materially from the plans,
expectations, estimates or intentions and statements expressed in the forward-looking information. All forward-looking information in this MD&amp;A is qualified in its entirety by the above cautionary statements and, except as required by law, Emera
undertakes no obligation to revise or update any forward-looking information as a result of new information, future events or otherwise. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>14</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INTRODUCTION AND STRATEGIC OVERVIEW </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Based in Halifax, Nova Scotia, Emera owns and operates <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">cost-of-service</FONT></FONT> rate-regulated
electric and gas utilities in Canada, the United States and the Caribbean. <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Cost-of-service</FONT></FONT> utilities provide essential gas and electric services in designated
territories under franchises and are overseen by regulatory authorities. Emera&#146;s strategic focus is to safely deliver cleaner, affordable and reliable energy to its customers. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s investment in rate-regulated businesses is concentrated in Florida and Nova Scotia. These service areas have experienced stable regulatory policies and
economic conditions. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s portfolio of regulated utilities provides reliable earnings, cash flow and dividends. Earnings opportunities in regulated utilities
are generally driven by the magnitude of net investment in the utility (known as &#147;rate base&#148;), and the amount of equity in the capital structure and the return on that equity (&#147;ROE&#148;) as approved through regulation. Earnings are
also affected by sales volumes and operating expenses. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has a $6.9&nbsp;billion capital investment plan over the <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">2020-to-2022</FONT></FONT> period and the potential for additional capital opportunities of $500&nbsp;million to $1&nbsp;billion over the forecast period, resulting in a forecasted rate base growth of 7&nbsp;per cent
through to 2022. This plan includes significant investments across the portfolio in renewable and cleaner generation, infrastructure modernization and customer-focused technologies. This planned capital investment is being funded primarily through
internally generated cash flows and debt raised at the operating company level. Equity requirements in support of the Company&#146;s capital investment plan will predominantly be funded in the equity capital markets through the dividend reinvestment
plan and the issuance of common and preferred equity. Maintaining investment-grade credit ratings is a priority of management. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has provided annual dividend
growth guidance of four to five per cent through to 2022. The Company targets a long-term dividend payout ratio of 70 to 75&nbsp;per cent, and while the payout ratio is likely to exceed that target in the forecast period, it is expected to return to
that range over time. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Seasonal patterns and other weather events affect demand and operating costs. Similarly, <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">mark-to-market</FONT></FONT> adjustments and foreign currency exchange can have a material impact on financial results for a specific period. Emera&#146;s consolidated net income and cash flows are impacted by movements in
the US dollar relative to the Canadian dollar and benefit from a weaker Canadian dollar. Emera may hedge both transactional and translational exposure. These impacts, as well as the timing of capital investment and other factors mean that results in
any one quarter are not necessarily indicative of results in any other quarter or for the year as a whole. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Energy markets worldwide are facing significant change and
Emera is well positioned to respond to shifting customer demands, complex regulatory environments and the trend towards <FONT STYLE="white-space:nowrap">de-carbonization.</FONT> Renewable generation and battery storage are becoming both more
affordable and efficient. Climate change and extreme weather are shaping how utilities operate and how they invest in infrastructure. There is also an overall need to replace aging infrastructure and further enhance reliability. Emera sees
opportunity in these trends. Emera&#146;s strategy is to fund investments in renewable and technology assets which protect the environment and benefit customers through fuel or operating cost savings. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For example, significant investments to facilitate the use of renewable and <FONT STYLE="white-space:nowrap">low-carbon</FONT> energy include the Maritime Link in
Atlantic Canada, the ongoing construction of solar generation at Tampa Electric, and the modernization of the Big Bend Power Station at Tampa Electric. Emera&#146;s utilities are also investing in reliability projects and replacing aging
infrastructure. All of these projects demonstrate Emera&#146;s strategy of finding cleaner ways to meet the energy needs of its customers while keeping rates affordable. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera is committed to world-class safety, operational excellence, good governance, excellent customer service, reliability, being an employer of choice, and building
constructive relationships with regulators, stakeholders and the communities where we operate. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>15</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B><FONT STYLE="white-space:nowrap">NON-GAAP</FONT> FINANCIAL MEASURES </B></FONT></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera uses financial measures that do not have standardized meaning under USGAAP and may not be comparable to similar measures presented by other entities. Emera
calculates the <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures by adjusting certain GAAP measures for specific items the Company believes are significant, but not reflective of underlying operations in the period. These measures are
discussed and reconciled below. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Adjusted Net Income </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera calculates an
adjusted net income measure by excluding the effect of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> (&#147;MTM&#148;) adjustments, the revaluation of US
<FONT STYLE="white-space:nowrap">non-regulated</FONT> net deferred income tax assets as a result of US tax reform in Q4 2017 and the GBPC impairment charge recognized in Q4 2019. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The MTM adjustments are a result of the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> adjustments related to
Emera&#146;s <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-for-trading</FONT></FONT> (&#147;HFT&#148;) commodity derivative instruments, including adjustments related to the price differential between the point where natural
gas is sourced and where it is delivered; </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> adjustments included in
Emera&#146;s equity income related to the business activities of Bear Swamp Power Company LLC (&#147;Bear Swamp&#148;); </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">the amortization of transportation capacity recognized as a result of certain Emera Energy marketing and trading
transactions; </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> adjustments related to an
interest rate swap in Brunswick Pipeline; and </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> adjustments related to
equity securities held in BLPC and Emera Reinsurance, a captive reinsurance company in the Other segment. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Management believes excluding from net
income the effect of these <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> valuations and changes thereto, until settlement, better aligns the intent and financial effect of these contracts with the
underlying cash flows and ongoing operations of the business, and allows investors to better understand and evaluate the business. Management and the Board of Directors exclude these <FONT STYLE="white-space:nowrap">mark-t</FONT> <FONT
STYLE="white-space:nowrap">o-market</FONT> adjustments for evaluation of performance and incentive compensation. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Refer to the &#147;Consolidated Financial
Review&#148; section and the &#147;Financial Highlights&#148; sections for Other Electric Utilities and Other segments, for further details on <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT>
adjustments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Q3 2019, Hurricane Dorian, a category 5 hurricane, struck Grand Bahama Island causing significant damage across the island. In Q4 2019, the Company
recognized a <FONT STYLE="white-space:nowrap">non-cash</FONT> impairment charge due to a decrease in expected future cash flows resulting from the impacts of Hurricane Dorian storm recovery and changes in the anticipated long term regulated capital
structure of GBPC. Management believes excluding from net income the effect of this charge better distinguishes ongoing operations of the business and allows investors to better understand and evaluate the Company. Refer to the &#147;Significant
Items Affecting Earnings&#148;, &#147;Developments&#148; and &#147;Financial Highlights &#150; Other Electric Utilities&#148; sections, for further details on this GBPC impairment charge. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following reconciles reported net income attributable to common shareholders, to adjusted net income attributable to common shareholders; and reported earnings per
common share &#150; basic, to adjusted earnings per common share &#150; basic: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="82%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars (except per share amounts)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>Three&nbsp;months&nbsp;ended<BR><B></B>December&nbsp;31<B></B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2017</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>193</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">231</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>663</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">710</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">266</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Revaluation of US <FONT STYLE="white-space:nowrap">non-regulated</FONT> deferred income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(317</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">After-tax</FONT> <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>82</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">64</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">59</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>145</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">167</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>621</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">671</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">524</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Earnings per common share &#150; basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.79</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.98</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.05</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted earnings per common share &#150; basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.60</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.71</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.59</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.88</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.46</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>16</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>EBITDA and Adjusted EBITDA </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Earnings before interest, income taxes, depreciation and amortization (&#147;EBITDA&#148;) is a <FONT STYLE="white-space:nowrap">non-GAAP</FONT> financial measure used by
Emera. EBITDA is used by numerous investors and lenders to better understand cash flows and credit quality. EBITDA is useful to assess Emera&#146;s operating performance and indicates the Company&#146;s ability to service or incur debt, invest in
capital and finance working capital requirements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Adjusted EBITDA is a <FONT STYLE="white-space:nowrap">non-GAAP</FONT> financial measure used by Emera. Similar to
adjusted net income calculations described above, this measure represents EBITDA absent the income effect of Emera&#146;s <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> and amortization adjustments,
and the GBPC impairment charge discussed above. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s EBITDA and Adjusted EBITDA may not be comparable to the EBITDA measures of other companies but, in
management&#146;s view, appropriately reflect Emera&#146;s specific operating performance. These measures are not intended to replace &#147;Net income attributable to common shareholders&#148; which, as determined in accordance with GAAP, is an
indicator of operating performance. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following is a reconciliation of reported net income to EBITDA and Adjusted EBITDA: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="83%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2017</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>192</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">231</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>710</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">747</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">299</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>181</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">186</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>738</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">713</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">698</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>43</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Depreciation and amortization</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>225</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">229</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>903</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">916</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">856</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>641</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">686</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,412</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,445</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,373</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Mark-to-market</FONT></FONT> gain, excluding income tax and
interest</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>118</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">94</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>107</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">78</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>557</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">592</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,339</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,387</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,295</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Net income is income before <FONT STYLE="white-space:nowrap">Non-controlling</FONT> interest in subsidiaries and Preferred
stock dividends. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>17</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONSOLIDATED FINANCIAL REVIEW </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SIGNIFICANT ITEMS AFFECTING EARNINGS </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>2019
</B></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">GBPC Hurricane Dorian Restoration </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On
September&nbsp;1, 2019, Hurricane Dorian struck Grand Bahama as a Category 5 hurricane, causing significant damage across the island. Emera&#146;s 2019 earnings decreased by approximately $62&nbsp;million ($0.26 per common share), as a result of the
impact of the hurricane, as detailed below. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Q4 2019, Emera recognized a GBPC impairment charge of $34&nbsp;million, including $30&nbsp;million related to goodwill
due to a decrease in expected future cash flows resulting from the impacts of Hurricane Dorian storm recovery and changes in the anticipated long term regulated capital structure of GBPC. This <FONT STYLE="white-space:nowrap">non-cash</FONT> charge
was recorded as a &#147;GBPC impairment charge&#148; in the Consolidated Statements of Income. Refer to note 21 to the consolidated financial statements for the year ended December&nbsp;31, 2019 for further information. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In addition, GBPC&#146;s earnings for the full year decreased by $13&nbsp;million ($0.05 per common share) due to reduced load as a result of the storm. Finally, Emera
recorded a corporate loss of $15&nbsp;million ($0.06 per common share) in 2019, in the Other segment, for the corporate share of the unrecoverable loss on GBPC&#146;s facilities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Refer to the &#147;Developments&#148; section for further details on Hurricane Dorian. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Earnings Impact of <FONT STYLE="white-space:nowrap">After-Tax</FONT>
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Mark-to-Market</FONT></FONT> Gains and Losses </FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">After-tax</FONT> <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains increased
$18&nbsp;million to $82&nbsp;million in Q4 2019, compared to $64&nbsp;million in Q4 2018. This increase was due to changes in existing positions on gas contracts, partially offset by higher amortization of gas transportation assets in Q4 2019 in
Emera Energy. For the year ended December&nbsp;31, 2019, <FONT STYLE="white-space:nowrap">after-tax</FONT> <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains increased $37&nbsp;million to
$76&nbsp;million in 2019, compared to $39&nbsp;million in 2018. This increase was due to changes in existing positions on gas contracts and a larger reversal of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> losses in 2019, compared to 2018, partially offset by higher amortization of gas transportation assets in 2019 in Emera Energy. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>2018 </B></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Florida State Tax Apportionment </FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Q3 2018, Emera received approval from the Florida Department of Economic Opportunity to change its Florida state tax apportionment factors. This change resulted in the
Company recording a tax benefit of approximately $23&nbsp;million, or $0.10 per common share, as a result of the remeasurement of certain deferred tax balances. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>18</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONSOLIDATED FINANCIAL HIGHLIGHTS BY BUSINESS SEGMENT </B></FONT></P>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="80%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Adjusted Net Income</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2017</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Florida Electric Utility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>80</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">83</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>419</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">381</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">354</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canadian Electric Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>229</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">218</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">203</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other Electric Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">89</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">77</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>183</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">136</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">109</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(28</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(286</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(153</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(219</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>145</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">167</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>621</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">671</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">524</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Revaluation of US <FONT STYLE="white-space:nowrap">non-regulated</FONT> deferred income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(317</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">After-tax</FONT> <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>82</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">64</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">59</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>193</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">231</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>663</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">710</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">266</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table highlights the significant changes in adjusted net income from 2018 to 2019: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>Three&nbsp;months&nbsp;ended<BR>December&nbsp;31<B></B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Adjusted net income &#150; 2018</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>671</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Florida Electric Utility &#150; decreased earnings in Q4 2019 due to
unfavourable weather in Florida. Year-over-year increased earnings due to higher contribution from solar investments and customer growth, partially offset by higher depreciation and interest</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure &#150; increased earnings due to
favourable weather in New Mexico, customer growth at PGS and lower depreciation and amortization at PGS</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NMGC tax benefit related to change in treatment of net operating loss
(&#147;NOL&#148;) carryforwards, and Q2 2019 recognition of tax reform benefits, of which $8&nbsp;million relates to 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canadian Electric Utilities &#150; NSPI earnings increased due to
decreased income taxes and lower pension costs, partially offset by increased depreciation. In addition, year-over-year, increased operating maintenance and general expenses (&#147;OM&amp;G&#148;) were partially offset by increased <FONT
STYLE="white-space:nowrap">non-fuel</FONT> revenues. Increased income from equity investments due to timing of revenue and operational costs in NSPML and higher equity investment in LIL</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gain on sale of property in Florida</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transaction costs related to the pending sale of Emera Maine</P></TD>

<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2018 recognition of Florida state tax apportionment benefit</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(23</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Impact of Hurricane Dorian related to GBPC. Refer to the
&#147;Significant items Affecting earnings&#148; and &#147;Developments&#148; sections</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(28</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased earnings from Emera Energy Generation due to the sale of
New England Gas Generating Facilities (&#147;NEGG&#148;) and Bayside generation facility</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(43</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased earnings at Emera Energy Services</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(49</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other variances</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Adjusted net income &#150; 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>621</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Refer to the &#147;Financial Highlights&#148; section for further details of reportable segment contributions. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>19</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION&nbsp;&amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2017</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating cash flow before changes in working capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,598</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,806</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,297</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in working capital</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(116</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(104</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating cash flow</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,525</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,690</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,193</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investing cash flow</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,617</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,190</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,761</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Financing cash flow</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">344</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">593</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2017</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31,842</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32,314</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28,806</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total long-term debt (including current portion) <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14,180</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15,411</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13,881</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Excludes Emera Maine balances classified as held for sale as at December&nbsp;31, 2019. Refer to the
&#147;Developments&#148; section and note 4 in the consolidated financial statements for further details. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Refer to the &#147;Consolidated Cash Flow
Highlights&#148; section for further discussion of cash flow. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONSOLIDATED INCOME STATEMENT HIGHLIGHTS </B></FONT></P>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="74%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">millions of
Canadian dollars</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">(except per share amounts)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Variance</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Variance</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2019</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2019</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2017</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,616</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,799</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(183</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,111</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,524</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(413</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,226</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating expenses</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,237</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,368</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">131</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,768</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,126</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">358</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,808</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from operations</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>379</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">431</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(52</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,343</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,398</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(55</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,418</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">33</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">154</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">124</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other income (expenses), net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7)</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(23</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>181</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">186</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>738</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">713</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">698</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>43</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">520</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>192</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">231</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(39</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>710</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">747</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(37</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">299</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>193</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">231</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>663</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">710</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(47</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">266</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(34</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(34</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Revaluation of US
<FONT STYLE="white-space:nowrap">non-regulated</FONT> deferred income taxes</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(317</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">After-tax</FONT> <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>82</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">64</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">59</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>145</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>621</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">671</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(50</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">524</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Earnings per common share &#150; basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.79</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.98</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.05</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.29</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Earnings per common share &#150; diluted</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.80</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.98</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.04</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.28</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.24</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted earnings per common share &#150; basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.60</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.59</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.88</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.29</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.46</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends per common share declared</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.3750</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.2825</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.0925</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.1325</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>557</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(35</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,339</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,387</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(48</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,295</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>20</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Operating Revenues </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the
fourth quarter of 2019, operating revenues decreased $183&nbsp;million compared to the fourth quarter in 2018. Absent increased <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains of $22&nbsp;million,
operating revenues decreased $205&nbsp;million due to: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$130&nbsp;million decrease in the Other segment due to the sale of NEGG and Bayside; </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$38&nbsp;million decrease at Florida Electric Utility due to a reduction in base rates as a result of US tax reform and
lower clause revenues; </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$21&nbsp;million decrease at NSPI due to decreased industrial and commercial class sales volume and decreased volume due to
weather; and </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$14&nbsp;million decrease in marketing and trading margin at Emera Energy due to less favourable market conditions and
higher fixed cost commitments for gas transportation and storage assets. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2019, operating revenues decreased
$413&nbsp;million compared to 2018. Absent increased <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains of $48&nbsp;million, operating revenues decreased by $461&nbsp;million due to: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$327&nbsp;million decrease in the Other segment due to the sale of NEGG and Bayside; </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$137&nbsp;million decrease at Florida Electric Utility due to lower base rates as a result of US tax reform;
</P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$84&nbsp;million decrease in marketing and trading margin at Emera Energy due to less favourable market conditions and
higher fixed cost commitments for gas transportation and storage assets; and </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$20&nbsp;million decrease in PGS due to lower <FONT STYLE="white-space:nowrap">off-system</FONT> sales and lower base rates
as a result of US tax reform, and lower clause-related revenues at PGS and NMGC. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These impacts were partially offset by increases of: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$65&nbsp;million at Florida Electric Utility as a result of a weaker Canadian dollar and higher base revenues related to <FONT
STYLE="white-space:nowrap">in-service</FONT> of solar generation projects and customer growth; and </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$41&nbsp;million at Gas Utilities and Infrastructure as a result of NMGC&#146;s recognition of tax reform benefits from
January&nbsp;1, 2018 to June&nbsp;30, 2019, favourable weather in New Mexico, customer growth at PGS and the impact of a weaker Canadian dollar. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Operating Expenses </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the fourth quarter of 2019, operating expenses
decreased $131&nbsp;million compared to the fourth quarter of 2018. Absent the $34&nbsp;million GBPC impairment charge, operating expenses decreased by $165&nbsp;million due to: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$96&nbsp;million decrease in the Other segment primarily due to the sale of NEGG and Bayside; </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$34&nbsp;million decrease at Florida Electric Utility as a result of decreased OM&amp;G due to the regulatory agreement to
net storm costs and tax reform benefits in 2018 and lower fuel costs; </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$17&nbsp;million decrease at Gas Utilities and Infrastructure due to lower commodity costs in PGS and New Mexico; and
</P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$16&nbsp;million decrease at Canadian Electric Utilities primarily due to increased under-recovery of fuel costs which
includes the impact of the Maritime Link assessment, partially offset by increased fuel for generation and purchased power and depreciation. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For
the year ended December&nbsp;31, 2019, operating expenses decreased $358&nbsp;million compared to 2018. Absent decreased <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains of $7&nbsp;million, and the
$34&nbsp;million GBPC impairment charge, operating expenses decreased $399&nbsp;million due to: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$262&nbsp;million decrease in the Other segment as a result of the sale of NEGG and Bayside; </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$126&nbsp;million decrease at Florida Electric Utility as a result of decreased OM&amp;G expenses due to the regulatory
agreement to net storm costs and tax reform benefits in 2018 and lower fuel costs; </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$48&nbsp;million decrease at Gas Utilities and Infrastructure due to lower commodity costs in PGS and New Mexico; and
</P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$44&nbsp;million decrease at Canadian Electric Utilities primarily due to increased under-recovery of fuel costs which
includes the impact of the Maritime Link assessment. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These impacts were partially offset by an increase of: </P>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$63&nbsp;million at Canadian Electric Utilities primarily due to increased fuel costs as a result of commodity pricing,
higher OM&amp;G and higher depreciation. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>21</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Income (Expenses), Net </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The increase in other income (expenses), net for the fourth quarter in 2019 was primarily due to lower pension costs at NSPI, partially offset by the corporate loss
recorded by Emera for the corporate share of the unrecoverable loss on GBPC facilities resulting from the impact of Hurricane Dorian, and transaction costs for the pending sale of Emera Maine. For the year ended December&nbsp;31, 2019, absent
increased <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains, the increase was also due to the gain on sale of property in Florida. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Interest Expense </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Interest expense, net for the fourth quarter in 2019 was
consistent with the same period in 2018. The increase in interest expense, net for the year ended December&nbsp;31, 2019, compared to 2018 was primarily due to higher borrowings at Florida Electric Utility and a weaker Canadian dollar. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Income Tax Expense </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Income tax expense for the fourth quarter and for the year
ended December&nbsp;31, 2019, was consistent with the same periods in 2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Net Income and Adjusted Net Income Attributable to Common Shareholders </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the fourth quarter of 2019, net income attributable to common shareholders was favourably impacted by the $18&nbsp;million increase in
<FONT STYLE="white-space:nowrap">after-tax</FONT> <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains, primarily related to Emera Energy and unfavourably impacted by the GBPC impairment charge of
$34&nbsp;million. Absent favourable <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> changes and the GBPC impairment charge, adjusted net income attributable to common shareholders decreased
$22&nbsp;million. The decrease was due to lower contributions from Emera Energy (which includes lower contribution due to the sale of NEGG in Q1 2019) and the impact of Hurricane Dorian related to GBPC, partially offset by higher contributions from
Canadian Electric Utilities and Gas Utilities and Infrastructure. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2019, net income attributable to common shareholders was
favourably impacted by the $37&nbsp;million increase in <FONT STYLE="white-space:nowrap">after-tax</FONT> <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains primarily related to Emera Energy and
unfavourably impacted by the GBPC impairment charge of $34&nbsp;million. Absent favourable <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> changes and the GBPC impairment charge, adjusted net income
attributable to common shareholders decreased $50&nbsp;million. The decrease was due to lower contributions from Emera Energy (which includes the lower contribution due to the sale of NEGG in Q1 2019), the 2018 recognition of Florida state tax
apportionment benefits, the impact of Hurricane Dorian related to GBPC and transaction costs related to the pending sale of Emera Maine. These were partially offset by higher contribution from Florida Electric Utility, the impact of a weaker
Canadian dollar, NMGC&#146;s recognition of tax reform benefits, increased contribution from the Gas Utilities and Infrastructure segment and a gain on sale of property in Florida. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Earnings and Adjusted Earnings per Common Share &#150; Basic </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Earnings per
common share &#150; basic and adjusted earnings per common share &#150; basic were lower for the fourth quarter and the year ended December&nbsp;31, 2019 due to decreased earnings as discussed above and the impact of the increase in the weighted
average common shares outstanding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Effect of Foreign Currency Translation </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera operates internationally, including in Canada, the US and various Caribbean countries. As such, the Company generates revenues and incurs expenses denominated in
local currencies which are translated into Canadian dollars for financial reporting. Changes in translation rates, particularly in the value of the US dollar against the Canadian dollar, can positively or adversely affect results. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Earnings from Emera&#146;s foreign operations are translated into Canadian dollars. In general, Emera&#146;s earnings benefit from a weakening Canadian dollar and are
adversely impacted by a strengthening Canadian dollar. The impact of foreign exchange in any period is driven by rate changes, the timing of earnings from foreign operations during the period, and the percentage of earnings from foreign operations
in the period. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>22</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Results of foreign operations are translated at the weighted average rate of exchange and assets and liabilities of
foreign operations are translated at period end rates. The relevant CAD/US exchange rates for 2019 and 2018 are as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Three&nbsp;months&nbsp;ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Year ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average CAD/USD exchange rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Period end CAD/USD exchange rate</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.30</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.30</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="16"> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">CAD exchange rates decreased earnings by $1&nbsp;million and had
minimal impact on adjusted earnings in Q4 2019, compared to Q4 2018. Weakening of the CAD increased earnings and adjusted earnings by $13&nbsp;million in 2019, compared to 2018.</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Consistent with the Company&#146;s risk management policies, Emera partially manages currency risks
through matching US denominated debt to finance its US operations and may use foreign currency derivative instruments to hedge specific transactions and earnings exposure. Emera does not utilize derivative financial instruments for foreign currency
trading or speculative purposes.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The table below includes Emera&#146;s significant segments
whose contributions to adjusted earnings are recorded in US dollar currency.</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="top"> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt"></P> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt"></P> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt"></P> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt"></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Three&nbsp;months&nbsp;ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended<BR>December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Florida Electric Utility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">64</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>316</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">294</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other Electric Utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>57</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>115</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">83</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>104</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">110</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>488</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">446</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other segment
<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(27</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(159</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(82</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total
</B><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">83</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>329</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">364</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes US dollar net income from PGS, NMGC, SeaCoast and M&amp;NP. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes Emera Energy&#146;s US dollar adjusted net income from Emera Energy Services, NEGG and Bear Swamp and interest
expense on Emera Inc.&#146;s US dollar denominated debt. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Amounts above do not include the impact of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> or the GBPC impairment charge. </P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>BUSINESS OVERVIEW AND OUTLOOK </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Effective January&nbsp;1, 2019, Emera revised its reportable segments to align with strategic priorities
and internal governance. These new reporting segments align with how the Company assesses financial performance and makes decisions about resource allocations. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
five new reportable segments are: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Florida Electric Utility; </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Canadian Electric Utilities; </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Other Electric Utilities; </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Gas Utilities and Infrastructure; and </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Other. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Earnings from
Emera&#146;s regulated utilities are most directly impacted by the rate of return on equity (&#147;ROE&#148;) or rate base and capital structure approved by their regulators, prudent management of operating costs, approved recovery of regulatory
deferrals, energy sales volumes including the impact of weather, and the timing and amount of capital expenditures. Electric and gas sales volumes are primarily driven by general economic conditions, population and weather. Emera&#146;s residential
load generally comprises individual homes, apartments and condominiums. Commercial customers include small retail operations, large office and commercial complexes, universities and hospitals. The electric and gas utilities&#146; industrial
customers include manufacturing facilities and other large-volume operations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>23</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FLORIDA ELECTRIC UTILITY </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Florida Electric Utility consists of Tampa Electric, a vertically integrated regulated electric utility engaged in the generation, transmission and distribution of
electricity, serving customers in West Central Florida. Tampa Electric has approximately $9&nbsp;billion USD of assets and approximately 779,000 customers at December&nbsp;31, 2019. Tampa Electric owns 5,641 MW of generating capacity, of which
73&nbsp;per cent is natural <FONT STYLE="white-space:nowrap">gas-fired,</FONT> 19&nbsp;per cent is coal and 8&nbsp;per cent is solar. Tampa Electric owns 2,165 kilometres of transmission facilities and 18,990 kilometres of distribution facilities.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric&#146;s approved regulated ROE range is 9.25&nbsp;per cent to 11.25&nbsp;per cent, based on an allowed equity capital structure of 54&nbsp;per cent. An
ROE of 10.25&nbsp;per cent is used for the calculation of the return on investments for clauses. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric anticipates earning within its allowed ROE range in
2020 and expects rate base and earnings to be higher than 2019. Tampa Electric expects customer growth rates in 2020 to be consistent with 2019, reflective of economic growth in Florida. Assuming normal weather in 2020, Tampa Electric sales volumes
are expected to be consistent with 2019, which benefited from favourable weather. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;10, 2019, the FPSC approved Tampa Electric&#146;s petition to
reduce base rates and charges reflecting reduction of the state income tax rate from 5.5&nbsp;per cent to 4.46&nbsp;per cent retroactive from January&nbsp;1, 2019. The base rate reduction of approximately $5&nbsp;million USD due to customers is
subject to <FONT STYLE="white-space:nowrap">true-up,</FONT> and the actual rate reduction may vary from year to year. In addition, in January 2020, Tampa Electric refunded $12&nbsp;million USD to customers as a result of the final settlement
agreement related to the netting of Hurricane Irma storm costs and 2018 US tax reform benefits. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On October&nbsp;3, 2019, the FPSC issued a rule to implement a storm
protection cost recovery clause. This new clause provides a process for Florida investor-owned utilities, including Tampa Electric, to recover transmission and distribution storm hardening costs for incremental activities not already included in
base rates. Subject to final approval of the FPSC rule, Tampa Electric expects to file a storm protection plan with the FPSC in Q2 2020. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As of December&nbsp;31,
2019, Tampa Electric has invested approximately $820&nbsp;million USD in 600 MW of utility-scale solar photovoltaic projects, which are recoverable through FPSC-approved solar base rate adjustments (&#147;SoBRAs&#148;). Tampa Electric expects to
invest an additional $30&nbsp;million USD in these projects through 2021. Allowance for funds used during construction (&#147;AFUDC&#148;) is being earned on these projects during construction. The FPSC has approved SoBRAs representing a total of
554 MW or $96&nbsp;million USD annually in estimated revenue requirements for <FONT STYLE="white-space:nowrap">in-service</FONT> projects. Tampa Electric expects to file its final SoBRA petition for the January&nbsp;1, 2021 tranche in 2020. Tampa
Electric also intends to invest approximately $800&nbsp;million USD in an additional 600 MW of new utility-scale solar photovoltaic projects with targeted <FONT STYLE="white-space:nowrap">in-service</FONT> dates during 2021 through 2023. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric expects to invest approximately $850&nbsp;million USD through 2023 to modernize the Big Bend Power Station. This modernization project includes conversion
of Unit 1 from coal-fired to natural gas combined-cycle technology and the early retirement of Unit 2. As of December&nbsp;31, 2019, Tampa Electric has invested approximately $275&nbsp;million USD in this modernization project. AFUDC is being earned
on this project during construction. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2020, capital expenditures in the Florida Electric Utility segment are expected to be approximately $1.0&nbsp;billion USD
(2019 &#150; $1.1&nbsp;billion USD), including AFUDC. Capital projects include solar investments, continuation of the modernization of the Big Bend Power Station, which received final state approval on July&nbsp;25, 2019, storm hardening
investments, and advanced metering infrastructure (&#147;AMI&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CANADIAN ELECTRIC UTILITIES </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Canadian Electric Utilities includes NSPI, a vertically integrated regulated electric utility engaged in the generation, transmission and distribution of electricity and
the primary electricity supplier to customers in Nova Scotia; and ENL, a holding company with equity investments in NSPML and LIL, two transmission investments related to the development of an 824 MW hydroelectric generating facility at Muskrat
Falls on the Lower Churchill River in Labrador. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>24</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>NSPI </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">With approximately
$5.5&nbsp;billion of assets and approximately 523,000 customers, NSPI owns 2,441 MW of generating capacity, of which approximately 43&nbsp;per cent is coal-fired; 28&nbsp;per cent is natural gas and/or oil; 20&nbsp;per cent is hydro and wind;
7&nbsp;per cent is petcoke and 2&nbsp;per cent is biomass-fueled generation. In addition, NSPI has contracts to purchase renewable energy from independent power producers (&#147;IPP&#148;). These IPPs own 545 MW of capacity. NSPI will have an
increase in energy from renewable sources upon delivery of the Nova Scotia block (&#147;NS Block&#148;) of electricity transmitted through the Maritime Link from the Muskrat Falls hydroelectric project. Delivery of the NS Block is anticipated to
commence in <FONT STYLE="white-space:nowrap">mid-2020.</FONT> NSPI owns approximately 5,000 kilometres of transmission facilities and 27,000 kilometres of distribution facilities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI&#146;s approved regulated ROE range is 8.75&nbsp;per cent to 9.25&nbsp;per cent, based on an actual five-quarter average regulated common equity component of up to
40&nbsp;per cent. NSPI anticipates earning within its allowed ROE range in 2020 and expects rate base and earnings to be higher than 2019. Assuming normal weather in 2020, NSPI sales volumes are expected to be higher. On December&nbsp;6, 2019, the
UARB approved NSPI&#146;s three-year fuel stability plan which results in an average annual overall rate increase of 1.5&nbsp;per cent to recover fuel costs for the period of 2020 through 2022. These rates include recovery of Maritime Link costs
(discussed in the &#147;ENL &#150; NSPML&#148; section below). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI is subject to environmental laws and regulations set by both the Government of Canada and the
Province of Nova Scotia. NSPI continues to work with both levels of government to comply with these laws and regulations, to maximize efficiency of emission control measures and minimize customer cost. NSPI anticipates that costs prudently incurred
to achieve legislated reductions will be recoverable under NSPI&#146;s regulatory framework. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Government of Canada has laws and regulations that would compel the
closure of coal plants before the end of their economic life and at the latest by 2030. The Canada-Nova Scotia Equivalency Agreement allows NSPI to achieve compliance with federal GHG emissions regulations through 2029 by meeting provincial
legislative and regulatory requirements, as these requirements are deemed to be equivalent to the federal regulations. Efforts are now focused on the development of an Equivalency Agreement for 2030 and beyond recognizing equivalent outcomes between
federal and provincial environmental laws and regulations. The Province&#146;s Bill 213, &#147;<I>The Sustainable Development Goals Act</I>&#148;, was enacted in October 2019, and includes a goal of <FONT STYLE="white-space:nowrap">net-zero</FONT>
GHG emissions by 2050. NSPI will continue to work with the provincial government on its carbon reduction goals. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI completed registration under the Nova Scotia <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Cap-and-Trade</FONT></FONT> Program Regulations in 2019 and expects to receive its 2020 granted emissions allowances in Q1 2020. These 2020 allowances will be used in 2020 or allocated
within the initial four-year compliance period that ends in 2022. At December&nbsp;31, 2019, NSPI is on track to meet the requirements of the program. NSPI anticipates that any prudently incurred costs required to comply with the Government of
Canada&#146;s laws and regulations, and the Nova Scotia <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Cap-and-Trade</FONT></FONT> Program Regulations, will be recoverable under NSPI&#146;s regulatory framework. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Nova Scotia&#146;s Air Quality Regulations (the &#147;Regulations&#148;) with respect to sulphur dioxide
(&#147;SO<SUB STYLE="font-size:85%; vertical-align:bottom">2</SUB>&#148;) emissions have been driving a steady decrease in SO<SUB STYLE="font-size:85%; vertical-align:bottom">2</SUB> emissions since 2005. The current Regulations call for another
round of decreases starting in 2020. Given the delay with Muskrat Falls, the provincial government has amended regulations for adjusted emission limits for 2020 through 2022 in order to avoid significant rate increases for customers, while
continuing Nova Scotia&#146;s downward trend with SO<SUB STYLE="font-size:85%; vertical-align:bottom">2</SUB> emissions. NSPI incorporated the impact of these changes into the UARB-approved fuel stability plan for this three-year period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Although the market in Nova Scotia is otherwise mature, the transformation of energy supply to lower-emission sources has driven organic growth within NSPI as investments
have been made in renewable generation and system reliability projects to further advance its &#147;Coal to Clean&#148; strategy. NSPI achieved carbon dioxide reductions of over 30&nbsp;per cent from 2005 levels, exceeding the 21st Conference of the
Parties of the United Nations Framework Convention on Climate Change targets for a reduction of 30&nbsp;per cent from 2005 levels by 2030. NSPI is on track to achieve reductions in carbon dioxide of over 55&nbsp;per cent by 2030. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2020, NSPI expects to invest approximately $375&nbsp;million (2019 &#150; $396 million), including AFUDC, in capital projects to support system reliability, including
hydroelectric infrastructure renewal projects and AMI. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>25</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>ENL </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>NSPML </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Through its subsidiary, NSPML, ENL has
invested $1.8&nbsp;billion of equity, debt and working capital, including $209&nbsp;million of AFUDC, in development of the Maritime Link Project. This investment consists of $554&nbsp;million in equity, comprised of $452&nbsp;million in equity
contributed and $102&nbsp;million of accumulated retained earnings, with the remaining being funded with working capital and debt. The project debt has been guaranteed by the Government of Canada. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Maritime Link entered service on January&nbsp;15, 2018 and provides for the transmission of energy and improved reliability and ancillary benefits, supporting the
efficiency and reliability of both provinces. The Maritime Link will transmit at greater capacity when the Lower Churchill project is complete, which is anticipated in the second half of 2020. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Equity earnings contributions from the Maritime Link are dependent on the approved ROE and operational performance of NSPML. NSPML&#146;s approved regulated ROE range is
8.75&nbsp;per cent to 9.25&nbsp;per cent, based on an actual five-quarter average regulated common equity component of up to 30&nbsp;per cent. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;27,
2019, the UARB approved NSPML&#146;s interim assessment for recovery from NSPI of 2020 Maritime Link costs of approximately $145&nbsp;million (2019 &#150; $111 million). The total recovery of $145&nbsp;million includes approximately
$115&nbsp;million of operating and maintenance, debt financing and equity financing costs, and approximately $30&nbsp;million for depreciation and amortization of financing costs. This payment is subject to a holdback of up to $10&nbsp;million.
Recovery of the $115&nbsp;million of operating and maintenance, debt financing and equity financing costs began on January&nbsp;1, 2020. Beginning June&nbsp;1, 2020, recovery of the $30&nbsp;million of depreciation and amortization of financing
costs will be included in NSPI customer rates, with payment of this recovery to NSPML to begin on the earlier of the confirmation of delivery of the NS Block and November&nbsp;1, 2020. NSPML expects to file a final cost assessment with the UARB in
2020. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2020, NSPML expects to invest approximately $20&nbsp;million (2019 &#150; $28 million) in capital. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LIL </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">ENL is a limited partner with Nalcor Energy
in LIL, with total project costs currently estimated at $3.7&nbsp;billion. Equity earnings are recorded based on an annual ROE of 8.5&nbsp;per cent of the equity invested. The ROE is approved by the NLPUB. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Equity earnings from the LIL investment are based upon the book value of the equity investment and the approved ROE. Emera&#146;s current equity investment is
$579&nbsp;million, comprised of $410&nbsp;million in equity contribution and $169&nbsp;million of accumulated equity earnings. Emera&#146;s total equity contribution in the LIL, excluding accumulated equity earnings, is estimated to be approximately
$650&nbsp;million after all Lower Churchill projects, including Muskrat Falls, are completed. Nalcor is forecasting these projects to be completed in the second half of 2020. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Cash earnings and return of equity are forecasted by Nalcor to begin in Q4 2020, and until that point Emera will continue to record AFUDC earnings. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Equity earnings from NSPML and LIL are expected to be higher in 2020, compared to 2019. Both the NSPML and LIL investments are recorded as &#147;Investments subject to
significant influence&#148; on Emera&#146;s Consolidated Balance Sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OTHER ELECTRIC UTILITIES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Other Electric Utilities includes Emera Maine, a regulated transmission and distribution electric utility in the state of Maine, and Emera (Caribbean) Incorporated
(&#147;ECI&#148;), a holding company with regulated electric utilities. ECI&#146;s regulated utilities include BLPC, a vertically integrated regulated electric utility on the island of Barbados, GBPC, a vertically integrated regulated electric
utility on Grand Bahama Island, and a 51.9&nbsp;per cent interest in Domlec, a vertically integrated regulated electric utility on the island of Dominica. ECI also holds a 19.1&nbsp;per cent interest in Lucelec, a vertically integrated regulated
electric utility on the island of St. Lucia which is accounted for on the equity basis. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;25, 2019, Emera announced an agreement to sell Emera Maine. The
transaction is expected to close in early 2020, subject to MPUC approval. Refer to the &#147;Developments&#148; section for further details. As a result of the pending sale, Emera Maine&#146;s assets and liabilities were classified as held for sale
in Q1 2019. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>26</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Maine </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">With
approximately $1.3&nbsp;billion USD of assets and approximately 159,000 customers, Emera Maine owns and operates approximately 2,000 kilometres of transmission facilities and 10,000 kilometres of distribution facilities. Electricity generation is
deregulated in Maine, and several suppliers compete to provide customers with the energy delivered through Emera Maine&#146;s T&amp;D networks. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Approximately
48&nbsp;per cent of Emera Maine&#146;s operating revenue represents distribution operations, 47&nbsp;per cent is associated with transmission operations and 5&nbsp;per cent relates to stranded cost recoveries. The rates for each element are
established in distinct regulatory proceedings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>BLPC </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">With approximately
$420&nbsp;million USD of assets and approximately 131,000 customers, BLPC owns 266 MW of generating capacity, of which 96&nbsp;per cent is <FONT STYLE="white-space:nowrap">oil-fired</FONT> and 4&nbsp;per cent is solar. The utility has an additional
12 MW of capacity from rental units. BLPC owns approximately 168 kilometres of transmission facilities and 2,800 kilometres of distribution facilities. BLPC&#146;s approved regulated return on rate base is 10.0&nbsp;per cent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>GBPC </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">With approximately $300&nbsp;million USD of assets and approximately
17,800 customers, GBPC owns 98 MW of <FONT STYLE="white-space:nowrap">oil-fired</FONT> generation, approximately 138 kilometres of transmission facilities and 860 kilometres of distribution facilities. In January 2020, the GBPA approved GBPC&#146;s
regulated return on rate base of 8.34&nbsp;per cent for 2020 (2019 &#150; 8.44 per cent). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Domlec </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Domlec serves approximately 31,000 customers. Domlec owns 27 MW of generating capacity of which 74&nbsp;per cent is <FONT STYLE="white-space:nowrap">oil-fired</FONT> and
26&nbsp;per cent is hydro. Domlec owns approximately 471 kilometres of transmission facilities and 697 kilometres of distribution facilities. Domlec&#146;s approved regulated return on rate base is 15.0&nbsp;per cent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Electric Utilities Outlook </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Other Electric Utilities&#146; earnings are
expected to increase over the prior year due to the GBPC impairment charge recognized in 2019 and higher earnings in 2020 from the Caribbean utilities, partially offset by lower earnings contribution from Emera Maine as a result of the expected sale
in early 2020. For the Caribbean, GBPC&#146;s earnings are expected to increase as load continues to recover after Hurricane Dorian (discussed below), and earnings from both BLPC and Domlec are expected to be comparable to 2019. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;1, 2019, Hurricane Dorian struck Grand Bahama Island causing significant damage across the island. GBPC sustained damage to its generation, transmission
and distribution assets. GBPC has restored power to all customers who have requested power and are able to receive it and as of December&nbsp;31, 2019, power was restored to approximately 92&nbsp;per cent of its customers. Post-hurricane load is
down approximately 13&nbsp;per cent. Management anticipates that demand will recover to <FONT STYLE="white-space:nowrap">pre-storm</FONT> levels by the end of 2021. Refer to the &#147;Developments&#148; section for further details. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Government of Barbados has granted BLPC a franchise to generate, transmit and distribute electricity on the island until 2028. In 2019, the Government of Barbados
passed legislation amending the number of licenses required for the supply of electricity from a single integrated license which currently exists to multiple licenses for Generation, Transmission and Distribution, Storage, Dispatch and Sales. BLPC
is negotiating the terms of the new licenses under the amended legislation. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2020, capital expenditures in the Other Electric Utilities segment are expected to be
approximately $130&nbsp;million USD (including investment in Emera Maine for the first quarter only) (2019 &#150; $150&nbsp;million USD). ECI&#146;s utilities are forecasting capital investment in more efficient and cleaner sources of generation,
including renewables and battery storage. In early February 2020, BLPC completed the installation of 15 MW of additional generation. BLPC expects to complete the installation of a 33 MW diesel engine by
<FONT STYLE="white-space:nowrap">mid-2020.</FONT> This 33 MW plant is expected to increase efficiency and bridge BLPC&#146;s transition to increased renewable sources of generation. Emera Maine expects to invest primarily in transmission and
distribution projects supporting normal system reliability. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>27</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GAS UTILITIES AND INFRASTRUCTURE </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure includes PGS, a regulated gas distribution utility engaged in the purchase, distribution and sale of natural gas serving customers in
Florida; NMGC, a regulated gas distribution utility engaged in the purchase, transmission, distribution and sale of natural gas serving customers in New Mexico; SeaCoast, a regulated intrastate natural gas transmission company offering services in
Florida; Brunswick Pipeline, a regulated <FONT STYLE="white-space:nowrap">145-kilometre</FONT> pipeline delivering <FONT STYLE="white-space:nowrap">re-gasified</FONT> liquefied natural gas from Saint John, New Brunswick, to markets in the
northeastern United States; and Emera&#146;s <FONT STYLE="white-space:nowrap">non-consolidated</FONT> investment in M&amp;NP. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Peoples Gas System </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">With approximately $1.6&nbsp;billion USD of assets and approximately 406,000 customers, the PGS system includes approximately 21,730 kilometres of natural gas mains and
12,070 kilometres of service lines. Natural gas throughput (the amount of gas delivered to its customers, including transportation-only service) was 2.1&nbsp;billion therms in 2019. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The approved ROE range for PGS is 9.25&nbsp;per cent to 11.75&nbsp;per cent, based on an allowed equity capital structure of 54.7&nbsp;per cent. The bottom of the range
will increase to 9.75&nbsp;per cent in 2021, absent a rate case filing for that year. An ROE of 10.75&nbsp;per cent is used for the calculation of return on investments for clauses. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>New Mexico Gas Company, Inc. </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">With approximately $1.1&nbsp;billion USD of
assets and approximately 534,000 customers, NMGC serves approximately 60&nbsp;per cent of the state&#146;s population in 23 of New Mexico&#146;s 33 counties. NMGC&#146;s system includes approximately 2,488 kilometres of transmission lines and 17,223
kilometres of distribution lines. Annual natural gas throughput was approximately 969&nbsp;million therms in 2019. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The approved ROE for NMGC is 9.1&nbsp;per cent, on
an allowed equity capital structure of 52&nbsp;per cent. On July&nbsp;17, 2019, the NMPRC approved a rate increase for NMGC effective August 2019. The new rates are being phased in over two years and are expected to result in an annual revenue
increase of approximately $3&nbsp;million USD. The NMPRC also approved the utility&#146;s weather adjustment mechanism. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Gas Utilities and Infrastructure Outlook
</B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure earnings are anticipated to be lower than 2019 due to decreased earnings from NMGC as a result of the recognition of tax reform
benefits, and the approved change in treatment of NOL carryforwards in 2019. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Earnings from PGS are expected to be consistent with 2019. PGS expects customer growth
rates in 2020 to be consistent with 2019, reflecting economic growth in Florida and the optimization of existing opportunities as the utility increases its market penetration in Florida. Assuming normal weather in 2020, PGS sales volumes are
expected to increase at a higher rate in 2020, as 2019 energy sales were impacted by unfavourable weather. Despite these expected revenue increases, significant capital investments and related growth in rate base is resulting in PGS anticipating it
will earn below its allowed ROE range in 2020. Consistent with its FPSC-approved 2018 tax reform settlement agreement, PGS is permitted to initiate a general base rate proceeding during 2020, regardless of its earned ROE at the time, provided the
new rates do not become effective before January&nbsp;1, 2021. Therefore, as a result of forecasted revenue requirements being higher than what is in current rates, on February&nbsp;7, 2020, PGS notified the FPSC that it is planning to file a base
rate proceeding in April 2020 for new rates effective January 2021. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NMGC anticipates earning at or near its approved ROE in 2020 and expects rate base to be higher
than 2020. Customer growth rates are expected to be consistent with 2019, reflecting expectations for housing starts and new connections. Assuming normal weather in 2020, NMGC sales volumes are expected to decrease, as 2019 energy sales benefited
from favourable weather in the first half of the year. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;23, 2019, NMGC filed a future year base rate case with the NMPRC for new rates effective
January 2021. The proposed new rates reflect the recovery of capital investment in pipelines and related infrastructure. The estimated annual incremental revenue requirement is approximately $13&nbsp;million USD. A decision from the NMPRC is
expected in late 2020. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2020, capital expenditures in the Gas Utilities and Infrastructure segment are expected to be approximately $580&nbsp;million USD (2019
&#150; $331&nbsp;million USD), including AFUDC. PGS will make investments to expand its system and support customer growth. NMGC will complete the Santa Fe Mainline Looping project in 2020 and will continue to invest in system improvements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>28</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2018, SeaCoast executed an agreement with Seminole Electric Cooperative, Inc. (&#147;Seminole&#148;) to provide
long-term firm gas transportation service to Seminole&#146;s new <FONT STYLE="white-space:nowrap">gas-fired</FONT> generating facility being constructed in Putnam County, Florida. SeaCoast is constructing and will operate a <FONT
STYLE="white-space:nowrap">21-mile,</FONT> <FONT STYLE="white-space:nowrap">30-inch</FONT> pipeline lateral that is anticipated to go into service by 2022. The estimated capital investment is projected to be approximately $110&nbsp;million USD, with
$35&nbsp;million USD invested through 2019 and $48&nbsp;million USD expected to be invested in 2020. SeaCoast is also jointly developing the 26.5 mile, <FONT STYLE="white-space:nowrap">16-inch</FONT> Callahan Pipeline with Peninsula Pipeline Co., an
affiliate of Florida Public Utilities. This pipeline is expected to go into service in 2021. SeaCoast will provide long-term firm gas transportation service to PGS in the northeast Florida area under a long-term transportation agreement between
SeaCoast and PGS, which was approved by the FPSC in November 2019. SeaCoast&#146;s portion of the estimated capital investment in the Callahan Pipeline is projected to be approximately $32&nbsp;million USD, with $6&nbsp;million USD invested through
2019 and approximately $26&nbsp;million USD expected to be invested in 2020. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OTHER </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Other segment includes those business operations that in a normal year are below the required threshold for reporting as separate segments; and corporate expense and
revenue items that are not directly allocated to the operations of Emera&#146;s subsidiaries and investments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Business operations in Other include Emera Energy,
which consists of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera Energy Services (&#147;EES&#148;), a wholly owned physical energy marketing and trading business;
</P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Brooklyn Power Corporation (&#147;Brooklyn Energy&#146;), a 30 MW biomass
<FONT STYLE="white-space:nowrap">co-generation</FONT> electricity facility in Brooklyn, Nova Scotia; and </P></TD></TR></TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">an equity investment in a 50.0&nbsp;per cent joint venture ownership of Bear Swamp, a 600 MW pumped storage hydroelectric
facility in northwestern Massachusetts. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2019, the Company completed the sale of assets previously reported in this segment including the sale of
its NEGG and Bayside facilities in March 2019 and the sale of its Emera Utility Services equipment and inventory in December 2019. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Corporate items included in the
Other segment are certain corporate-wide functions including executive management, strategic planning, treasury services, legal, financial reporting, tax planning, corporate business development, corporate governance, investor relations, risk
management, insurance, acquisition and disposition related costs, gains or losses on select assets sales, and corporate human resource activities. It includes interest revenue on intercompany financings recorded in &#147;Intercompany revenue&#148;
and interest expense on corporate debt in both Canada and the US. It also includes costs associated with corporate activities that are not directly allocated to the operations of Emera&#146;s subsidiaries and investments. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Earnings from EES are generally dependent on market conditions. In particular, volatility in electricity and natural gas markets, which can be influenced by weather,
local supply constraints and other supply and demand factors, can provide higher levels of margin opportunity. The business is seasonal, with Q1 and Q4 generally providing the greatest opportunity for earnings. The business is generally expected to
deliver annual adjusted net earnings of $15 to $30&nbsp;million USD ($45 to $70&nbsp;million USD of margin), with the opportunity for upside when market conditions present. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Other segment is expected to contribute positively to earnings in 2020 due to the sale of Emera Maine, with a material gain expected to be recognized in earnings at
closing. Absent this gain, the adjusted net loss from the Other segment is expected to decrease over the prior year, primarily due to lower corporate costs and expected EES contribution within its normal range in 2020, partially offset by the 2019
sale of NEGG. Corporate costs are expected to be lower due to decreased interest expense related to debt maturities and 2019 recognition of the corporate share of the unrecoverable loss related to the impact of Hurricane Dorian on GBPC. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2020, capital expenditures in the Other segment are expected to be approximately $74&nbsp;million (2019 &#150; $60 million), including investment in contracted energy
infrastructure. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>29</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONSOLIDATED BALANCE SHEET HIGHLIGHTS </B></FONT></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Significant changes in the Consolidated Balance Sheets between December&nbsp;31, 2018 and December&nbsp;31, 2019 include: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:8pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="38%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P>
<P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Total</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Increase</P>
<P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">(Decrease)</P></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P>
<P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P>
<P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Classification</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">of Emera</P>
<P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Maine&nbsp;as&nbsp;Held</P> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">for Sale</P></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P>
<P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;(1)&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P>
<P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Other</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Increase</P>
<P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">(Decrease)</P></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:0pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P>
<P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Explanation of Other Increase (Decrease)</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(94</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(94</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to additions of property, plant and equipment and payment of common and preferred dividends. These were partially offset by cash from
operations, proceeds from disposal of assets, changes in borrowings and the issuance of common shares.</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Derivative instruments (current and long-term)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(80</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(80</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to settlement of derivatives and lower commodity prices at NSPI.</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Regulatory assets (current and long-term)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(17</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(138</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>121</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Increased due to deferred income tax regulatory asset and deferrals related to derivative instruments at NSPI, partially offset by the effect of a stronger
CAD on the translation of Emera&#146;s foreign affiliates.</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Receivables and other assets (current and long-term)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(125</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(78</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(47</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">No significant change after removing impact of held for sale classification.</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Assets held for sale (current and long-term), net of
liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(117</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>691</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(808</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to completion of the sale of the NEGG facilities.</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Property, plant and equipment, net of accumulated depreciation and
amortization</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(545</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,293</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>748</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Increased due to additions at Tampa Electric, PGS, NMGC and NSPI partially offset by the effect of a stronger CAD on the translation of Emera&#146;s
foreign affiliates.</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Goodwill</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(478</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(148</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(330</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to the effect of a stronger CAD on the translation of Emera&#146;s foreign subsidiaries and the GBPC impairment charge.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Liabilities and Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Short-term and long-term debt (including current portion)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(880</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(516</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(364</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to the effect of a stronger CAD on the translation of Emera&#146;s foreign affiliates and repayment of Emera US Finance LP USD note upon
maturity, partially offset by proceeds from Emera&#146;s <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit facility, and issuances at Tampa Electric, NSPI and Emera Maine.</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accounts payable</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(171</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(35</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(136</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to lower commodity prices at Emera Energy, lower cash collateral positions at NSPI and Emera Energy, and the effect of a stronger CAD on the
translation of Emera&#146;s foreign subsidiaries.</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred income tax liabilities, net of deferred income tax
assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(46</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(204</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>158</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Increased primarily due to tax deductions in excess of accounting depreciation related to property, plant, and equipment.</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Regulatory liabilities (current and long-term)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(429</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(156</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(273</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased primarily due to the effect of a stronger CAD on the translation of Emera&#146;s foreign affiliates and deferrals related to derivative
instruments, fuel adjustment mechanism and cost of removal at NSPI.</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Pension and post-retirement liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(181</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(73</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(108</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to higher returns and the effect of a stronger CAD on the translation of Emera&#146;s foreign affiliates.</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Common stock</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>400</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>400</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Increased due to the dividend reinvestment plan, increase in options exercised and shares issued under Emera&#146;s
<FONT STYLE="white-space:nowrap">at-the-market</FONT> equity program (&#147;ATM Program&#148;).</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accumulated other comprehensive income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(243</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(243</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decreased due to the effect of a stronger CAD on the translation of Emera&#146;s foreign subsidiaries.</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Retained earnings</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>98</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>98</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Increased due to net income in excess of dividends paid.</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">On March&nbsp;25, 2019, Emera announced the sale of Emera Maine. As at December&nbsp;31, 2019, Emera Maine&#146;s assets
and liabilities were classified as held for sale. Refer to the &#147;Developments&#148; section and note 4 in the consolidated financial statements for further details. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>30</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DEVELOPMENTS </B></FONT></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>HURRICANE DORIAN </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In September 2019, Hurricane
Dorian impacted GBPC, NSPI and Tampa Electric, as discussed below. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>GBPC </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;1, 2019, Dorian struck Grand Bahama as a Category 5 hurricane, with sustained winds of approximately 285 kilometres per hour. The hurricane stalled over
the island for several days, causing significant damage to, or destruction of, homes and businesses served by GBPC. GBPC&#146;s generation, transmission and distribution assets sustained damage, including the effect of flooding that resulted from
storm surge and rain. All 19,300 of GBPC&#146;s customers lost power following the storm. As of December&nbsp;31, 2019, power was restored to all customers who were able to receive power, or approximately 17,800 customers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Earnings Impact </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s 2019 earnings decreased by
approximately $62&nbsp;million as a result of the impact of the hurricane, reflecting an impairment charge of $34&nbsp;million, including $30&nbsp;million related to goodwill, $13&nbsp;million related to loss of load and $15&nbsp;million for the
corporate share of the unrecoverable loss on GBPC&#146;s facilities. Refer to &#147;Significant Items Affecting Earnings&#148; for further details. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT
 COLOR="#0033a1">Balance Sheet Impact </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">GBPC maintains insurance for its generation facilities. As with most utilities, its transmission and distribution
networks are self-insured. It is currently estimated that restoration costs for GBPC self-insured assets will be approximately $15&nbsp;million USD. In January 2020, the GBPA approved the recovery of these costs through rates over a five-year
period. Approximately $12&nbsp;million USD of these estimated costs were incurred in 2019, and recorded as a regulatory asset. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As a result of the damage caused by
Hurricane Dorian, the Company completed an asset impairment analysis in Q4 2019. Property, plant and equipment and inventory with a book value of approximately $18&nbsp;million USD was determined to be impaired and was reclassified as a regulatory
asset. GBPC recorded an offsetting insurance receivable of $15&nbsp;million USD against this regulatory asset. It is anticipated that the regulatory asset balance of $3&nbsp;million USD remaining at December&nbsp;31, 2019 will also be recovered
through insurance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>NSPI </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;7, 2019, Dorian struck Nova
Scotia with sustained hurricane force winds of over 100 kilometres per hour and peak gusts of approximately 155 kilometres per hour. The storm caused widespread damage to NSPI&#146;s transmission and distribution system and, at the height of the
storm, approximately 412,000 customers were affected. By September&nbsp;10, 2019, power had been restored to 80&nbsp;per cent of those affected, and all customers were restored by September&nbsp;17, 2019. NSPI incurred $40&nbsp;million of storm
restoration costs of which $24&nbsp;million was capitalized to property, plant and equipment, with the remaining $16&nbsp;million charged to OM&amp;G expense. There was no overall impact on NSPI earnings as NSPI&#146;s increased storm costs were
offset by some of the excess <FONT STYLE="white-space:nowrap">non-fuel</FONT> revenues that were recorded in 2019. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Tampa Electric </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In preparation for Hurricane Dorian, Tampa Electric incurred approximately $8&nbsp;million USD in storm costs. There was no impact to Tampa Electric earnings as these
costs were charged to Tampa Electric&#146;s storm reserve regulatory liability. As of December&nbsp;31, 2019, the storm reserve regulatory liability balance was $62&nbsp;million ($48&nbsp;million USD). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">AT-THE-MARKET</FONT></FONT> EQUITY PROGRAM </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On July&nbsp;11, 2019, Emera established an ATM Program that allows the Company to issue up to $600&nbsp;million of common shares from treasury to the public from time to
time, at the Company&#146;s discretion, at the prevailing market price. The ATM Program was established under a prospectus supplement to the Company&#146;s short-form base shelf prospectus which expires on July&nbsp;14, 2021. During 2019,
approximately 1.8&nbsp;million common shares were issued under the ATM Program at an average price of $56.56 per share for gross proceeds of $100&nbsp;million ($98.7&nbsp;million net of issuance costs). As at December&nbsp;31, 2019, an aggregate
gross sales limit of $500&nbsp;million remains available for issuance under the ATM program. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>31</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INCREASE IN COMMON DIVIDEND </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;27, 2019, Emera&#146;s Board of Directors approved an increase in the annual common share dividend rate to $2.45 from $2.35. The first payment was
effective November&nbsp;15, 2019. Emera extended its four to five per cent annual dividend growth rate target through to 2022. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REMOVAL OF
LEGISLATIVE RESTRICTION ON <FONT STYLE="white-space:nowrap">NON-CANADIAN</FONT> RESIDENT OWNERSHIP OF EMERA SHARES </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On April&nbsp;12, 2019, amendments to
the <I>Nova Scotia Power Privatization Act</I> and the <I>Nova Scotia Power Reorganization (1998)</I><I>&nbsp;Act </I>were enacted, removing the legislative restriction preventing <FONT STYLE="white-space:nowrap">non-Canadian</FONT> residents from
holding more than 25&nbsp;per cent<I> </I>of Emera voting shares, in aggregate. On July&nbsp;11, 2019, shareholders passed a special resolution to immediately amend the Company&#146;s articles of association to remove this restriction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SALE OF EMERA ENERGY&#146;S NEW ENGLAND GAS AND BAYSIDE GENERATING FACILITIES </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;29, 2019, Emera completed the sale of its three NEGG facilities for cash proceeds of $799&nbsp;million ($598&nbsp;million USD), including working capital
adjustments. On March&nbsp;5, 2019, the Company sold its Bayside facility for cash proceeds of $46&nbsp;million. An immaterial loss was recognized on these dispositions. Proceeds from the sales were used to reduce corporate debt and support capital
investment opportunities within Emera&#146;s regulated utilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>PENDING SALE OF EMERA MAINE </B></FONT></P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;25, 2019, Emera announced the sale of Emera Maine for a total enterprise value of approximately $1.3&nbsp;billion USD including cash proceeds of
$959&nbsp;million USD, transferred debt and a working capital adjustment on close. The transaction is expected to close in early 2020, subject to the approval of the MPUC. All other required regulatory approvals have been received. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">A material gain on the sale is expected to be recognized in earnings at closing. Proceeds from the sale will be used to support capital investment opportunities within
Emera&#146;s regulated utilities and to reduce corporate debt. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>APPOINTMENTS </B></FONT></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Executive </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Effective October&nbsp;21, 2019, Karen Hutt was appointed Executive
Vice President, Strategy&nbsp;&amp; Business Development for Emera. Most recently, Ms.&nbsp;Hutt was President and CEO of NSPI. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Effective October&nbsp;21, 2019,
Wayne O&#146;Connor was appointed President and CEO of NSPI. Most recently, Mr.&nbsp;O&#146;Connor was Executive Vice President, Strategy&nbsp;&amp; Business Development for Emera. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OUTSTANDING COMMON STOCK DATA </B></FONT></P> <P STYLE="font-size:14pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><B>Common stock</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL"><B>Issued and outstanding:</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions&nbsp;of&nbsp;shares</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">millions&nbsp;of</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;Canadian&nbsp;dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">228.77</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,601</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Conversion of Convertible Debentures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of common stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.45</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issued for cash under Purchase Plans at market rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.87</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount on shares purchased under Dividend Reinvestment Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Options exercised under senior management stock option plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Employee Share Purchase Plan</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">234.12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Conversion of Convertible Debentures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.03</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of common stock <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.77</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">99</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issued for cash under Purchase Plans at market rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.99</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">202</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount on shares purchased under Dividend Reinvestment Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Options exercised under senior management stock option plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.57</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">104</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Employee Share Purchase Plan</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>242.48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6,216</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">As at December&nbsp;31, 2019, a total of 1.77&nbsp;million common shares have been issued through Emera&#146;s ATM Program
at an average price of $56.56 per share for gross proceeds of $100&nbsp;million ($98.7&nbsp;million net of issuance costs). </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>32</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at February&nbsp;11, 2020, the amount of issued and outstanding common shares was 242.6&nbsp;million. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The weighted average shares of common stock outstanding &#150; basic, which includes both issued and outstanding common stock and outstanding deferred share units, for
the three months ended December&nbsp;31, 2019 was 242.9&nbsp;million (2018 &#150; 234.9 million). The weighted average shares of common stock outstanding &#150; basic for the year ended December&nbsp;31, 2019 was 239.9&nbsp;million (2018 &#150;
233.0 million). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FINANCIAL HIGHLIGHTS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>FLORIDA ELECTRIC UTILITY </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All amounts are reported in USD, unless otherwise stated. </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of US dollars (except per share amounts)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Three&nbsp;months&nbsp;ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Year&nbsp;ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues &#150; regulated electric</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>473</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">501</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,965</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,066</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel for generation and purchased power</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>143</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">155</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>582</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">637</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">64</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>316</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">294</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>80</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">83</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>419</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">381</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated earnings per common share &#150; basic
&#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.35</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.75</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.64</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income weighted average foreign exchange rate &#150;
CAD/USD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.30</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.30</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>187</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">184</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>828</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">774</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">EBITDA &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>245</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">241</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,098</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,003</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Net Income </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Highlights of the net income
changes are summarized in the following table: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="93%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of US dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Three&nbsp;months&nbsp;ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Year ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income &#150; 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>294</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased operating revenues &#150; see Operating Revenues &#150; Regulated Electric below</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(101</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased fuel for generation and purchased power &#150; see Regulated Fuel for Generation and Purchased
Power below</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">55</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased OM&amp;G expenses due to Tampa Electric&#146;s regulatory agreement to net 2018 tax reform benefits
with storm costs that were recorded through OM&amp;G in 2018. Beginning in 2019, tax reform benefits are reflected in lower base rates</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">96</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increased depreciation and amortization due to increased property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increased interest expense in support of increased capital spending</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased income tax expense quarter-over-quarter primarily due to a reduction in the Florida state corporate
income tax rate. Decreased income tax expense year-over-year primarily due to a reduction in the Florida state corporate income tax rate and higher investment tax credits related to solar projects</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income &#150;
2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>316</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Florida Electric Utility&#146;s CAD contribution to consolidated net income decreased $3&nbsp;million in Q4 2019, compared to Q4 2018. For
the year ended December&nbsp;31, 2019, Florida Electric Utility&#146;s CAD contribution to consolidated net income increased $38&nbsp;million in 2019. Tampa Electric&#146;s contribution decreased in Q4 2019 due to unfavourable weather.
Year-over-year earnings increased due to higher contribution from solar and customer growth. These increases were partially offset by higher depreciation expense and higher interest expense as the result of higher capital investments. The reduction
in base rates due to tax reform was offset by lower OM&amp;G expense in 2019, as the 2018 tax reform benefits were netted against the storm costs recorded through OM&amp;G expense in 2018. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The impact of the change in the foreign exchange rate increased CAD earnings for the quarter and year ended December&nbsp;31, 2019 by $1&nbsp;million and $9&nbsp;million,
respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>33</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Operating Revenues &#150; Regulated Electric </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Beginning January 1, 2019, as approved by the FPSC, base rates at Tampa Electric were lowered to reflect the impact of tax reform, resulting in a $29 million decrease in
revenue in Q4 2019, and approximately $103 million decrease for the year ended December 31, 2019. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Electric revenues decreased $28 million to $473 million in Q4 2019,
compared to $501 million in Q4 2018. For the year ended December 31, 2019, electric revenues decreased $101 million to $1,965 million in 2019, from $2,066 million in 2018. The decreases in both periods were due to lower clause revenues and lower
base rates as a result of US tax reform, partially offset by higher base revenues related to in-service of solar generation projects, and customer growth. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Electric
revenues and sales volumes are summarized in the following tables by customer class: </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Electric Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B><B></B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B></B><B>254</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">265</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>141</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">147</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B><B></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B></B><B>473</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">501</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other includes sales to public authorities, off-system sales to other utilities and regulatory deferrals related to
clauses. </P></TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Electric Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B><B></B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B></B><B>1,046</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,067</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>562</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">582</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>156</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">161</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>201</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">256</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B><B></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B></B><B>1,965</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,066</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other includes sales to public authorities, off-system sales to other utilities and regulatory deferrals related to
clauses. </P></TD></TR></TABLE></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
<DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Electric Sales Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Gigawatt hours (&#147;GWh&#148;)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,303</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,320</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,536</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,568</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>501</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">490</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>579</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">514</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,919</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,892</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Electric Sales Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9,584</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9,418</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,240</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,266</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,021</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,014</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,094</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,219</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19,939</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19,917</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulated Fuel for Generation and Purchased Power
</B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric is required to maintain a generating capacity greater than firm peak demand. The total Tampa Electric-owned generation capacity is 5,641 MW. Tampa
Electric meets the planning criteria for reserve capacity established by the FPSC, which is a 20 per cent reserve margin over firm peak demand. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Regulated fuel for
generation and purchased power decreased $12 million to $143 million in Q4 2019, compared to $155 million in Q4 2018. For the year ended December 31, 2019, regulated fuel for generation and purchased power decreased $55 million to $582 million in
2019, compared to $637 million in 2018. The decrease in both periods was due to increased use of lower-cost natural gas and increased solar generation. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Production Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,075</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,160</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>323</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">430</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Oil and petcoke</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Solar</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>169</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">68</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>210</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">495</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,777</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,153</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Production Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>17,514</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16,097</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,214</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,088</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Oil and petcoke</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">472</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Solar</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>756</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">118</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,290</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,222</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>20,774</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20,997</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>34</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Average Fuel Costs </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dollars per Megawatt hour (&#147;MWh&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B><B></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B></B><B>30</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Average Fuel Costs </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dollars per MWh</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B><B></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B></B><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric&#146;s fuel costs are affected by
commodity prices and generation mix that is largely dependent on economic dispatch of the generating fleet, bringing the lowest cost options on stream first (renewable energy from solar), such that the incremental cost of production increases as
sales volumes increase. Generation mix may also be affected by plant outages, plant performance, availability of lower priced short-term purchased power, availability of renewable solar generation, and compliance with environmental standards and
regulations. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Average fuel cost per MWh for the quarter was consistent compared to Q4 2018. Average fuel cost per MWh decreased for the year ended December&nbsp;31,
2019, compared to 2018, due to increased use of lower-cost natural gas and lower-cost solar generation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulatory Recovery Mechanisms </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric is regulated by the FPSC. Tampa Electric is also subject to regulation by the FERC. The FPSC sets rates at a level that allows utilities such as Tampa
Electric to collect total revenues or revenue requirements equal to their cost of providing service, plus an appropriate return on invested capital. Base rates are determined in FPSC rate setting hearings which occur at the initiative of Tampa
Electric, the FPSC or other interested parties. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>Other Cost Recovery </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B><I>Fuel Recovery Clause </I></B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric has a fuel recovery clause approved
by the FPSC, allowing the opportunity to recover fluctuating fuel expenses from customers through annual fuel rate adjustments. Differences between prudently incurred fuel costs and amounts recovered from customers through electricity rates in a
year are deferred to a fuel clause regulatory asset or liability and recovered from or returned to customers in a subsequent year. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B><I>Other Cost Recovery Clauses
</I></B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The FPSC annually approves cost-recovery rates for purchased power, capacity, environmental and conservation costs including a return on capital invested.
Differences between the prudently incurred clause-recoverable costs and amounts recovered from customers through electricity rates in a year are deferred to a corresponding regulatory asset or liability and recovered from or returned to customers in
a subsequent year. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Storm Reserve </I></B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The storm reserve is for
hurricanes and other named storms that cause significant damage to Tampa Electric&#146;s system. Tampa Electric can petition the FPSC to seek recovery of restoration costs over a <FONT STYLE="white-space:nowrap">12-month</FONT> period, or longer, as
determined by the FPSC, as well as replenish the reserve. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CANADIAN ELECTRIC UTILITIES </B></FONT></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" ROWSPAN="2" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars (except per share amounts)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">Three months ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues &#150; regulated electric</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>364</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">385</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,430</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,440</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel for generation and purchased power <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>183</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">179</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>663</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">639</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>91</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">87</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>229</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">218</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated earnings per common share &#150;
basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.24</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.95</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.94</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>151</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">140</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>592</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">584</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Regulated fuel for generation and purchased power includes NSPI&#146;s FAM and fixed cost deferrals on the Consolidated
Statements of Income, however it is excluded in the segment overview. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>35</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Canadian Electric Utilities&#146; contribution is summarized in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="89%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">Three months ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>138</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">131</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity investment in NSPML</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">45</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity investment in LIL</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">42</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">218</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Net Income </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Highlights of the net income
changes are summarized in the following table: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income &#150; 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>44</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>218</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased operating revenues &#150; see Operating Revenues &#150; Regulated Electric below</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increased fuel for generation and purchased power &#150; see Regulated Fuel for Generation and Purchased
Power below</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased FAM and fixed cost deferrals due to increased under-recovery of fuel costs which includes the
impact of the Maritime Link assessment in both periods</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increased OM&amp;G expenses year-over-year primarily due to higher costs for vegetation management, storm
costs, variable compensation, lower administrative overhead allocated to property, plant and equipment and increased costs for information technology</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increased depreciation and amortization due to increased property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increase in income from equity investments &#150; refer to Income from Equity Investments in NSPML and LIL
below</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased other expenses, net primarily due to lower pension costs</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased income taxes primarily due to changes in tax legislation, prior year change in tax reserve, tax
benefits of capital investment related to Post-Tropical Storm Dorian and decreased <FONT STYLE="white-space:nowrap">non-deductible</FONT> pension expense partially offset by decreased tax deductions in excess of accounting depreciation related to
property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net
income &#150; 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>229</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Canadian Electric Utilities&#146; contribution to consolidated net income increased $14&nbsp;million to $58&nbsp;million in Q4 2019,
compared to $44&nbsp;million for the same period in 2018. This increase was a result of increased income from equity investments, decreased income taxes and lower pension costs. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2019 Canadian Electric Utilities&#146; contribution to consolidated net income increased $11&nbsp;million to $229&nbsp;million
compared to $218&nbsp;million in 2018. This increase was a result of lower pension costs, decreased income taxes, higher <FONT STYLE="white-space:nowrap">non-fuel</FONT> revenues and increased income from equity investments. This was partially
offset by increased OM&amp;G expenses and depreciation. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;7, 2019, Hurricane Dorian struck Nova Scotia. NSPI incurred $40&nbsp;million of storm
restoration costs, of which $24&nbsp;million was capitalized to property, plant and equipment with the remaining $16&nbsp;million charged to OM&amp;G. There was no overall impact on NSPI earnings as NSPI&#146;s increased storm costs were offset by
some of the excess <FONT STYLE="white-space:nowrap">non-fuel</FONT> revenues that were recorded in 2019. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The timing of regulatory deferrals causes quarterly earnings
volatility, while full year results are more predictable. </P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>36</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>NSPI </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Operating Revenues &#150; Regulated Electric </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Operating
revenues decreased $21&nbsp;million to $364&nbsp;million in Q4 2019, compared to $385&nbsp;million in Q4 2018 primarily due to decreased industrial and commercial class sales volume and decreased volume due to weather, partially offset by increased
fuel related electricity pricing in 2019. For the year ended December&nbsp;31, 2019, operating revenues decreased $10&nbsp;million to $1,430&nbsp;million compared to $1,440&nbsp;million in 2018 primarily due to decreased industrial and commercial
class sales volume and the impact of the Maritime Link assessment. This was partially offset by increased fuel-related electricity pricing in 2019, increased sales volume due to weather and increased residential class sales volume. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Electric revenues and sales volumes are summarized in the following tables by customer class: </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Electric Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>194</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">199</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>102</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">107</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>50</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">62</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>356</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">378</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL; font-size:8pt"><B>Q4 Electric Sales Volumes</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,210</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,259</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>763</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">799</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>571</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">669</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">76</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,622</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,803</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Electric Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>746</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">731</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>400</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">405</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>210</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,401</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,412</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL; font-size:8pt"><B>Annual Electric Sales Volumes</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,664</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,581</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,068</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,102</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,388</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,611</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>350</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">323</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10,470</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,617</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Regulated Fuel for Generation
and Purchased Power </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Regulated fuel for generation and purchased power increased $4&nbsp;million to $183&nbsp;million in Q4 2019, compared to $179&nbsp;million
in Q4 2018. For the year ended December&nbsp;31, 2019 regulated fuel for generation and purchased power increased $24&nbsp;million to </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">$663&nbsp;million compared to
$639&nbsp;million 2018. Changes in both periods were primarily due to increased commodity pricing and the payment of the Maritime Link assessment. </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Production Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,398</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,466</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>322</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">275</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Oil and petcoke</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>149</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">254</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power &#150; other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>139</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">175</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total
<FONT STYLE="white-space:nowrap">non-renewables</FONT></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,008</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,170</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Wind and hydro</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>306</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">318</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power &#150; Independent Power Producers (&#147;IPP&#148;)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>371</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">369</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power &#150; Community <FONT STYLE="white-space:nowrap">Feed-in</FONT> Tariff program
(&#147;COMFIT&#148;)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>163</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">153</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Biomass</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">60</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total renewables</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>854</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total production volumes</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,862</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,070</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Production Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,949</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,930</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,369</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,427</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Oil and petcoke</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>981</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,246</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power &#150; other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>786</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">540</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total
<FONT STYLE="white-space:nowrap">non-renewables</FONT></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,085</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,143</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Wind and hydro</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,289</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,202</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power &#150; IPP</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,202</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,275</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power &#150; COMFIT</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>552</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">553</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Biomass</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">189</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total renewables</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,116</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,219</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total production volumes</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11,201</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,362</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>37</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Average Fuel Costs </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dollars per MWh</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>64</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Average Fuel Costs </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dollars per MWh</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>59</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">56</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Average fuel cost per MWh increased in Q4 2019 and
for the year ended December&nbsp;31, 2019, compared to the same periods in 2018, primarily due to increased commodity pricing, timing of the payments of the Maritime Link assessment and generation mix. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI&#146;s FAM regulatory liability balance decreased $46&nbsp;million from $161&nbsp;million at December&nbsp;31, 2018 to $115&nbsp;million at December&nbsp;31, 2019,
primarily due to under-recovery of current period fuel costs and a refund to customers of the 2018 Maritime Link assessment. This was partially offset by the recovery of the Maritime Link assessment in 2019 to be returned to customers as part of the
assessment decision, demand side management costs to be returned to customers in subsequent years and interest on the FAM balance. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI&#146;s fuel costs are
affected by commodity prices and generation mix, which is largely dependent on economic dispatch of the generating fleet, bringing the lowest cost options on stream first after renewable energy from IPPs including COMFIT participants, for which NSPI
has power purchase agreements in place. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI-owned hydro and wind have no fuel cost component. After hydro and wind, historically, petcoke and coal have the lowest
per unit fuel cost, followed by natural gas. Oil, biomass and purchased power have the next lowest fuel cost, depending on the relative pricing of each. Generation mix may also be affected by plant outages, availability of renewable generation,
plant performance and compliance with environmental standards and regulations. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The generation mix has transformed with the addition of new <FONT
STYLE="white-space:nowrap">non-dispatchable</FONT> renewable energy sources such as wind, including IPP and COMFIT, which typically have a higher cost per MWh than NSPI-owned generation or other purchased power sources. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>ENL </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Income from Equity Investments in NSPML and LIL
</FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Income from equity investments increased $7&nbsp;million to $23&nbsp;million in Q4 2019 compared to the same period in 2018. Income from equity investments
increased $4&nbsp;million to $91&nbsp;million for the year ended December&nbsp;31, 2019 compared to 2018. Increased income from NSPML in both periods was due to timing of revenue and operational costs and increased income from LIL, due to higher
equity investment. In Q1 2018, NSPML began recording cash earnings and collecting UARB approved cash payments from NSPI. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulatory Recovery Mechanisms </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">NSPI </FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI is a public utility as defined in the Public
Utilities Act of Nova Scotia (the &#147;Public Utilities Act&#148;) and is subject to regulation under the Public Utilities Act by the UARB. The Public Utilities Act gives the UARB supervisory powers over NSPI&#146;s operations and expenditures.
Electricity rates for NSPI&#146;s customers are subject to UARB approval. NSPI is not subject to a general annual rate review process, but rather participates in hearings held from time to time at NSPI&#146;s or the UARB&#146;s request. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI is regulated under a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">cost-of-service</FONT></FONT> model, with rates set to recover prudently
incurred costs of providing electricity service to customers, and provide an appropriate return to investors. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI has a FAM, approved by the UARB, allowing NSPI to
recover fluctuating fuel costs from customers through fuel rate adjustments. Differences between prudently incurred fuel costs and amounts recovered from customers through electricity rates in a year are deferred to a FAM regulatory asset or
liability. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;6, 2019, the UARB approved NSPI&#146;s three-year fuel stability plan which will result in an average annual overall rate increase of
1.5&nbsp;per cent to recover fuel costs for the period of 2020 through 2022. For the years 2020 to 2022, differences between actual fuel costs and fuel revenues recovered from customers will be recovered from or returned to customers after 2022.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In December 2015, the <I>Electricity Plan Implementation (2015)</I><I></I><I>&nbsp;Act (&#147;Electricity Plan Act&#148;)</I> was enacted by the Province of Nova
Scotia with a goal of providing rate stability and predictability for customers for the 2017 through 2019 period. NSPI operated under a Rate Stability Plan for fuel costs for 2017 through 2019 which included an average overall annual rate increase
of 1.5&nbsp;per cent to recover fuel costs for each of these three years. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>38</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OTHER ELECTRIC UTILITIES </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All amounts are reported in USD, unless otherwise stated. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;25, 2019,
Emera announced the sale of Emera Maine. The transaction is expected to close in early 2020, subject to MPUC approval. The Company will continue to record depreciation on these assets, through the transaction closing date, as the depreciation
continues to be reflected in customer rates, and will be reflected in the carryover basis of the assets when sold. Refer to the &#147;Developments&#148; section for further details. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three months ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars (except per share amounts)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues &#150; regulated electric</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>140</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">140</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>561</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">574</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel for generation and purchased power <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">55</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>216</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">225</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated net income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>57</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated net income &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">89</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(26</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(26</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">After-tax</FONT> equity securities <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain (loss)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(16</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">66</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">85</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated earnings per common share
&#150; basic &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.06</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated earnings per common share &#150; basic
&#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(0.08</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.10</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income weighted average foreign exchange rate &#150;
CAD/USD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.32</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.30</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>38</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">47</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>187</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">200</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted EBITDA &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>52</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">63</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>249</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">260</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:1pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">&nbsp;&nbsp;Regulated fuel for generation and purchased power includes transmission pool expense. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>GBPC Impairment Charge </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As a result of the damage caused by Hurricane Dorian,
the Company completed an asset and goodwill impairment analysis in Q4 2019 and recognized a <FONT STYLE="white-space:nowrap">non-cash</FONT> impairment charge of $26&nbsp;million USD due to a decrease in expected future cash flows resulting from the
impacts of Hurricane Dorian storm recovery and changes in the anticipated long term regulated capital structure of GBPC. Refer to the &#147;Developments&#148; section and note 21 to the consolidated financial statements for the year ended
December&nbsp;31, 2019 for further details. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Other Electric Utilities&#146; adjusted contribution is summarized in the following table: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three months ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Maine</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">34</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">ECI</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Adjusted contribution to consolidated net income</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>57</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>39</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Net Income </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Highlights of the
net income changes are summarized in the following table: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income &#150; 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>66</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues &#150; see Operating Revenues &#150; Regulated Electric below <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel for generation &#150; see Regulated Fuel for Generation and Purchased Power below <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased earnings at GBPC due to Hurricane Dorian</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net
income &#150; 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(16</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Excludes the impact of Hurricane Dorian at GBPC. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Excluding the change in <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> and the GBPC impairment charge, Other Electric
Utilities CAD&#146;s contribution to consolidated net income decreased $11&nbsp;million in Q4 2019, compared to Q4 2018. For the year ended December&nbsp;31, 2019, the CAD contribution decreased $13&nbsp;million compared to 2018. ECI&#146;s
contribution decreased in both periods mainly due to lower earnings in GBPC as a result of the impact of Hurricane Dorian in Q3 2019. For the year ended December&nbsp;31, 2019 compared to 2018, this was partially offset by higher sales volumes at
Domlec due to the completion of hurricane restoration in 2018. Emera Maine&#146;s contribution decreased in Q4 2019 due to an unfavourable transmission revenue adjustment. Emera Maine&#146;s contribution increased for the year ended
December&nbsp;31, 2019 compared to 2018 due to increased capitalized construction overheads. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The foreign exchange rate had minimal impact for the three months ended
December&nbsp;31, 2019 and increased adjusted CAD earnings by $2&nbsp;million for the year ended December&nbsp;31, 2019. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Operating Revenues &#150; Regulated
Electric </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Operating revenues were consistent in Q4 2019 compared to Q4 2018. Lower sales at GBPC as a result of the impact of Hurricane Dorian were offset by
increased sales volumes at Domlec and increased fuel revenue at ECI due to higher oil prices. For the year ended December&nbsp;31, 2019, revenues decreased $13&nbsp;million to $561&nbsp;million compared to $574&nbsp;million in 2018 due to lower
sales </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">at GBPC as a result of the impact of Hurricane Dorian and at Emera Maine there were lower stranded cost rates, unfavourable transmission revenue adjustments
and lower transmission pool revenue as a result of lower rates. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Electric revenues and sales volumes are summarized in the following tables by customer class: </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Electric Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions of USD</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>63</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">68</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>140</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">140</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other revenue includes amounts recognized relating to Emera Maine&#146;s FERC transmission rate refunds and other
transmission revenue adjustments. </P></TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Electric Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions of USD</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>207</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">202</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>256</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">270</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>65</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">67</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>561</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">574</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other revenue includes amounts recognized relating to Emera Maine&#146;s FERC transmission rate refunds and other
transmission revenue adjustments. </P></TD></TR></TABLE></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
<DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Electric Sales Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>329</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">331</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>376</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">378</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>120</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">110</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>832</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">826</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Electric Sales Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,280</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,273</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,492</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,517</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>464</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">438</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>26</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,262</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,255</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>40</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulated Fuel for Generation and Purchased Power </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Regulated fuel for generation and purchased power increased $3&nbsp;million to $58&nbsp;million in Q4 2019, compared to $55&nbsp;million in Q4 2018 due to higher oil
prices at ECI, partially offset by lower generation at GBPC as a result of Hurricane Dorian. For the year ended December&nbsp;31, 2019, regulated fuel for generation and purchased power decreased $9&nbsp;million to $216&nbsp;million compared to
$225&nbsp;million in 2018 due to lower generation at GBPC as a result of Hurricane Dorian and the expiration of a major purchased power contract at Emera Maine, partially offset by increased volumes at Domlec. </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Production Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Oil</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>332</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">335</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Hydro</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Solar</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased Power</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>351</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">354</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="padding-bottom:6pt ;"><FONT STYLE="font-family:ARIAL; font-size:8pt"><B>Q4 Average Fuel Costs</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B></B>US dollars<B></B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dollars per MWh</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>135</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">127</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="14" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">&nbsp;&nbsp;Production volumes and average fuel costs relate to ECI only. </P></TD></TR></TABLE>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Production Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">GWh</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Oil</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,338</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,330</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Hydro</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Solar</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased Power</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,411</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,398</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="padding-bottom:6pt ;"><FONT STYLE="font-family:ARIAL; font-size:8pt"><B>Annual Average Fuel Costs</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">US dollars</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dollars per MWh</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>125</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">131</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Average fuel cost per MWh increased in Q4 2019 compared to Q4 2018 due to higher oil prices at ECI and decreased for the
year ended December&nbsp;31, 2019 compared to 2018 due to lower average oil prices at ECI. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulatory Recovery Mechanisms </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Emera Maine </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s distribution operations
and stranded cost recoveries are regulated by the MPUC. The transmission operations are regulated by the FERC. Rates for these three elements are established in distinct regulatory proceedings. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s distribution businesses operate under a traditional <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">cost-of-service</FONT></FONT>
regulatory structure, and distribution rates are set by the MPUC. For stranded cost recoveries, Emera Maine is permitted to recover all prudently incurred stranded costs resulting from the industry restructuring in 2000 that could not be mitigated
or that arose as a result of rate and accounting orders issued by the MPUC. Emera Maine&#146;s transmission businesses operate based on formulas utilizing prior year actual transmission investments and operating costs. Emera Maine collects revenue
for its bulk transmission assets from ISO New England. Emera Maine is also required to contribute toward the total cost of ISO New England pool transmission facilities on a ratable basis according to the proportion of total New England load that its
customers represent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">BLPC </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">BLPC is regulated by the
Fair Trading Commission, an independent regulator. Rates are set to recover prudently incurred costs of providing electricity service to customers plus an appropriate return on capital invested. BLPC&#146;s fuel costs flow through a fuel
pass-through mechanism which provides opportunity to recover all prudently incurred fuel costs from customers in a timely manner. The FTC approves the calculation of the fuel charge, which is adjusted on a monthly basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">GBPC </FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">GBPC is regulated by the GBPA. Rates are set to
recover prudently incurred costs of providing electricity service to customers plus an appropriate return on rate base. GBPC&#146;s fuel costs flow through a fuel pass-through mechanism which provides the opportunity to recover all prudently
incurred fuel costs from customers in a timely manner. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">GBPC maintains insurance for its generation facilities. As with most utilities, its transmission and
distribution networks are self-insured. It is currently estimated that Hurricane Dorian restoration costs for GBPC self-insured assets will be approximately $15&nbsp;million USD. In January 2020, the GBPA approved the recovery of these costs through
rates over a five-year period. Approximately $12&nbsp;million USD of these estimated costs were incurred in 2019, and recorded as a regulatory asset. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>41</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As a result of Hurricane Matthew in 2016, a regulatory asset was established to recover associated restoration costs. In
addition, in December 2016, the GBPA approved that the <FONT STYLE="white-space:nowrap">all-in</FONT> rate for electricity (fuel and base rates) would be held at 2016 levels over the five-year period from 2017 through 2021. This is achievable as the
company&#146;s fuel costs over this period are forecasted to decrease. Fuel costs are managed through a fuel hedging program which allows predictability of these costs. Any over-recovery of fuel costs during this period will be applied to the
Hurricane Matthew regulatory asset, until such time as the asset is recovered. Should GBPC recover funds in excess of the Hurricane Matthew regulatory asset, the excess will be placed in a new storm reserve. If the Hurricane Matthew deferral is not
fully recovered at the end of five years, GBPC will have the opportunity to request recovery from customers in future rates. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As a component of its regulatory
agreement, GBPC has an Earnings Share Mechanism to allow for earnings on rate base to be deferred to a regulatory asset or liability at the rate of 50&nbsp;per cent of amounts below a 7.44&nbsp;per cent return on rate base and 50&nbsp;per cent of
amounts above 9.44&nbsp;per cent return on rate base respectively. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Domlec </FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Domlec is regulated by the Independent Regulatory Commission, Dominica. Rates are set to recover prudently incurred costs of providing electricity service to customers
plus an appropriate return on rate base. Substantially all of Domlec fuel costs flow through a fuel pass-through mechanism which provides opportunity to recover prudently incurred fuel costs from customers in a timely manner. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GAS UTILITIES AND INFRASTRUCTURE </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All amounts are
reported in USD, unless otherwise stated. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three months ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars (except per share amounts)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues &#150; regulated gas <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>228</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>832</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">835</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues &#150;
<FONT STYLE="white-space:nowrap">non-regulated</FONT></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>231</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">236</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>844</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">848</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated cost of natural gas</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">91</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>264</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">300</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>17</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated net income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>139</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">107</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated net income &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>183</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">136</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">After-tax</FONT> derivative <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">34</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>139</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">106</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">42</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>183</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">135</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated earnings per common share
&#150; basic &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.21</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated earnings per common share &#150; basic
&#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.21</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income weighted average foreign exchange rate &#150;
CAD/USD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.31</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.29</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>84</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">81</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>311</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">295</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted EBITDA &#150; CAD</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>114</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">107</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>413</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">381</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Operating revenues &#150; regulated gas includes $11&nbsp;million of finance income from Brunswick Pipeline (2018 &#150;
$13 million) for the three months ended December&nbsp;31, 2019 and $45&nbsp;million (2018 &#150; $44 million) for the year ended December&nbsp;31, 2019, however, it is excluded from the gas revenues analysis below. </P></TD></TR></TABLE>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure&#146;s adjusted contribution is summarized in the following table: </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three months ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">PGS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">47</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NMGC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to adjusted
consolidated net income</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;35</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>139</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">107</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>42</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Net Income </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Highlights of the
net income changes are summarized in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income &#150; 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>106</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased gas operating revenues net of recognition of tax reform benefits &#150; see Operating Revenues
&#150; Regulated Gas below</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased cost of natural gas sold &#150; see Regulated Cost of Natural Gas below</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increased OM&amp;G expenses quarter-over-quarter due to higher operating cost at PGS. Year-over-year,
OM&amp;G expense also increased due to higher self-insurance and benefits expense in PGS and NMGC in 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased depreciation and amortization due to accelerated amortization of assets related to MGP
environmental remediation costs in 2018 at PGS and reduced PGS depreciation rates in 2019 related to the settlement agreement to net amortization of the MGP environmental regulatory asset and 2018 tax reform benefits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Recognition of tax benefit related to change in treatment of NOL carryforwards at NMGC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Recognition of tax reform benefits, net of tax, from January 2018 through June 2019 in NMGC, of which
$6&nbsp;million relates to 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net
income &#150; 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>139</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure&#146;s CAD contribution to consolidated net income increased $9&nbsp;million compared to Q4 2018. For the
year ended December&nbsp;31, 2019, Gas Utilities and Infrastructure&#146;s CAD contribution to consolidated net income increased $48&nbsp;million compared to 2018. Increases in both periods were due to favourable weather in New Mexico, customer
growth at PGS and lower depreciation and amortization at PGS. The year-over-year increase was also due to NMGC&#146;s recognition of $19&nbsp;million ($14&nbsp;million USD) of tax benefits in 2019. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The foreign exchange rate had minimal impact for the three months ended December&nbsp;31, 2019 and increased CAD earnings by $4&nbsp;million for the year ended 2019. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Operating Revenues &#150; Regulated Gas </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Beginning January&nbsp;1, 2019, as
approved by the FPSC, base rates at PGS were lowered to reflect the impact of tax reform, resulting in a $4&nbsp;million USD decrease in revenue in Q4 2019 and a $12&nbsp;million decrease for the year ended December&nbsp;31, 2019. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas Utilities and Infrastructure&#146;s operating revenues decreased $5&nbsp;million to $228&nbsp;million in Q4 2019, compared to $233&nbsp;million in Q4 2018. The
decrease was the result of lower <FONT STYLE="white-space:nowrap">off-system</FONT> sales at PGS, lower base rates at PGS reflecting the impact of tax reform and lower clause revenues in New Mexico, partially offset by customer growth in PGS. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2019, operating revenues decreased $3&nbsp;million to $832&nbsp;million, compared to $835&nbsp;million in 2018. The decrease was the
result of lower <FONT STYLE="white-space:nowrap">off-system</FONT> sales and lower base rates at PGS reflecting the impact of tax reform, and lower clause-related revenue at PGS and New Mexico due to lower cost of natural gas sold partially offset
by favourable weather in New Mexico, customer growth in PGS, and the NMPRC&#146;s approval of NMGC retaining tax reform benefits from January&nbsp;1, 2018 to June&nbsp;30, 2019. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>43</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas revenues and sales volumes are summarized in the following tables by customer class: </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Gas Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>109</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">116&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>63</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">60&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total <SUP
STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>217</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">220&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Gas Revenues </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions of US dollars</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>379</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">381&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>225</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">225&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>146</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">148&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total <SUP
STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>787</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">791&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
<DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Industrial includes sales to power generation customers. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other includes <FONT STYLE="white-space:nowrap">off-system</FONT> sales to other utilities and various other items.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Excludes $11&nbsp;million of finance income from Brunswick Pipeline (2018 &#150; $13 million).
</P></TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Industrial includes sales to power generation customers. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other includes <FONT STYLE="white-space:nowrap">off-system</FONT> sales to other utilities and various other items.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="19" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Excludes $45&nbsp;million of finance income from Brunswick Pipeline (2018 &#150; $44 million).
</P></TD></TR></TABLE></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Gas Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">Therms (millions)</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>138</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">141&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>225</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">214&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>376</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">339&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>88</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">72&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>827</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">766&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Gas Volumes </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">Therms (millions)</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>413</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">389&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>830</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">795&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,482</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,338&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>317</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">269&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,042</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,791&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulated Cost of Natural Gas </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PGS and NMGC purchase gas from various suppliers depending on the needs of their customers. In Florida, gas is delivered to the PGS distribution system through three
interstate pipelines on which PGS has firm transportation capacity for delivery by PGS to its customers. NMGC&#146;s natural gas is transported on major interstate pipelines and NMGC&#146;s intrastate transmission system to customers. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Florida, natural gas service is unbundled for <FONT STYLE="white-space:nowrap">non-residential</FONT> customers and residential customers who use more than 1,999
therms annually and elect the option. In New Mexico, NMGC is required to provide transportation-only services for all customer classes if requested. Because the commodity portion of bundled sales is included in operating revenues, at the cost of the
gas on a pass-through basis, there is no net earnings effect when a customer shifts to transportation-only sales. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Regulated cost of natural gas decreased
$15&nbsp;million to $76&nbsp;million in Q4 2019, compared to $91&nbsp;million in Q4 2018. For the year ended December&nbsp;31, 2019, regulated cost of natural gas decreased $36&nbsp;million to $264&nbsp;million in Q4 2019, compared to
$300&nbsp;million in 2018. The decrease in both periods was due to lower commodity costs in PGS and New Mexico and lower PGS off-system sales volume. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas sales by
type are summarized in the following table: </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Q4 Gas Volumes by Type </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">Therms (millions)</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">System supply</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>235</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">242&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>592</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">524&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>827</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">766&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Annual Gas Volumes by Type </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">Therms (millions)</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">System supply</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>754</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">745&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,288</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,046&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,042</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,791&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> </div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>44</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulatory Recovery Mechanisms </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">PGS </FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PGS is regulated by the FPSC. The FPSC sets rates at
a level that allows utilities such as PGS to collect total revenues or revenue requirements equal to their cost of providing service, plus an appropriate return on invested capital. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B><I>Other Cost Recovery </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Fuel Recovery Clause </B></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PGS recovers the costs it pays for gas supply and interstate transportation for system supply through its purchased gas adjustment (&#147;PGA&#148;) clause. This clause
is designed to recover actual costs incurred by PGS for purchased gas, gas storage services, interstate pipeline capacity, and other related items associated with the purchase, distribution, and sale of natural gas to its customers. These charges
may be adjusted monthly subject to a cap approved annually by the FPSC. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Other Cost Recovery Clauses </B></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The FPSC annually approves cost-recovery rates for conservation costs including a return on capital invested incurred in developing and implementing energy conservation
programs. PGS has a Cast Iron/Bare Steel Pipe Replacement clause to recover the cost of accelerating the replacement of cast iron and bare steel distribution lines in the PGS system. As part of the depreciation study settlement agreement approved by
the FPSC in February 2017, the Cast Iron/Bare Steel clause was expanded to allow recovery of accelerated replacement of certain obsolete plastic pipe. PGS projects to have all cast iron and bare steel pipe removed from its system by 2022, with the
replacement of obsolete plastic pipe continuing until 2028 under the rider. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>NMGC </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NMGC is subject to regulation by the NMPRC. The NMPRC sets rates at a level that allows NMGC to collect total revenues equal to its cost of providing service, plus an
appropriate return on invested capital. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B><I>Other Cost Recovery </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Fuel Recovery Clause </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NMGC recovers gas supply costs through a purchased gas
adjustment clause (&#147;PGAC&#148;). This clause recovers NMGC&#146;s actual costs for purchased gas, gas storage services, interstate pipeline capacity, and other related items associated with the purchase, distribution, and sale of natural gas to
its customers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On a monthly basis, NMGC can adjust charges based on next month&#146;s expected cost of gas and any prior month under-recovery or over-recovery. NMGC
must file a PGAC Continuation Filing with the NMPRC every four years to establish that continued use of the PGAC is reasonable and necessary. In December 2016, NMGC received approval of its PGAC Continuation Filing for the four-year period ending
December 2020. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Weather Normalization Mechanism </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In July 2019, the NMPRC
approved changes to the company&#146;s rate design to include a Weather Normalization Mechanism. This clause is designed to lower the variability of weather impacts during the annual October through April heating season. The Weather Normalization
Mechanism will make customer rates and company revenue more predictable by partially removing the impact of warmer than usual or colder than usual weather. Weather-related revenue increases or decreases experienced from October to April will be
adjusted annually in October of the following heating season. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>45</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OTHER </B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars (except per share amounts)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Marketing and trading margin <SUP STYLE="font-size:85%; vertical-align:top">(1) (2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">42</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">115</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Electricity and capacity sales <SUP STYLE="font-size:85%; vertical-align:top">(3) (4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">132</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>118</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">445</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other <FONT STYLE="white-space:nowrap">non-regulated</FONT> operating
revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">47</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating revenues &#150;
<FONT STYLE="white-space:nowrap">non-regulated</FONT></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">186</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>180</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">607</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Intercompany revenue
<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT> fuel for
generation and purchased power <SUP STYLE="font-size:85%; vertical-align:top">(4) (6)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">68</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>68</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">238</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating, maintenance and general</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>27</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">76</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>130</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">206</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Depreciation and amortization</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">34</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>81</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">92</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>337</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">363</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated net income (loss)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(28</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(286</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(153</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">After-tax</FONT> derivative <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain (loss)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>81</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">67</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated net income (loss)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(213</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(109</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted contribution to consolidated earnings per common share
&#150; basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(0.24</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1.19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.66</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contribution to consolidated earnings per common share &#150;
basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.09</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.17</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(0.89</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(0.47</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted EBITDA</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">50</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">198</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Marketing and trading margin represents EES&#146;s purchases and sales of natural gas and electricity, pipeline and
storage capacity costs and energy asset management services&#146; revenues. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Marketing and trading margin excludes a <FONT STYLE="white-space:nowrap">pre-tax</FONT> <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain of $119&nbsp;million in Q4 2019 (2018 &#150; $87&nbsp;million gain) and a gain of $100&nbsp;million for the year ended December&nbsp;31,2019 (2018 &#150; $16&nbsp;million gain).
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Electricity and capacity sales exclude a <FONT STYLE="white-space:nowrap">pre-tax</FONT> <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">mark-to-market</FONT></FONT> loss of nil in Q4 2019 (2018 &#150; $10&nbsp;million gain) and a gain of $2&nbsp;million for the year ended December&nbsp;31, 2019 (2018 &#150; $38&nbsp;million gain). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">On March&nbsp;29, 2019, Emera completed the sale of the NEGG facilities. Refer to the &#147;Developments&#148; section for
further details. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Intercompany revenue consists of interest from Brunswick Pipeline and M&amp;NP. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left"><FONT STYLE="white-space:nowrap">Non-regulated</FONT> fuel for generation and purchased power excludes a <FONT
STYLE="white-space:nowrap">pre-tax</FONT> <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> loss of $1&nbsp;million in Q4 2019 (2018 &#150; nil) and a $2&nbsp;million loss or the year ended
December&nbsp;31, 2019 (2018 &#150; $5&nbsp;million gain). </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Other&#146;s adjusted contribution is summarized in the following table: </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three months ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Energy</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">120</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Corporate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(75</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(67</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(322</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(269</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Adjusted contribution to consolidated net income
(loss)</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(286</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(153</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Mark-to-Market</FONT></FONT> Adjustments </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Energy&#146;s &#147;Marketing and trading margin&#148;, &#147;Electricity and capacity sales&#148;, <FONT STYLE="white-space:nowrap">&#147;Non-regulated</FONT> fuel
for generation and purchased power&#148;, &#147;Income from equity investments&#148; and &#147;Income tax expense (recovery)&#148; are affected by MTM adjustments. Management believes excluding the effect of MTM valuations, and changes thereto, from
income until settlement better matches the financial effect of these contracts with the underlying cash flows. Variance explanations of the MTM changes for this quarter and for the year are explained in the chart below. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Energy has a number of asset management agreements (&#147;AMA&#148;) with counterparties, including local gas distribution utilities, power utilities and natural
gas producers in northeastern North America. The AMAs involve Emera Energy buying or selling gas for a specific term, and the corresponding release of the counterparties&#146; gas transportation/storage capacity to Emera Energy. MTM adjustments on
these AMAs arise on the price differential between the point where gas is sourced and where it is delivered. At inception, the MTM adjustment is offset fully by the value of the corresponding gas transportation asset, which is amortized over the
term of the AMA contract. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>46</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Subsequent changes in gas price differentials, to the extent they are not offset by the accounting amortization of the
gas transportation asset, will result in MTM gains or losses recorded in income. MTM adjustments may be substantial during the term of the contract, especially in the winter months of a contract when delivered volumes and market volatility are
usually at peak levels. As a contract is realized, and volumes reduce, MTM volatility is expected to decrease. Ultimately, the gas transportation asset and the MTM adjustment reduce to zero at the end of the contract term. As the business grows, and
AMA volumes increase, MTM volatility resulting in gains and losses may also increase. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Net Income </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Highlights of the net income changes are summarized in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Three&nbsp;months&nbsp;ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year ended</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>December&nbsp;31<B></B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="padding-bottom:1pt ;"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income (loss) &#150; 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(109</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="padding-bottom:1pt ;"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased marketing and trading margin &#150; see Emera Energy below</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(84</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Impact of sale of NEGG and Bayside Power, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transaction costs related to the pending sale of Emera Maine, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased income tax recovery due to 2018 recognition of Florida state tax apportionment benefit</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreased income tax recovery quarter-over-quarter primarily due to the impact of effective state tax rates,
partially offset by increased losses before provision for income taxes. Year-over-year increased income tax recovery primarily due to increased losses before provision for income taxes partially offset by the impact of effective state tax
rates</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Corporate share of the unrecoverable loss on GBPC facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decrease in OM&amp;G</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gain on sale of property in Florida, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increased <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT>
gain, net of tax, quarter-over-quarter primarily due to change in existing positions on gas contracts, partially offset by higher amortization of gas transportation assets. Year-over-year increased <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gain, net of tax, due to changes in existing positions on gas contracts and a larger reversal of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT>
losses in 2019, compared to 2018, partially offset by higher amortization of gas transportation assets in 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B></B>8<B></B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Contribution to consolidated net income (loss) &#150;
2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(213</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Excluding the change in <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market,</FONT></FONT> Other&#146;s
contribution to consolidated net income decreased by $30&nbsp;million for Q4 2019, compared to Q4 2018. For the year ended December&nbsp;31, 2019, Other&#146;s contribution to consolidated net income decreased $133&nbsp;million compared to the same
period in 2018. The decrease in both periods was due to lower marketing and trading margin, the impact of the sale of NEGG and Bayside Power and the corporate share of the unrecoverable loss on GBPC&#146;s facilities, offset by decreased OM&amp;G.
The year-over-year decrease also included recognition of Florida state tax apportionment benefit in 2018 partially offset by the gain on sale of property in Florida. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Energy </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">EES derives revenue and earnings from the wholesale marketing
and trading of natural gas, electricity and other energy-related commodities and derivatives within the Company&#146;s risk tolerances, including those related to
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">value-at-risk</FONT></FONT> (&#147;VaR&#148;) and credit exposure. EES purchases and sells physical natural gas and electricity, the related transportation and transmission capacity
rights, and provides related energy asset management services. The primary market area for the natural gas and power marketing and trading business is northeastern North America, including the Marcellus and Utica shale supply areas. EES also
participates in the Florida, US Gulf Coast and Midwest/Central Canadian natural gas markets. Its counterparties include electric and gas utilities, natural gas producers, electricity generators and other marketing and trading entities. EES operates
in a competitive environment, and the business relies on knowledge of the region&#146;s energy markets, understanding of pipeline and transmission infrastructure, a network of counterparty relationships and a focus on customer service. EES manages
its commodity risk by limiting open positions, utilizing financial products to hedge purchases and sales, and investing in transportation capacity rights to enable movement across its portfolio. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>47</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#0033a1">Marketing and Trading Margin </FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Marketing and trading margin decreased $14&nbsp;million to $28&nbsp;million in Q4 2019, compared to $42&nbsp;million in Q4 2018. For the year ended December&nbsp;31,
2019, margin decreased $84&nbsp;million to $31&nbsp;million compared to $115&nbsp;million in 2018. The decrease in both periods was due to less favourable market conditions, specifically lower natural gas prices and volatility and higher fixed cost
commitments for gas transportation and storage assets in 2019, compared to 2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In March 2019, the Company completed the sale of Emera Energy&#146;s NEGG and
Bayside facilities. Refer to the &#147;Developments&#148; section for further details. </P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LIQUIDITY AND CAPITAL RESOURCES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company generates internally sourced cash from its various regulated and <FONT STYLE="white-space:nowrap">non-regulated</FONT> energy investments and select asset
sales. Utility customer bases are diversified by both sales volumes and revenues among customer classes. Emera&#146;s <FONT STYLE="white-space:nowrap">non-regulated</FONT> businesses provide diverse revenue streams and counterparties to the
business. Circumstances that could affect the Company&#146;s ability to generate cash include general economic downturns in markets served by Emera, the loss of one or more large customers, regulatory decisions affecting customer rates and the
recovery of regulatory assets and changes in environmental legislation. Cash flows generated from the sale of select assets are dependent on the market for the assets, acceptable pricing and the timing of the close of any sales. Emera&#146;s
subsidiaries are generally in a financial position to contribute cash dividends to Emera provided they do not breach their debt covenants, where applicable, after giving effect to the dividend payment, and maintain their credit metrics. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s future liquidity and capital needs will be predominately for working capital requirements, ongoing rate base investment, business acquisitions, greenfield
development, dividends and debt servicing. Emera has a $6.9&nbsp;billion capital investment plan over the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">2020-to-2022</FONT></FONT> period and the potential for additional capital
opportunities of $500&nbsp;million to $1&nbsp;billion over the forecast period. This plan includes significant rate base investments across the portfolio in renewable and cleaner generation, infrastructure modernization and customer-focused
technologies. Capital expenditures at the regulated utilities are subject to regulatory approval. Emera plans to use cash from operations, debt raised at the utilities and proceeds from the Emera Maine sale, to support normal operations, repayment
of existing debt and capital requirements. Debt raised at certain of the Company&#146;s utilities is subject to applicable regulatory approvals. Equity requirements in support of the Company&#146;s capital investment plan will predominantly be
funded in the equity capital markets through the dividend reinvestment plan and the issuance of common and preferred equity. Emera has credit facilities with varying maturities that cumulatively provide $3.2&nbsp;billion of credit. Refer to notes 22
and 24 in the consolidated financial statements for additional information regarding the credit facilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera believes its liquidity is adequate given the
Company&#146;s expected operating cash flows, capital expenditures, and related financing plans. </P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONSOLIDATED CASH FLOW HIGHLIGHTS
</B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Significant changes in the statements of cash flows between the years ended December&nbsp;31, 2019 and 2018 include: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$&nbsp;Change</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents and restricted cash, beginning of period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>372</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">503</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(131</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Provided by (used in):</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating cash flow before changes in working capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,598</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,806</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(208</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in working capital</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)</B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(116</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,525</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,690</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,617</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,190</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">573</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Financing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">344</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(330</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Effect of exchange rate changes on cash and cash equivalents</P></TD>

<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)</B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(45</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents, restricted cash and cash included in
assets held for sale, end of period</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>274</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">372</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(98</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>48</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Cash Flow from Operating Activities </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Net cash provided by operating activities decreased $165&nbsp;million to $1,525&nbsp;million for the year ended December&nbsp;31, 2019, compared to $1,690&nbsp;million
for the same period in 2018. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Cash from operations before changes in working capital decreased $208&nbsp;million in 2019. The decrease was due to lower marketing and
trading margin at EES and lower earnings from Emera Energy Generation as a result of the sale of NEGG. These were partially offset by higher revenue collected for the <FONT STYLE="white-space:nowrap">in-service</FONT> of solar generation projects
and lower under-recovery from customers on clause related costs at Tampa Electric. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Changes in working capital increased operating cash flows by $43&nbsp;million. The
increase was due to a refund of $146&nbsp;million ($109&nbsp;million USD) of alternative minimum tax credit carryforwards in April 2019. This was partially offset by unfavourable changes in cash collateral at NSPI and increased investment in fuel
inventory at NSPI. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Cash Flow Used in Investing Activities </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Net cash used
in investing activities decreased $573&nbsp;million to $1,617&nbsp;million for the year ended December&nbsp;31, 2019, compared to $2,190&nbsp;million in 2018. In 2019, Emera received proceeds of $875&nbsp;million on dispositions, primarily from the
sale of the NEGG and Bayside facilities. These proceeds were partially offset by an increase in capital expenditures. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Capital expenditures for the year ended
December&nbsp;31, 2019, including AFUDC, were $2,516&nbsp;million compared to $2,178&nbsp;million in 2018. Details of the 2019 capital spend by segment are shown below: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$1,414&nbsp;million &#150; Florida Electric Utility (2018 &#150; $1,235 million); </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$389&nbsp;million &#150; Canadian Electric Utilities (2018 &#150; $350 million); </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$200&nbsp;million &#150; Other Electric Utilities (2018 &#150; $190 million); </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$450&nbsp;million &#150; Gas Utilities and Infrastructure (2018 &#150; $332 million); and </P></TD></TR></TABLE>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">$63&nbsp;million &#150; Other (2018 &#150; $71 million). </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Cash Flow from Financing Activities </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Net cash provided by financing activities
decreased $330&nbsp;million to $14&nbsp;million for the year ended December&nbsp;31, 2019, compared to $344&nbsp;million for the same period in 2018. The decrease was due to repayment of corporate long-term debt, repayments at NSPI, a 2018 preferred
share issuance and net repayment of committed credit facilities at NMGC. These were partially offset by proceeds from Emera&#146;s <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit facilities, issuance of long-term debt at NSPI and NMGC
in 2019, the 2018 repayment of debt at TECO Finance, net borrowings from credit facilities by TEC and proceeds from Emera&#146;s ATM program. </P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>WORKING CAPITAL </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019,
Emera&#146;s cash and cash equivalents were $222&nbsp;million (2018 &#150; $316 million) and Emera&#146;s investment in <FONT STYLE="white-space:nowrap">non-cash</FONT> working capital was $566&nbsp;million (2018 &#150; $449 million). Of the cash
and cash equivalents held at December&nbsp;31, 2019, $208&nbsp;million was held by Emera&#146;s foreign subsidiaries (2018 &#150; $280 million). A portion of these funds are invested in countries that have certain exchange controls, required
approvals, and processes for repatriation. Such funds remain available to fund local operating and capital requirements unless repatriated. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>49</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONTRACTUAL OBLIGATIONS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, contractual commitments for each of the next five years and in aggregate thereafter consisted of the following: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="79%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2020</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2021</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2022</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2023</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2024</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Thereafter</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term debt principal <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">550</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,665</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">512</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">831</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">987</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,261</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14,806</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest payment obligations <SUP STYLE="font-size:85%; vertical-align:top">(2) (3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">667</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">621</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">583</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">558</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">536</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7,039</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,004</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power <SUP STYLE="font-size:85%; vertical-align:top">(4) (5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">210</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">237</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">246</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">249</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,228</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,403</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transportation <SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">514</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">398</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">340</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">281</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">264</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,517</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Pension and post-retirement obligations <SUP STYLE="font-size:85%; vertical-align:top">(7) (8)</SUP></P></TD>

<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">99</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">306</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">539</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capital projects <SUP STYLE="font-size:85%; vertical-align:top">(9)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">411</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">109</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">103</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">86</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">709</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fuel, gas supply and storage</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">466</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">133</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">622</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Asset retirement obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">360</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">408</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term service agreements <SUP STYLE="font-size:85%; vertical-align:top">(10) (11)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">100</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">278</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity investment commitments <SUP STYLE="font-size:85%; vertical-align:top">(12)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">240</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">240</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Leases and other <SUP STYLE="font-size:85%; vertical-align:top">(13)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">118</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">199</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Demand side management</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">41</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">122</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Convertible debentures</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,206</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,341</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,933</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,085</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,170</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23,133</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35,868</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As noted below, contractual obligations at December&nbsp;31, 2019 include amounts related to Emera Maine. On completion of the sale of
Emera Maine, all of the remaining future obligations related to these contractual commitments will be transferred to the buyer. Refer to the &#147;Developments&#148; section for additional information. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $518&nbsp;million related to Emera Maine ($49&nbsp;million in 2020; $107&nbsp;million in 2022; $11&nbsp;million
in 2023 and $351&nbsp;million thereafter). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Future interest payments are calculated based on the assumption that all debt is outstanding until maturity. For debt
instruments with variable rates, interest is calculated for all future periods using the rates in effect at December&nbsp;31, 2019, including any expected required payment under associated swap agreements. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $423&nbsp;million related to Emera Maine ($22&nbsp;million in 2020; $21&nbsp;million in 2021; $16&nbsp;million in
2022; $15&nbsp;million in 2023, $15&nbsp;million in 2024 and $334&nbsp;million thereafter). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Annual requirement to purchase electricity production from independent power producers or other utilities over varying
contract lengths. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $520&nbsp;million related to Emera Maine ($13&nbsp;million in 2020; $23&nbsp;million in 2021; $27&nbsp;million in
2022; $31&nbsp;million in 2023; $31&nbsp;million in 2024 and $395&nbsp;million thereafter). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Purchasing commitments for transportation of fuel and transportation capacity on various pipelines. </P></TD></TR></TABLE>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The estimated contractual obligation is calculated as the current legislatively required contributions to the registered
funded pension plans (excluding the possibility of <FONT STYLE="white-space:nowrap">wind-up),</FONT> plus the estimated costs of further benefit accruals contracted under NSPI&#146;s Collective Bargaining Agreement and estimated benefit payments
related to other unfunded benefit plans. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(8)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $65&nbsp;million related to Emera Maine ($3&nbsp;million in 2020; $3&nbsp;million in 2021; $3&nbsp;million in
2022; $4&nbsp;million in 2023; $4&nbsp;million in 2024 and $48&nbsp;million thereafter). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(9)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $345&nbsp;million of commitments related to Tampa Electric&#146;s solar and Big Bend Power Station modernization
projects. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(10)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Maintenance of certain generating equipment, services related to a generation facility and wind operating agreements,
outsourced management of computer and communication infrastructure and vegetation management. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(11)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $44&nbsp;million related to various long-term service agreements Emera Maine has entered into for IT maintenance
and vegetation management ($19&nbsp;million in 2020; $9&nbsp;million in 2021; $8&nbsp;million in 2022; and $8&nbsp;million in 2023). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(12)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Emera has a commitment to make equity contributions to the Labrador Island Link Limited Partnership.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(13)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes operating lease agreements for buildings, land, telecommunications services and rail cars, transmission rights
and investment commitments. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI has a contractual obligation to pay NSPML for the use of the Maritime Link over approximately 37 years from its
January&nbsp;15, 2018 <FONT STYLE="white-space:nowrap">in-service</FONT> date. The UARB approved payment for 2019 was $111&nbsp;million, subject to a $10&nbsp;million holdback and as at December&nbsp;31, 2019, $101&nbsp;million has been paid. The
UARB approved payment for 2020 is $145&nbsp;million, subject to a holdback of up to $10&nbsp;million. As part of NSPI&#146;s 2020-2022 fuel stability plan, rates have been set to include the $145&nbsp;million approved for 2020 and estimated amounts
of $164&nbsp;million and $162&nbsp;million for 2021 and 2022, respectively. These estimated amounts are subject to review and approval by the UARB. The timing and amounts payable to NSPML for the remainder of the
<FONT STYLE="white-space:nowrap">37-year</FONT> commitment period are dependent on regulatory filings with the UARB. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has committed to obtain certain
transmission rights for Nalcor Energy, if requested, to enable them to transmit energy which is not otherwise used in Newfoundland or Nova Scotia. This energy would be transmitted from Nova Scotia to New England energy markets beginning at first
commercial power of the Muskrat Falls hydroelectric generating facility and related transmission assets when Nalcor commences delivery of the NS Block, and continuing for 50 years. As transmission rights are contracted, Emera includes the
obligations within &#147;Leases and other&#148; in the above table. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>50</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FORECASTED GROSS CONSOLIDATED CAPITAL EXPENDITURES </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">2020 forecasted gross consolidated capital expenditures are as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Florida<BR>Electric&nbsp;Utility</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Canadian<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other&nbsp;Electric<BR>Utilities (1)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Gas</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Utilities and</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Infrastructure</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Generation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">New renewable generation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">412</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">412&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transmission</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">91</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">50</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">150&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Distribution</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">253</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">126</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">50</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">429&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gas transmission and distribution</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">709</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">709&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Facilities, equipment, vehicles, and other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">136</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">48</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">73</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">326&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;1,288</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;166</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;2,660&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">Includes approximately $25&nbsp;million related to Emera Maine expenditures in the first quarter only.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DEBT MANAGEMENT </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In
addition to funds generated from operations, Emera and its subsidiaries have, in aggregate, access to approximately $3.2&nbsp;billion committed syndicated revolving bank lines of credit in either CAD or USD per the table below. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="83%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Maturity</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Revolving<BR>Credit<BR>Facilities</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Utilized</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Undrawn&nbsp;&nbsp;<BR>and&nbsp;&nbsp;<BR>Available&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Inc. &#150; Operating and acquisition credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">June 2024</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Finance, Inc. &#150; in USD &#150; Operating credit facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">March&nbsp;2020&nbsp;&#150;&nbsp;March&nbsp;2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">505</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">395&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPI &#150; Operating credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">October 2024</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">600</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">312</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">288&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TEC &#150; in USD &#150; credit facilities <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">March 2021 &#150;&nbsp;March&nbsp;2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">550</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">349</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">201&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NMGC &#150; in USD &#150; Operating credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">March 2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">125</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">118&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Maine &#150; in USD &#150; Operating credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">February 2023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other &#150; in USD &#150; Operating credit facility</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Various</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">This facility is available for use by Tampa Electric and PGS. At December&nbsp;31, 2019, Tampa Electric had utilized
$258&nbsp;million USD and PGS had utilized $91&nbsp;million USD of the facility. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera and its subsidiaries have certain financial and other
covenants associated with their debt and credit facilities. Covenants are tested regularly, and the Company is in compliance with covenant requirements as at December&nbsp;31, 2019. Emera&#146;s significant covenant is listed below: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="82%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Financial&nbsp;Covenant</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Requirement</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>As at&nbsp;&nbsp;<BR>December&nbsp;31,&nbsp;2019&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Emera</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Syndicated credit facilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Debt&nbsp;to&nbsp;capital&nbsp;ratio&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Less&nbsp;than&nbsp;or&nbsp;equal&nbsp;to&nbsp;0.70&nbsp;to&nbsp;1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.59&nbsp;:&nbsp;1&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Recent significant financing activities for Emera and its subsidiaries are discussed below by segment: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Florida Electric Utilities </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On February&nbsp;6, 2020, TEC entered into a
$300&nbsp;million USD <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit agreement with a maturity date of February&nbsp;4, 2021. The credit agreement contains customary representations and warranties, events of default, financial and
other covenants and bears interest at LIBOR, prime rate or the federal funds rate, plus a margin. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;19, 2019, TEC increased its $325&nbsp;million USD
revolving credit facility by $75&nbsp;million USD to $400&nbsp;million USD. There were no other changes in commercial terms. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On July&nbsp;24, 2019, TEC completed a
$300&nbsp;million USD <FONT STYLE="white-space:nowrap">30-year</FONT> senior notes issuance. The notes bear interest at a rate of 3.625&nbsp;per cent and have a maturity date of June&nbsp;15, 2050. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>51</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Canadian Electric Utilities </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;25, 2019, NSPI amended its operating credit facility to extend the maturity from October 2023 to October 2024. All other terms of the agreement are the
same. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On August&nbsp;2, 2019, NSPI repaid a $95&nbsp;million debenture upon maturity. The debenture was repaid using its operating credit facility. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On April&nbsp;4, 2019, NSPI completed a $400&nbsp;million Series AB <FONT STYLE="white-space:nowrap">30-year</FONT> medium term notes issuance. The notes bear interest at
a rate of 3.57&nbsp;per cent and have a maturity date of April&nbsp;5, 2049. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Gas Utilities and Infrastructure </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;19, 2019, NMGC completed a $80&nbsp;million USD <FONT STYLE="white-space:nowrap">30-year</FONT> unsecured notes issuance. The notes bear interest at a
rate of 3.72&nbsp;per cent and have a maturity date of December&nbsp;15, 2049. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;19, 2019, NMGC completed a $15&nbsp;million USD <FONT
STYLE="white-space:nowrap">15-year</FONT> unsecured notes issuance. The notes bear interest at a rate of 3.24&nbsp;per cent and have a maturity date of December&nbsp;15, 2034. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On July&nbsp;31, 2019, New Mexico Gas Intermediate (&#147;NMGI&#148;) repaid a $50&nbsp;million USD note upon maturity. The note was repaid using cash on hand. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On May&nbsp;17, 2019, Emera Brunswick Pipeline amended the maturity date of its $250&nbsp;million Credit Agreement from February 2022 to May 2023. There were no other
material changes in commercial terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Electric Utilities </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On
December&nbsp;10, 2019, Emera Maine completed a securities issuance for $60&nbsp;million USD senior unsecured notes. The <FONT STYLE="white-space:nowrap">30-year</FONT> notes bear interest at a rate of 3.79&nbsp;per cent and will mature on
December&nbsp;10, 2049. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;16, 2019, Emera entered
into a $400&nbsp;million <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit agreement with a maturity date of December&nbsp;15, 2020. The credit agreement contains customary representations and warranties, events of default, financial and
other covenants and bears interest at Bankers Acceptance rates or prime rate advances, plus a margin. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;2, 2019, Emera&#146;s Series G
$225&nbsp;million 4.83&nbsp;per cent medium-term notes matured and were repaid. The notes were repaid using existing credit facilities. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On June&nbsp;14, 2019, Emera
US Finance LP repaid a $500&nbsp;million USD note upon maturity. The note was repaid using short-term investments, temporarily held from the sale of the NEGG facilities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On June&nbsp;13, 2019, Emera extended the maturity date of its $900&nbsp;million revolving credit facility from June 2020 to June 2024. There were no other significant
changes in commercial terms from the prior agreement. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;7, 2019, TECO Energy/Finance extended the maturity date of its $500&nbsp;million USD credit
facility from March&nbsp;8, 2019 to March&nbsp;5, 2020. There were no other significant changes in commercial terms from the prior agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CREDIT RATINGS </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera and its subsidiaries have
been assigned the following senior unsecured debt ratings: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="37%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="11%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="17%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Fitch</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>S&amp;P</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Moody&#146;s</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>DBRS&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Inc.</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;BBB&nbsp;(Stable)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">BBB (Negative)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Baa3 (Stable)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">N/A&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Energy/TECO Finance</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">BBB (Negative)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baa2&nbsp;(Positive)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">N/A&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TEC</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">A&nbsp;(Stable)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">BBB+ (Negative)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">A3 (Positive)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">N/A&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPI</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BBB+&nbsp;(Negative)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A&nbsp;(low)&nbsp;(Stable)&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;19, 2019, Moody&#146;s Investor Services affirmed its Baa2 senior unsecured ratings on TECO Energy/TECO Finance and
TEC&#146;s A3 senior unsecured ratings and changed its ratings outlook to positive from stable. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;29, 2019, DBRS Limited affirmed NSPI&#146;s A (low)
issuer and issue rating with a stable trend. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On June&nbsp;27, 2019, Moody&#146;s Investor Services affirmed Emera&#146;s Baa3 issuer and senior unsecured ratings and
Emera US Finance LP&#146;s Baa3 guaranteed senior unsecured rating and changed its ratings outlook to stable from negative. </P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>52</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On June&nbsp;13, 2019, Fitch Ratings assigned ratings and outlook for Emera for the first time. Emera was assigned a BBB
issuer default and senior unsecured rating with stable outlook. At the same time, Fitch Ratings assigned TEC an <FONT STYLE="white-space:nowrap">A-</FONT> issuer default rating and an A senior unsecured rating with stable outlook. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SHARE CAPITAL </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, Emera had 242.48&nbsp;million (2018 &#150; 234.12 million) common shares issued and outstanding. For the year ended December&nbsp;31, 2019,
8.36&nbsp;million common shares were issued (2018 &#150; 5.35 million) for net proceeds of $400&nbsp;million (2018 &#150; $215 million). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31,
2019, Emera had 41&nbsp;million preferred shares issued and outstanding (2018 &#150; 41 million). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On January&nbsp;7, 2020, Emera announced it would not redeem the
8,000,000 Cumulative Rate Reset First Preferred Shares, Series F Shares. The holders of the Series F Shares have the right, at their option, to convert all or any of their Series F Shares, on a <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">one-for-one</FONT></FONT> basis, into Cumulative Floating Rate First Preferred Shares, Series G of the Company on February&nbsp;15, 2020, or to continue to hold their Series F Shares. On February&nbsp;6, 2020, Emera
announced that, after having taken into account all conversion notices received from holders, no First Preferred Shares, Series F Shares would be converted into Cumulative Floating Rate First Preferred Shares, Series G Shares. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>PENSION FUNDING </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For funding purposes, Emera
determines required contributions to its largest defined benefit pension plans based on smoothed asset values. This reduces volatility in the cash funding requirement as the impact of investment gains and losses are recognized over a three-year
period. The cash required in 2020 for defined benefit pension plans is expected to be $44&nbsp;million (2019 &#150; $52 million). All pension plan contributions are tax deductible and will be funded with cash from operations. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s defined benefit pension plans employ a long-term strategic approach with respect to asset allocation, real return and risk. The underlying objective is to
earn an appropriate return, given the Company&#146;s goal of preserving capital within an acceptable level of risk for the pension fund investments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">To achieve the
overall long-term asset allocation, pension assets are managed by external investment managers per the pension plan&#146;s investment policy and governance framework. The asset allocation includes investments in the assets of Canadian and global
equities, domestic and global bonds and short-term investments. Emera reviews investment manager performance on a regular basis and adjusts the plans&#146; asset mixes as needed in accordance with the pension plans&#146; investment policy. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s projected contributions to defined contribution pension plans only, are $34&nbsp;million for 2020, including $2&nbsp;million for a full year of contribution
for Emera Maine (2019 &#150; $34&nbsp;million actual). The actual contribution is expected to be lower depending on the timing of the pending sale of Emera Maine. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>DEFINED BENEFIT PENSION PLAN SUMMARY </B></FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">As&nbsp;at&nbsp;December&nbsp;31,&nbsp;2019&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Plans by region</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>TECO&nbsp;Energy</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Pension&nbsp;Plans</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>NSPI&nbsp;Pension</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Plans</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Emera&nbsp;Maine</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Pension&nbsp;Plans</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Caribbean<BR>Plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Assets as at December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,034</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;1,357</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;2,593&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accounting obligation at December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,094</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,491</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">222</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,822&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accounting expense during fiscal 2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B><FONT STYLE="white-space:nowrap">OFF-BALANCE</FONT> SHEET ARRANGEMENTS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DEFEASANCE </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Upon privatization in 1992, NSPI
became responsible for managing a portfolio of defeasance securities that provide principal and interest streams to match the related defeased debt, which at December&nbsp;31, 2019 totalled $740&nbsp;million (2018 &#150; $759 million). The
securities are held in trust for an affiliate of the Province of Nova Scotia. Approximately 80&nbsp;per cent of the defeasance portfolio consists of investments in the related debt, eliminating all risk associated with this portion of the portfolio;
the remaining defeasance portfolio has a market value higher than the related debt, reducing the future risk of this portion of the portfolio. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>53</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GUARANTEES AND LETTERS OF CREDIT </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has guarantees and letters of credit on behalf of third parties outstanding. The following significant guarantees and letters of credit are not included within the
Consolidated Balance Sheets as at December&nbsp;31, 2019: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">TECO Energy has issued a guarantee in connection with SeaCoast&#146;s performance of obligations under a
gas transportation precedent agreement. The guarantee is for a maximum potential amount of $45&nbsp;million USD if SeaCoast fails to pay or perform under the contract. The guarantee expires five years after the gas transportation precedent agreement
termination date, which is expected to terminate on January&nbsp;1, 2022. In the event that TECO Energy&#146;s and Emera&#146;s long-term senior unsecured credit ratings are downgraded below investment grade by Moody&#146;s or S&amp;P, TECO Energy
would be required to provide its counterparty a letter of credit or cash deposit of $27&nbsp;million USD. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has standby letters of credit and surety bonds
in the amount of $82&nbsp;million USD (December 31, 2018 &#150; $67&nbsp;million USD) to third parties that have extended credit to Emera and its subsidiaries. These letters of credit and surety bonds typically have a
<FONT STYLE="white-space:nowrap">one-year</FONT> term and are renewed annually as required. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc., on behalf of NSPI, has a standby letter of credit to secure
obligations under a supplementary retirement plan. The letter of credit expires in June 2020 and is renewed annually. The amount committed as at December&nbsp;31, 2019 was $52&nbsp;million (December 31, 2018 &#150; $49 million). </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DIVIDEND PAYOUT RATIO </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has provided annual
dividend growth guidance of four to five per cent through 2022. The Company targets a long-term dividend payout ratio of 70 to 75&nbsp;per cent, and while the payout ratio is likely to exceed that target in the forecast period, it is expected to
return to that range over time. Emera Incorporated&#146;s common share dividends paid in 2019 were $2.3750 ($0.5875 in Q1, Q2, and Q3 and $0.6125 in Q4) per common share and $2.2825 ($0.5650 in Q1, Q2, and Q3 and $0.5875 in Q4) per common share for
2018, representing a payout ratio of 91&nbsp;per cent of adjusted net income in 2019 and 79&nbsp;per cent in 2018. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;27, 2019, Emera&#146;s Board of
Directors approved an increase in the annual common share dividend rate from $2.35 to $2.45. The first quarterly dividend payment at the increased rate was paid on November&nbsp;15, 2019. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>TRANSACTIONS WITH RELATED PARTIES </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In the
ordinary course of business, Emera provides energy, construction and other services and enters into transactions with its subsidiaries, associates and other related companies on terms similar to those offered to
<FONT STYLE="white-space:nowrap">non-related</FONT> parties. Intercompany balances and intercompany transactions have been eliminated on consolidation, except for the net profit on certain transactions between
<FONT STYLE="white-space:nowrap">non-regulated</FONT> and regulated entities in accordance with accounting standards for rate-regulated entities. All material amounts are under normal interest and credit terms. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Significant transactions between Emera and its associated companies are as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Transactions between NSPI and NSPML related to the Maritime Link assessment are reported in the Consolidated Statements of
Income. NSPI&#146;s expense is reported in Regulated fuel for generation and purchased power, totalling $107&nbsp;million for the year ended December&nbsp;31, 2019 (2018 &#150; $97 million). NSPML is accounted for as an equity investment and
therefore, the corresponding earnings related to this revenue are reflected in Income from equity investments. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Refer to the &#147;Business Overview
and Outlook &#150; Canadian Electric Utilities &#150; ENL&#148; and &#147;Contractual Obligations&#148; sections for further details. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Natural gas transportation capacity purchases from M&amp;NP are reported in the Consolidated Statements of Income. Purchases
from M&amp;NP reported net in Operating revenues, <FONT STYLE="white-space:nowrap">Non-regulated,</FONT> totalled $63&nbsp;million for the year ended December&nbsp;31, 2019 (2018 &#150; $29 million). </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">There were no significant receivables or payables between Emera and its associated companies reported on Emera&#146;s Consolidated Balance Sheets as at December&nbsp;31,
2019 and at December&nbsp;31, 2018. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>54</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>ENTERPRISE RISK AND RISK MANAGEMENT </B></FONT></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has a business-wide risk management process, monitored by the Board of Directors, to ensure a consistent and coherent approach to risk management. Certain risk
management activities for Emera are overseen by the Enterprise Risk Management Committee to ensure such risks are appropriately assessed, monitored and controlled within predetermined risk tolerances established through approved policies. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s risk management activities are focused on those areas that most significantly impact profitability, quality and consistency of income, and cash flow.
In this section, Emera describes these principal risks that management believes could materially affect its business, revenues, operating income, net income, net assets, liquidity or capital resources. The nature of risk is such that no list is
comprehensive, and other risks may arise or risks not currently considered material may become material in the future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REGULATORY AND
POLITICAL RISK </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s rate-regulated subsidiaries and certain investments subject to significant influence are subject to risk of the recovery
of costs and investments. As <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">cost-of-service</FONT></FONT> utilities with an obligation to serve customers, Tampa Electric, PGS, NMGC, NSPI, Emera Maine, BLPC, GBPC, and Domlec must
obtain regulatory approval to change rates and/or riders from their respective regulators. Costs and investments can be recovered upon approval by the respective regulator as an adjustment to rates and/or riders, which normally requires a public
hearing process or may be mandated by other governmental bodies. The commercial and regulatory frameworks under which Emera and its subsidiaries operate can be impacted by changes in government and shifts in government policy. This includes
initiatives regarding deregulation or restructuring of the energy industry, which could occur as a result of climate change concerns. Emera also holds investments in entities in which it has significant influence and which are subject to regulatory
risk include NSPML, LIL, M&amp;NP and Lucelec. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Deregulation or restructuring of the electric industry may result in increased competition and unrecovered costs that
could adversely affect operations, net income and cash flows. Florida electric utilities, including Tampa Electric, have limited competition in their market for retail customers. A proposed constitutional initiative relating to electric utilities in
Florida was rejected by the Florida Supreme Court as misleading and will not be included on ballots for the November 2020 election. The proposed amendment to the Florida Constitution would have limited the business of investor-owned utilities to
construction, operation and repair of electrical transmission and distribution systems. It would have also granted customers of investor-owned utilities the right to generate electricity and to choose their electricity provider. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">During public hearing processes, consultants and customer representatives scrutinize the costs, actions and plans of these rate regulated companies, and their respective
regulators determine whether to allow recovery and to adjust rates based upon the evidence and any contrary evidence from other parties. In some circumstances, other government bodies may influence the setting of rates. The subsidiaries manage this
regulatory risk through transparent regulatory disclosure, ongoing stakeholder and government consultation and multi-party engagement on aspects such as utility operations, fuel-related audits, rate filings and capital plans. The subsidiaries employ
a collaborative regulatory approach through technical conferences and, where appropriate, negotiated settlements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Brunswick Pipeline has a <FONT
STYLE="white-space:nowrap">25-year</FONT> firm service agreement, expiring in 2034, with Repsol Energy Canada (&#147;REC&#148;). This firm service agreement was filed with the NEB, and provides for predetermined toll increases after the fifth and
fifteenth year of the contract. As a regulated Group II pipeline, the tolls of Brunswick Pipeline are regulated by the CER on a complaint basis. In the absence of a complaint, the CER does not normally undertake a detailed examination of Brunswick
Pipeline&#146;s tolls. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GLOBAL CLIMATE CHANGE RISK </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is subject to risks that arise or may arise from the impacts of climate change. There is increasing public concern about climate change and growing support
for reducing carbon emissions. City, state, provincial and federal governments have been setting policies and enacting laws and regulations to deal with climate change impacts in a variety of ways, including
<FONT STYLE="white-space:nowrap">de-carbonization</FONT> initiatives and promotion of cleaner energy and renewable energy generation of electricity. Refer to &#147;Changes in Environmental Legislation&#148;. Insurance companies have begun to limit
their exposure to coal-fired electricity generation, and are evaluating the medium and long-term impacts of climate change which may result in fewer insurers, more restrictive coverage and increased premiums. Refer to the &#147;Markets&#148; section
below and &#147;Uninsured Risk&#148;. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>55</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Climate change may lead to increased frequency and intensity of weather events and related impacts such as storms, ice
storms, hurricanes, cyclones, heavy rainfall, extreme winds, wildfires, flooding and storm surge. The potential impacts of climate change, such as rising sea levels and larger storm surges from more intense hurricanes, can combine to produce even
greater damage to coastal generation and other facilities. Climate change is also characterized by rising global temperatures. Increased air temperatures may bring increased frequency and severity of wildfires within the Company&#146;s service
territories. Refer to &#147;Weather Risk&#148; and &#147;System Operating and Maintenance Risks&#148;. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In response, the Company has made significant investments to
facilitate the use of renewable and lower-carbon energy including wind generation, the Maritime Link in Atlantic Canada, and solar generation and the modernization of the Big Bend Power Station in Florida. Since 2005, NSPI has reduced carbon
emissions by 35&nbsp;per cent, exceeding the 2030 reduction target of 30&nbsp;per cent set at the COP 21 Climate Conference, and expects to achieve a greater-than 50&nbsp;per cent reduction by 2030; nearly double the Government of Canada&#146;s
target set under the Paris Agreement. NSPI is on track to meet a provincially-mandated target of 40&nbsp;per cent renewable generation by 2020. Within Emera&#146;s natural gas utilities, there are ongoing efforts to reduce methane and carbon
emissions through replacement of aging infrastructure, more efficient operations, operational and supply chain optimization and support of public policy initiatives that address the effects of climate change. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s long-term capital investment plan includes significant investment across the portfolio in renewable and cleaner generation, infrastructure
modernization, storm hardening, energy storage and customer-focused technologies. All of these initiatives contribute toward mitigating the potential impacts of climate change. The Company continues to engage with government, regulators, industry
partners and stakeholders to share information and participate in the development of climate change related policies and initiatives. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Physical Impacts </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is subject to physical risks that arise, or may arise, from global climate change, including damage to operating assets from more frequent and intense weather
events and from wildfires due to warming air temperatures and increasing drought conditions. Substantially all of the Company&#146;s fossil fueled generation assets are located at coastal, or near coastal, sites and as such are exposed to the
separate and combined effects of rising sea levels and increasing storm intensity, including storm surges and flooding. Refer to &#147;Weather Risk&#148;. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These
risks are mitigated to an extent through features such as flood walls at certain plants and through the location of other plants on higher ground. Planned investments in under-grounding parts of the electricity infrastructure also contributes to
risk mitigation as does insurance coverage (for assets other than electricity transmission and distribution assets) and regulatory mechanisms for recovery of costs, such as storm reserves and regulatory deferral accounts to smooth out the recovered
costs of storm restoration over time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Reputation </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Failure to address
issues related to climate change could affect Emera&#146;s reputation with stakeholders, its ability to operate and grow, and the Company&#146;s access to, and cost of, capital. Refer to &#147;Liquidity and Capital Market Risk&#148;. The Company
seeks to mitigate this in part by moving away from higher-carbon generation in favour of lower-carbon generation and <FONT STYLE="white-space:nowrap">non-emitting</FONT> renewable generation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Markets </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Changing carbon-related costs, policy and regulatory changes and
shifts in supply and demand factors could lead to more expensive or more scarce products and services that are required by the Company in its operations. This could lead to supply shortages and delivery delays as well as the need to source alternate
products and services. The Company seeks to mitigate these risks through close monitoring of such developments and adaptive changes to supply chain procurement strategies. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Given concerns regarding carbon-emitting generation, those assets and businesses may, over time, become difficult (or uneconomic) to insure in commercial insurance
markets. In the short term this may be mitigated through increased investment in engineered protection or alternative risk financing (such as funded self-insurance or regulatory structures, including storm reserves). Longer-term mitigation may be
achieved through infrastructure siting decisions and further engineered protections. This risk is also mitigated through the continued transition away from high-carbon generation sources to sources with low or zero carbon emissions. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>56</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Policy </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Government and
regulatory initiatives, including greenhouse gas emissions standards, air emissions standards and generation mix standards, are being proposed and adopted in many jurisdictions in response to concerns regarding the effects of climate change. In some
jurisdictions, government policy has included timelines for mandated shutdowns of coal generating facilities, carbon pricing, emissions limits and cap and trade mechanisms. Over the medium and longer terms, this could potentially lead to a
significant portion of hydrocarbon infrastructure assets being subject to additional regulation and limitations in respect of GHG emissions and operations. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
Company is committed to compliance with all climate-related and environmental legislative and regulatory requirements. Such legislative and regulatory initiatives could adversely affect Emera&#146;s operations and financial performance over time.
Refer to &#147;Regulatory and Political Risk&#148; and &#147;Changes in Environmental Legislation&#148;. The Company seeks to mitigate these risks through active engagement with governments and regulators to pursue transition strategies that meet
the needs of customers, other stakeholders and the Company. This has included NSPI&#146;s participation in negotiated equivalency agreements in Nova Scotia to provide for an affordable transition over time to lower-carbon generation. Equivalency
agreements allow NSPI to achieve compliance with federal GHG emissions regulations by meeting provincial legislative and regulatory requirements as they are deemed to be equivalent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulatory </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Depending on the regulatory response to government legislation and
regulations, the Company may be exposed to the risk of reduced recovery through rates in respect of the affected assets. Valuation impairments could result from such regulatory outcomes. Mitigation efforts in respect of these risks include active
engagement with policy makers and regulators to find mechanisms to avoid such impacts while being responsive to customers&#146; and stakeholders&#146; objectives. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Legal </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company could, in the future, face litigation or regulatory action
related to environmental harms from carbon emissions or climate change public disclosure issues. The Company addresses these risks through compliance with all relevant laws, emissions reduction strategies and public disclosure of climate change
risks. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Water Resources </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For thermal plants requiring cooling water,
reduced availability of water resulting from climate change could adversely impact operations or the costs of operations. The Company seeks ways to reduce and recycle water as it does in its Polk power plant in Florida, where recovered and treated
wastewater is used in operations to reduce reliance on fresh water supplies in an area where water is not as abundant as in other markets. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company operates
hydroelectric generation in certain of its markets. Such generation depends on availability of water and the hydrological profile of water sources. Changes in precipitation patterns, water temperatures and ambient air temperatures could adversely
affect the availability of water and consequently the amount of electricity that may be produced from such facilities. The Company is reinvesting in the efficiency of certain of such facilities to increase generation capacity and continues to
monitor changing hydrology patterns. Such issues may also affect the availability of third party-owned hydroelectricity purchased power sources. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>WEATHER RISK </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is subject to risks that arise or may arise from weather including seasonal variations impacting energy
sales, more frequent and intense weather events, changing air temperatures, wildfires and extreme weather conditions associated with climate change. Refer to &#147;Global Climate Change Risk&#148;. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Fluctuations in the amount of electricity or natural gas used by customers can vary significantly in response to seasonal changes in weather and could impact the
operations, results of operations, financial condition and cash flows of the Company&#146;s utilities. For example, electrical utilities operating in the US Northeast or Atlantic Canada could see lower demand in winter months if temperatures are
warmer than expected. Further, extreme weather conditions such as hurricanes and other severe weather conditions associated with climate change could cause these seasonal fluctuations to be more pronounced. In the absence of a regulatory recovery
mechanism for unanticipated costs, such events could have an effect on the Company&#146;s results of operations, financial conditions or cash flows. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>57</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Extreme weather events create a risk of physical damage to the Company&#146;s assets. High winds can impact structures
and cause widespread damage to transmission and distribution infrastructure. Increased frequency and severity of weather events increases the likelihood that the duration of power outages and fuel supply disruptions could increase. Increased
intensity of flooding could adversely affect the operations of the Company&#146;s hydroelectric facilities. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Each of Emera&#146;s regulated electric utilities have
programs for storm hardening of transmission and distribution facilities to minimize damage, but there can be no assurance that these measures will fully mitigate the risk. This risk to transmission and distribution facilities is typically not
insured, and as such the restoration cost is generally recovered through regulatory processes, either in advance through reserves or designated self-insurance funds, or after the fact through the establishment of regulatory assets. Recovery is not
assured and is subject to prudency review. The risk to generation assets is, in part, mitigated through the design, siting, construction and maintenance of such facilities, regular risk assessments, engineered mitigation, emergency storm response
plans and insurance. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The risk of wildfires is addressed primarily through asset management programs for natural gas transmission and distribution operations, and
vegetation management programs for electric transmission and distribution facilities. If it is found to be responsible for such a fire, the Company could suffer costs, losses and damages, all or some of which may not be recoverable through
insurance, legal, regulatory cost recovery or other processes and could materially affect Emera&#146;s business and financial results including its reputation with customers, regulators, governments and financial markets. Resulting costs could
include fire suppression costs, regeneration, timber value, increased insurance costs and costs arising from damages and losses incurred by third parties. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CHANGES IN ENVIRONMENTAL LEGISLATION </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera is subject to regulation by federal, provincial, state, regional and local authorities with
regard to environmental matters, primarily related to its utility operations. This includes laws setting GHG emissions standards and air emissions standards. Emera is also subject to laws regarding waste management, wastewater discharges and aquatic
and terrestrial habitats. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2019, NSPI completed registration under the Nova Scotia
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Cap-and-Trade</FONT></FONT> Program Regulations. This provincial carbon pricing program meets the benchmark set by the Government of Canada. In the United States, in June 2019, the
Environmental Protection Agency issued the final Affordable Clean Energy (&#147;ACE&#148;) rule. The ACE rule establishes GHG emission guidelines for states to regulate GHG emissions from existing coal-fired electricity generating units. Individual
states continue to develop or administer GHG reduction initiatives. Changes to GHG emissions standards and air emissions standards could adversely affect Emera&#146;s operations and financial performance. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Legislative or regulatory changes could influence decisions regarding early retirement of generation facilities and may result in stranded costs if the Company is not
able to fully recover the costs and investment in the affected generation assets. Recovery is not assured and is subject to prudency review. In addition, these changes may curtail sales of natural gas to new customers, which could reduce future
customer growth in Emera&#146;s natural gas businesses. Stricter environmental laws and enforcement of such laws in the future could increase Emera&#146;s exposure to additional liabilities and costs. These changes could also affect earnings and
strategy by changing the nature and timing of capital investments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In addition to imposing continuing compliance obligations, there are permit requirements, laws and
regulations authorizing the imposition of penalties for <FONT STYLE="white-space:nowrap">non-compliance,</FONT> including fines, injunctive relief and other sanctions. The cost of complying with current and future environmental requirements is, and
may be, material to Emera. Failure to comply with environmental requirements or to recover environmental costs in a timely manner through rates could have a material adverse effect on Emera. In addition, Emera&#146;s business could be materially
affected by changes in government policy, utility regulation, and environmental and other legislation that could occur in response to environmental and climate change concerns. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera manages its environmental risk by operating in a manner that is respectful and protective of the environment and in compliance with applicable legal requirements
and Company policy. Emera has implemented this policy through the development and application of environmental management systems in its operating subsidiaries. Comprehensive audit programs are also in place to regularly test compliance. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>58</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CYBERSECURITY RISK </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera is exposed to potential risks related to cyberattacks and unauthorized access. The Company increasingly relies on information technology systems and network
infrastructure to manage its business and safely operate its assets; including controls for interconnected systems of generation, distribution and transmission as well as financial, billing and other business systems. Emera also relies on third
party service providers in order to conduct business. As the Company operates critical infrastructure, it may be at greater risk of cyberattacks by third parties, which could include nation-state controlled parties. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Cyberattacks can reach the Company&#146;s networks with access to critical assets and information via their interfaces with less critical internal networks or via the
public internet. Cyberattacks can also occur via personnel with direct access to critical assets or trusted networks. Methods used to attack critical assets could include general purpose or energy-sector-specific malware delivered via network
transfer, removable media, viruses, attachments or links in <FONT STYLE="white-space:nowrap">e-mails.</FONT> The methods used by attackers are continuously evolving and can be difficult to predict and detect. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Despite security measures in place, the Company&#146;s systems, assets and information could experience security breaches that could cause system failures, disrupt
operations or adversely affect safety. Such breaches could compromise customer, employee-related or other information systems and could result in loss of service to customers or the unavailability, release, destruction or misuse of critical,
sensitive or confidential information. These breaches could also delay delivery or result in contamination or degradation of hydrocarbon products the Company transports, stores or distributes. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Should such cyberattacks or unauthorized accesses materialize, the Company could suffer costs, losses and damages all, or some of which, may not be recoverable through
insurance, legal, regulatory cost recovery or other processes and could materially adversely affect Emera&#146;s business and financial results including its reputation and standing with customers, regulators, governments and financial markets.
Resulting costs could include, amongst others, response, recovery and remediation costs, increased protection or insurance costs and costs arising from damages and losses incurred by third parties. If any such security breaches occur, there is no
assurance that they can be adequately addressed in a timely manner. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company seeks to manage these risks by aligning to a common set of cybersecurity standards,
periodic security testing, program maturity objectives and strategy derived, in part, on the National Institute of Standards and Technology&#146;s Cyber Security Framework. With respect to certain of its assets, the Company is required to comply
with rules and standards relating to cybersecurity and information technology including, but not limited to, those mandated by bodies such as the North American Electric Reliability Corporation and Northeast Power Coordinating Council. The status of
key elements of the Company&#146;s cybersecurity program is reported to the Audit Committee on a quarterly basis. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>ENERGY CONSUMPTION RISK
</B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s rate-regulated utilities are affected by demand for energy based on changing customer patterns due to fluctuations in a number of factors
including general economic conditions, customers&#146; focus on energy efficiency and advancements in new technologies, such as rooftop solar, electric vehicles and battery storage. Government policies promoting distributed generation, and new
technology developments that enable those policies, have the potential to impact how electricity enters the system and how it is bought and sold. In addition, increases in distributed generation may impact demand resulting in lower load and
revenues. These changes could negatively impact Emera&#146;s operations, rate base, net earnings and cash flows. The Company&#146;s rate-regulated utilities are focused on understanding customer demand, energy efficiency and government policy to
ensure that the impact of these activities benefit customers, that they do not negatively impact the reliability of the energy service the utilities provide and that they are addressed through regulations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FOREIGN EXCHANGE RISK </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is exposed to
foreign currency exchange rate changes. Emera operates internationally, with an increasing amount of the Company&#146;s adjusted net income earned outside of Canada. As such, Emera is exposed to movements in exchange rates between the Canadian
dollar and, particularly, the US dollar, which could positively or adversely affect results. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Consistent with the Company&#146;s risk management policies, Emera
manages currency risks through matching US denominated debt to finance its US operations and may use foreign currency derivative instruments to hedge specific transactions and earnings exposure. The Company may enter into foreign exchange forward
and swap contracts to limit exposure on certain foreign currency transactions such as fuel purchases, revenues streams and capital expenditures, and on net income earned outside of Canada. The regulatory framework for the Company&#146;s
rate-regulated subsidiaries permits the recovery of prudently incurred costs, including foreign exchange. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>59</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company does not utilize derivative financial instruments for foreign currency trading or speculative purposes or to
hedge the value of its investments in foreign subsidiaries. Exchange gains and losses on net investments in foreign subsidiaries do not impact net income as they are reported in AOCI. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LIQUIDITY AND CAPITAL MARKET RISK </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Liquidity risk
relates to Emera&#146;s ability to ensure sufficient funds are available to meet its financial obligations. Emera manages this risk by forecasting cash requirements on a continuous basis to determine whether sufficient funds are available. Liquidity
and capital needs will be financed through internally generated cash flows, select asset sales, short-term credit facilities, and ongoing access to capital markets. Cash flows generated from the sale of select assets are dependent on the market for
the assets, acceptable pricing and the timing of the close of any sales. The Company reasonably expects liquidity sources to exceed capital needs. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s
access to capital and cost of borrowing is subject to a number of risk factors, including financial market conditions and ratings assigned by credit rating agencies. Disruptions in capital markets could prevent Emera from issuing new securities or
cause the Company to issue securities with less than preferred terms and conditions. Emera&#146;s growth plan requires significant capital investments in property, plant and equipment. Emera is subject to risk with changes in interest rates that
could have an adverse effect on the cost of financing. Inability to access cost-effective capital could have a material impact on Emera&#146;s ability to fund its growth plan. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera is subject to financial risk associated with changes in its credit ratings. There are a number of factors that rating agencies evaluate to determine credit ratings,
including the Company&#146;s business and regulatory framework, the ability to recover costs and earn returns, diversification, leverage, liquidity and increased exposure to climate change-related impacts, including increased frequency and severity
of hurricanes and other severe weather events. A decrease in a credit rating could result in higher interest rates in future financings, increase borrowing costs under certain existing credit facilities, limit access to the commercial paper market
or limit the availability of adequate credit support for subsidiary operations. Emera manages this risk by actively monitoring and managing key financial metrics with the objective of sustaining investment grade credit ratings. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has exposure to its own common share price through the issuance of various forms of stock-based compensation, which affect earnings through revaluation of the
outstanding units every period. The Company uses equity derivatives to reduce the earnings volatility derived from stock-based compensation, preferred share units and deferred share units. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INTEREST RATE RISK </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera utilizes a combination
of fixed and floating rate debt financing for operations and capital expenditures, resulting in an exposure to interest rate risk. Emera seeks to manage interest rate risk through a portfolio approach that includes the use of fixed and floating rate
debt with staggered maturities. The Company will, from time to time, issue long-term debt or enter into interest rate hedging contracts to limit its exposure to fluctuations in floating interest rate debt. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For Emera&#146;s regulated subsidiaries, the cost of debt is a component of rates and prudently incurred debt costs are recovered from customers. Regulatory ROE will
generally follow the direction of interest rates, such that regulatory ROE&#146;s are likely to fall in times of reducing interest rates and rise in times of increasing interest rates, albeit not directly and generally with a lag period reflecting
the regulatory process. Rising interest rates may also negatively affect the economic viability of project development and acquisition initiatives. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>EMERA ENERGY MARKETING AND TRADING </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The majority of Emera&#146;s portfolio of electricity and gas marketing and trading contracts and,
in particular, its natural gas asset management arrangements, are contracted on a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">back-to-back</FONT></FONT> basis, avoiding any material long or short commodity positions. However,
the portfolio is subject to commodity price risk, particularly with respect to basis point differentials between relevant markets, in the event of an operational issue or counterparty default. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>60</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">To measure commodity price risk exposure, Emera employs a number of controls and processes, including an estimated VaR
analysis of its exposures. The VaR amount represents an estimate of the potential change in fair value that could occur from changes in market factors within a given confidence level, if an instrument or portfolio is held for a specified time
period. The VaR calculation is used to quantify exposure to market risk associated with physical commodities, primarily natural gas and power positions. The Company&#146;s commercial arrangements, including the combination of supply and purchase
agreements, asset management agreements, pipeline transportation agreements and financial hedging instruments, as well as its credit policies, counterparty credit assessments, market and credit position reporting, and other risk management and
reporting practices, are all used to manage and mitigate this risk. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>COUNTERPARTY RISK </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera is exposed to risk related to its reliance on certain key partners, suppliers and customers. Emera is also exposed to potential losses related to amounts receivable
from customers, energy marketing collateral deposits and derivative assets due to a counterparty&#146;s <FONT STYLE="white-space:nowrap">non-performance</FONT> under an agreement. Emera manages this counterparty risk by monitoring significant
developments with its customers, partners and suppliers. The Company also manages credit risk with policies and procedures for counterparty analysis, exposure measurement, and exposure monitoring and mitigation. Credit assessments may be conducted
on new customers and counterparties, and deposits or collateral are requested on accounts as required. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>COUNTRY RISK </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Earnings outside of Canada constituted 61&nbsp;per cent (all from the US) of Emera&#146;s earnings in 2019 (2018 &#150; 69&nbsp;per cent, with 65&nbsp;per cent from the
US and 4&nbsp;per cent from the Caribbean). Emera&#146;s investments are currently in regions where political and economic risks are considered by the Company to be acceptable. Emera&#146;s operations in some countries may be subject to changes in
economic growth, restrictions on the repatriation of income or capital exchange controls, inflation, the effect of global health, safety and environmental matters, including climate change, or economic conditions and market conditions, and change in
financial policy and availability of credit. The Company mitigates this risk through a rigorous approval process for investment, and by forecasting cash requirements on a continuous basis to determine whether sufficient funds are available in all
affiliates. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>COMMODITY PRICE RISK </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">A large
portion of the Company&#146;s fuel supply comes from international suppliers and is subject to commodity price risk. The Company manages this risk through established processes and practices to identify, monitor, report and mitigate these risks.
Fuel contracts may be exposed to broader global conditions, which may include impacts on delivery reliability and price, despite contracted terms. The Company seeks to manage this risk through the use of financial hedging instruments and physical
contracts and through contractual protection with counterparties, where applicable. In addition, the adoption and implementation of fuel adjustment mechanisms in its rate-regulated subsidiaries has further helped manage this risk, as the regulatory
framework for the Company&#146;s rate-regulated subsidiaries permits the recovery of prudently incurred fuel costs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FUTURE EMPLOYEE
BENEFIT PLAN PERFORMANCE AND FUNDING RISK </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera subsidiaries have both defined benefit and defined contribution employee benefit plans that cover their
employees and retirees. All defined benefit plans are closed to new entrants, with the exception of the TECO Energy Group Retirement Plan. The cost of providing these benefit plans varies depending on plan provisions, interest rates, investment
performance and actuarial assumptions concerning the future. Actuarial assumptions include earnings on plan assets, discount rates (interest rates used to determine funding levels, contributions to the plans and the pension and post-retirement
liabilities) and expectations around future salary growth, inflation and mortality. Two of the largest drivers of cost are investment performance and interest rates, which are affected by global financial and capital markets. Depending on future
interest rates and actual versus expected investment performance, Emera could be required to make larger contributions in the future to fund these plans, which could affect Emera&#146;s cash flows, financial condition and operations. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Each of Emera&#146;s employee defined benefit pension plans are managed according to an approved investment policy and governance framework. Emera employs a long-term
approach with respect to asset allocation and each investment policy outlines the level of risk which the Company is prepared to accept with respect to the investment of the pension funds in achieving both the Company&#146;s fiduciary and financial
objectives. Studies are routinely undertaken every 3 to 5 years with the objective that the plans&#146; asset allocations are appropriate for meeting Emera&#146;s long-term pension objectives. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>61</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LABOUR RISK </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s ability to deliver service to its customers and to execute its growth plan depends on attracting, developing and retaining a skilled workforce. Utilities are
faced with demographic challenges related to trades, technical staff and engineers with an increasing number of employees expected to retire over the next several years. Failure to attract, develop and retain an appropriately qualified workforce
could adversely affect the Company&#146;s operations and financial results. Emera seeks to manage this risk through maintaining competitive compensation programs, a dedicated talent acquisition team, human resources programs and practices including
ethics and diversity training, employee engagement surveys, succession planning for key positions and apprenticeship programs. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Approximately 40&nbsp;per cent of
Emera&#146;s labour force is represented by unions and subject to collective labour agreements. The inability to maintain or negotiate future agreements on acceptable terms could result in higher labour costs and work disruptions, which could
adversely affect service to customers and have an adverse effect on the Company&#146;s earnings, cash flow and financial position. Emera seeks to manage this risk through ongoing discussions and working to maintain positive relationships with local
unions. The Company maintains contingency plans in each of its operations to manage and reduce the effect of any potential labour disruption. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INFORMATION TECHNOLOGY RISK </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera relies on
various information technology systems to manage operations. This subjects Emera to inherent costs and risks associated with maintaining, upgrading, replacing and changing these systems. This includes impairment of its information technology,
potential disruption of internal control systems, substantial capital expenditures, demands on management time and other risks of delays, difficulties in upgrading existing systems, transitioning to new systems or integrating new systems into its
current systems. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera manages this risk through IT asset lifecycle planning and management, governance, internal auditing and testing of systems, and executive
oversight. Employees with extensive subject matter expertise assist in risk identification and mitigation, project management, implementation and training. System resiliency, formal disaster recovery and backup processes, combined with critical
incident response practices, ensure that continuity is maintained in the event of any disruptions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INCOME TAX RISK </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The computation of the Company&#146;s provision for income taxes is impacted by changes in tax legislation in Canada, the United States and the Caribbean. Any such
changes could affect the Company&#146;s future earnings, cash flows, and financial position. The value of Emera&#146;s existing deferred tax assets and liabilities are determined by existing tax laws and could be negatively impacted by changes in
laws. Emera monitors the status of existing tax laws to ensure that changes impacting the Company are appropriately reflected in the Company&#146;s tax compliance filings and financial results. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SYSTEM OPERATING AND MAINTENANCE RISKS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The safe
and reliable operation of electric generation and electric and natural gas transmission and distribution systems is critical to Emera&#146;s operations. There are a variety of hazards and operational risks inherent in operating electric utilities
and natural gas transmission and distribution pipelines. Electric generation, transmission and distribution operations can be impacted by risks such as mechanical failures, activities of third parties, damage to facilities, solar panels and
infrastructure caused by hurricanes, storms, falling trees, lightning strikes, floods, fires and other natural disasters. Natural gas pipeline operations can be impacted by risks such as leaks, explosions, mechanical failures, activities of third
parties and damage to the pipelines facilities and equipment caused by hurricanes, storms, floods, fires and other natural disasters. Refer to &#147;Global Climate Change Risk&#148; and &#147;Weather Risk&#148;. Electric utility and natural gas
transmission and distribution pipeline operation interruption could negatively affect revenue, earnings, and cash flows as well as customer and public confidence. Emera&#146;s operations have significant capital projects that may require approvals
and permits at the federal, provincial, state, regional and local level. There can be no assurance that Emera will be able to obtain the necessary project approvals or applicable permits. Emera manages these risks by investing in a highly skilled
workforce, operating prudently, preventative maintenance and making effective capital investments. Insurance, warranties, or recovery through regulatory mechanisms may not cover any or all of these losses, which could adversely affect the
Company&#146;s results of operations and cash flows. </P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>62</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>UNINSURED RISK </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera and its subsidiaries maintain insurance to cover accidental loss suffered to its facilities and to provide indemnity in the event of liability to third parties.
This is consistent with Emera&#146;s risk management policies. Certain facilities, in particular coal and other thermal generation, may, over time, become more difficult (or uneconomic) to insure as a result of the impact of global climate change.
Refer to &#147;Global Climate Change Risk &#150; Markets&#148;. There are certain elements of Emera&#146;s operations which are not insured. These include a significant portion of its electric utilities&#146; transmission and distribution assets, as
is customary in the industry. The cost of this coverage is not economically viable. In addition, Emera accepts deductibles and self-insured retentions under its various insurance policies. Insurance is subject to coverage limits as well as time
sensitive claims discovery and reporting provisions and there can be no assurance that the types of liabilities or losses that may be incurred by the Company and its subsidiaries will be covered by insurance. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The occurrence of significant uninsured claims, claims in excess of the insurance coverage limits maintained by Emera and its subsidiaries, or claims that fall within a
significant self-insured retention could have a material adverse effect on Emera&#146;s results of operations, cash flows and financial position, if regulatory recovery is not available. A limited portion of Emera&#146;s property and casualty
insurance is placed with a wholly owned captive insurance company. If a loss is suffered by the captive insurer, it is not able to recover that loss other than through future premiums. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company mitigates its uninsured risk by ensuring that insurance limits align with risk exposures, and for uninsured assets and operations, that appropriate risk
assessments and mitigation measures are in place. The regulatory framework for the Company&#146;s rate-regulated subsidiaries permits the recovery of prudently incurred costs, including uninsured losses. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>RISK MANAGEMENT INCLUDING FINANCIAL INSTRUMENTS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s risk management policies and procedures provide a framework through which management monitors various risk exposures. The risk management policies and
practices are overseen by the Board of Directors. The Company has established a number of processes and practices to identify, monitor, report on and mitigate material risks to the Company. This includes establishment of the Enterprise Risk
Management Committee, whose responsibilities include preparing and updating a &#147;Risk Dashboard&#148; for the Board of Directors on a quarterly basis. Furthermore, a corporate team independent from operations is responsible for tracking and
reporting on market and credit risks. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company manages its exposure to normal operating and market risks relating to commodity prices, foreign exchange, interest
rates and share prices through contractual protections with counterparties where practicable, and by using financial instruments consisting mainly of foreign exchange forwards and swaps, interest rate options and swaps, equity derivatives, and coal,
oil and gas futures, options, forwards and swaps. In addition, the Company has contracts for the physical purchase and sale of natural gas. Collectively, these contracts and financial instruments are considered derivatives. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company recognizes the fair value of all its derivatives on its balance sheet, except for <FONT STYLE="white-space:nowrap">non-financial</FONT> derivatives that meet
the normal purchases and normal sales (&#147;NPNS&#148;) exception. A physical contract generally qualifies for the NPNS exception if the transaction is reasonable in relation to the Company&#146;s business needs, the counterparty owns or controls
resources within the proximity to allow for physical delivery, the Company intends to receive physical delivery of the commodity, and the Company deems the counterparty creditworthy. The Company continually assesses contracts designated under the
NPNS exception and will discontinue the treatment of these contracts under this exemption where the criteria are no longer met. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivatives qualify for hedge
accounting if they meet stringent documentation requirements and can be proven to effectively hedge the identified risk both at the inception and over the term of the instrument. Specifically, for cash flow hedges, the change in the fair value of
derivatives is deferred to AOCI and recognized in income in the same period the related hedged item is realized. Where the documentation or effectiveness requirements are not met any changes in fair value are recognized in net income in the
reporting period, unless deferred as a result of regulatory accounting. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>63</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivatives entered into by NSPI, NMGC and GBPC that are documented as economic hedges, and for which the NPNS exception
has not been taken, are subject to regulatory accounting treatment. These derivatives are recorded at fair value on the balance sheet as derivative assets or liabilities. The change in fair value of the derivatives is deferred to a regulatory asset
or liability. The gain or loss is recognized in the hedged item when the hedged item is settled in regulated fuel for generation and purchased power, inventory or property, plant and equipment, depending on the nature of the item being economically
hedged. Management believes any gains or losses resulting from settlement of these derivatives will be refunded to or collected from customers in future rates. Tampa Electric and PGS have no derivatives related to hedging as a result of a Florida
Public Service Commission approved five-year moratorium on hedging of natural gas purchases which ends on December&nbsp;31, 2022. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivatives that do not meet any of
the above criteria are designated as HFT and are recognized on the balance sheet at fair value. All gains or losses are recognized in net income of the period unless deferred as a result of regulatory accounting. The Company has not elected to
designate any derivatives to be included in the HFT category when another accounting treatment applies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>HEDGING ITEMS RECOGNIZED ON THE
BALANCE SHEETS </B></FONT></P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has the following categories on the balance sheet related to derivatives in valid hedging relationships: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instrument liabilities (current and long-term
liabilities)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net derivative instrument liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>HEDGING IMPACT RECOGNIZED IN NET INCOME </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company recognized gains (losses) related to the effective portion of hedging relationships under the following categories: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Year ended&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues &#150; regulated</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT> fuel for
generation and purchased power</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Effective net gains (losses)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The effective net gains (losses) reflected in the above table would be offset in net income by the hedged item realized in the period.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REGULATORY ITEMS RECOGNIZED ON THE BALANCE SHEETS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has the following categories on the balance sheet related to derivatives receiving regulatory deferral: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instrument assets (current and other assets)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">104</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets (current and other assets)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>80</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instrument liabilities (current and long-term liabilities)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities (current and long-term liabilities)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(42</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(115</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net asset (liability)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REGULATORY IMPACT RECOGNIZED IN NET INCOME </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company recognized the following net gains (losses) related to derivatives receiving regulatory deferral as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended&nbsp;&nbsp;<BR>December&nbsp;31&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel for generation and purchased power <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Realized gains (losses) on derivative instruments settled and consumed in the period, hedging relationships that have been
terminated or the hedged transaction is no longer probable. Realized gains (losses) recorded in inventory will be recognized in &#147;Regulated fuel for generation and purchased power&#148; when the hedged item is consumed. </P></TD></TR></TABLE>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>64</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>HFT ITEMS RECOGNIZED ON THE BALANCE SHEETS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has the following categories on the balance sheet related to HFT derivatives: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instrument assets (current and other assets)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">62</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instrument liabilities (current and long-term
liabilities)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(291</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(354</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net derivative instrument assets (liability)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(233</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(292</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">HELD-FOR-TRADING</FONT></FONT> ITEMS
RECOGNIZED IN NET INCOME </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has recognized the following realized and unrealized gains (losses) with respect to HFT derivatives in net income:
</P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Year ended&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT> operating revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>282</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">193&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT> fuel for generation and purchased power</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other income (expenses), net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>276</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">195&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OTHER DERIVATIVES RECOGNIZED ON THE BALANCE SHEETS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has the following categories on the balance sheet related to other derivatives: </P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31&nbsp;&nbsp;<BR>2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instrument assets (current and other assets)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net derivative instrument assets (liabilities)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OTHER DERIVATIVES RECOGNIZED IN NET INCOME </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company recognized in net income the following realized and unrealized gains (losses) related to other derivatives: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">For the</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Year ended</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating, maintenance and general</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DISCLOSURE AND INTERNAL CONTROLS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Management is responsible for establishing and maintaining adequate disclosure controls and procedures (&#147;DC&amp;P&#148;) and internal control over financial
reporting (&#147;ICFR&#148;), as defined in National Instrument <FONT STYLE="white-space:nowrap">52-109</FONT> Certification of Disclosure in Issuers&#146; Annual and Interim Filings (&#147;NI <FONT STYLE="white-space:nowrap">52-109&#148;).</FONT>
The Company&#146;s internal control framework is based on the criteria published in the Internal Control &#150; Integrated Framework (2013), a report issued by the Committee of Sponsoring Organizations (&#147;COSO&#148;) of the Treadway Commission.
Management, including the Chief Executive Officer and Chief Financial Officer, evaluated the design and effectiveness of the Company&#146;s DC&amp;P and ICFR as at December&nbsp;31, 2019 to provide reasonable assurance regarding the reliability of
financial reporting in accordance with USGAAP. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Management recognizes the inherent limitations in internal control systems, no matter how well designed. Control
systems determined to be appropriately designed can only provide reasonable assurance with respect to the reliability of financial reporting and may not prevent or detect all misstatements. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">There were no changes in the Company&#146;s ICFR, during the quarter ended December&nbsp;31, 2019, that have materially affected, or are reasonably likely to materially
affect, the Company&#146;s internal control over financial reporting. </P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>65</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CRITICAL ACCOUNTING ESTIMATES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The preparation of consolidated financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Management evaluates the Company&#146;s estimates on an ongoing basis
based upon historical experience, current conditions and assumptions believed to be reasonable at the time the assumption is made. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Significant areas requiring the
use of management estimates relate to rate-regulated assets and liabilities, pension and post-retirement benefits, unbilled revenue, useful lives for depreciable assets, goodwill and long-lived assets impairment assessments, income taxes, asset
retirement obligations, capitalized overhead and valuation of financial instruments. Actual results may differ significantly from these estimates. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>RATE REGULATION </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The rate-regulated accounting policies of Emera&#146;s rate regulated subsidiaries and regulated equity investments
are subject to examination and approval by their respective regulators and may differ from accounting policies for <FONT STYLE="white-space:nowrap">non-rate-regulated</FONT> companies. These accounting policy differences occur when the regulators
render their decisions on rate applications or other matters, and generally involve a difference in the timing of revenue and expense recognition. The accounting for these items is based on expectations of the future actions of the regulators. The
assumptions and judgments used by regulatory authorities continue to have an impact on the recovery of costs, the rate earned on invested capital and the timing and amount of assets to be recovered. The application of regulatory accounting guidance
is a critical accounting policy as a change in these assumptions may result in a material impact on reported assets, liabilities and the results of operations. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
Company has recorded $1,552&nbsp;million (2018 &#150; $1,569 million) of regulatory assets and $2,181&nbsp;million (2018 &#150; $2,610 million) of regulatory liabilities as at December&nbsp;31, 2019. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>ACCUMULATED RESERVE &#150; COST OF REMOVAL </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa
Electric, PGS, NMGC and NSPI recognize <FONT STYLE="white-space:nowrap">non-asset</FONT> retirement obligation costs of removal as regulatory liabilities. These costs of removal represent estimated funds received from customers through depreciation
rates to cover future <FONT STYLE="white-space:nowrap">non-legally</FONT> required costs of removal of property, plant and equipment upon retirement. The companies accrue for costs of removal over the life of the related assets based on depreciation
studies approved by their respective regulators. The costs are estimated based on historical experience and future expectations, including expected timing and estimated future cash outlays. The balance of the Accumulated reserve &#150; cost of
removal within regulatory liabilities was $891&nbsp;million at December&nbsp;31, 2019 (2018 &#150; $955 million). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>PENSION AND OTHER
POST-RETIREMENT EMPLOYEE BENEFITS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company provides post-retirement benefits to employees, including defined benefit pension plans. The cost of
providing these benefits is dependent upon many factors that result from actual plan experience and assumptions of future experience. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accounting related to
employee post-retirement benefits is a critical accounting estimate. Changes in the estimated benefit obligation, affected by employee demographics, including age, compensation levels, employment periods, contribution levels and earnings, could have
a material impact on reported assets, liabilities, accumulated other comprehensive income and results of operations. Changes in key actuarial assumptions, including anticipated rates of return on plan assets and discount rates used in determining
the accrued benefit obligation and benefit costs could change the annual pension funding requirements. This could have a significant impact on the Company&#146;s annual cash requirements. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The pension plan assets are comprised primarily of equity and fixed income investments. Fluctuations in actual equity market returns and changes in interest rates may
result in changes to pension costs in future periods. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s accounting policy is to amortize the net actuarial gain or loss, that exceeds 10&nbsp;per
cent of the greater of the projected benefit obligation / accumulated post-retirement benefit obligation (&#147;PBO&#148;) and the market-related value of assets, over active plan members&#146; average remaining service period (for the largest plans
this is currently 9.5 years (7.5 years for 2019 benefit cost) for the Canadian plans and a weighted average of 12.4 years for the US plans). The Company&#146;s use of smoothed asset values reduces the volatility related to the amortization of
actuarial investment experience. As a result, the main cause of volatility in reported pension cost is the discount rate used to determine the PBO. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>66</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The discount rate used to determine benefit costs is based on the yield of high quality long-term corporate bonds in
each operating entity&#146;s country and is determined with reference to bonds which have the same duration as the PBO as at January&nbsp;1 of the fiscal year. The following table shows the discount rate for benefit cost purposes and the expected
return on plan assets for each plan: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="89%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Discount&nbsp;rate<BR>for&nbsp;benefit<BR>cost&nbsp;purposes</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Expected<BR>return&nbsp;on<BR>plan&nbsp;assets</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Discount&nbsp;rate<BR>for&nbsp;benefit<BR>cost&nbsp;purposes</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Expected<BR>return&nbsp;on<BR>plan&nbsp;assets</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Energy Group Retirement Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.34%&nbsp;/&nbsp;3.13%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7.35%&nbsp;/&nbsp;7.00%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.63%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.85%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Energy Group Supplemental Executive<BR>Retirement Plan
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.02%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>N/A</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.11%&nbsp;/&nbsp;3.84%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Energy Group Benefit Restoration Plan <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.12%&nbsp;/&nbsp;3.94%&nbsp;/&nbsp;3.32%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>N/A</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.26%&nbsp;/&nbsp;3.76%&nbsp;/&nbsp;4.01%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Energy Post-retirement Health and Welfare Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.38%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>N/A</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.70%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">New Mexico Gas Company Retiree Medical Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.39%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.25%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.71%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.00%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.83%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6.00%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.50%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.00%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Bangor Hydro <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.19%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6.35%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.53%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.55%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Maine Public Service <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.12%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6.55%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.45%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.55%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC Salaried</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.25%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6.00%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.25%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.00%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC Union</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5.00%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5.00%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.00%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.00%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The discount rate and expected return on assets for benefit cost purposes is updated throughout the year as special events
occur, such as settlements and curtailments. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Effective January&nbsp;1, 2014, Bangor Hydro Electric Company and Maine Public Service Company merged to become Emera
Maine. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Based on management&#146;s estimate, the reported benefit cost for defined benefit and defined contribution plans was $84&nbsp;million in
2019 (2018 &#150; $115 million). The reported benefit cost is impacted by numerous assumptions, including the discount rate and asset return assumptions. A 0.25&nbsp;per cent change in the discount rate and asset return assumptions would have had
+/- impact on the 2019 benefit cost of $9&nbsp;million and $6 respectively (2018 &#150; $9&nbsp;million and $6 million). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>UNBILLED REVENUE
</B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Electric and gas revenues are billed on a systematic basis over a one or <FONT STYLE="white-space:nowrap">two-month</FONT> period for NSPI and a <FONT
STYLE="white-space:nowrap">one-month</FONT> period for Tampa Electric, PGS, NMGC, Emera Maine, BLPC, GBPC and Domlec. At the end of each month, the Company must make an estimate of energy delivered to customers since the date their meter was last
read and determine related revenues earned but not yet billed. The unbilled revenue is estimated based on several factors, including current month&#146;s generation, estimated customer usage by class, weather, line losses, inter-period changes to
customer classes and applicable customer rates. Based on the extent of the estimates included in the determination of unbilled revenue, actual results may differ from the estimate. At December&nbsp;31, 2019, unbilled revenues totalled
$265&nbsp;million (2018 &#150; $296 million) on total annual operating revenues of $6,111&nbsp;million (2018 &#150; $6,524 million). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>PROPERTY, PLANT AND EQUIPMENT </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Property, plant
and equipment represents 57&nbsp;per cent of total assets on the Company&#146;s balance sheet. Included in &#147;Property, plant and equipment&#148; are the generation, transmission and distribution and other assets of the Company. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Depreciation is determined by the straight-line method, based on the estimated remaining service lives of the depreciable assets in each category. The service lives of
regulated property, plant and equipment are determined based on formal depreciation studies and require the appropriate regulatory approval. Due to the magnitude of the Company&#146;s property, plant and equipment, changes in estimated depreciation
rates can have a material impact on depreciation expense and accumulated depreciation. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Depreciation expense was $881&nbsp;million for the year ended
December&nbsp;31, 2019 (2018 &#150; $881 million). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>67</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GOODWILL IMPAIRMENT ASSESSMENTS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Goodwill is subject to an annual assessment for impairment at the reporting unit level. Reporting units are generally determined at the operating segment level or one
level below the operating segment level. Reporting units with similar characteristics are grouped for the purpose of determining impairment, if any, of goodwill. Application of the goodwill impairment test requires management judgment. Entities
assessing goodwill for impairment have the option of first performing a qualitative assessment to determine whether a quantitative assessment is necessary. Significant assumptions used in the qualitative assessment include macroeconomic conditions,
industry and market considerations and overall financial performance, among other factors. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">If an entity performs the qualitative assessment but determines that it is
more likely than not that its fair value is less than its carrying amount, or if an entity chooses to bypass the qualitative assessment, a quantitative test is performed. The quantitative test compares the fair value of the reporting unit to its
carrying amount, including goodwill. If the carrying amount of the reporting unit exceeds its fair value, an impairment loss is recorded as a reduction to goodwill and a charge to operating expense. Significant assumptions used in estimating the
fair value of a reporting unit include discount and growth rates, rate case assumptions, valuation of net operating losses, utility sector market performance and transactions, projected operating and capital cash flows for the relevant business and
the fair value of debt. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">At December&nbsp;31, 2019, the Company had goodwill with a total carrying amount of $5,835&nbsp;million (December 31, 2018 &#150; $6,313
million). This goodwill represents the excess of the acquisition purchase price for TECO Energy (Tampa Electric, PGS and NMGC reporting units) and GBPC over the fair values assigned to individual assets acquired and liabilities assumed. The change
in the carrying value from 2019 to 2018 was a result of the held for sale classification of Emera Maine, recognition of the GBPC impairment charge and the strengthening US dollar on the goodwill balances. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Q4 2019, the Company performed quantitative impairment assessments at the reporting unit level. The quantitative assessments for Tampa Electric, PGS and NMGC concluded
that the fair value of the reporting units exceeded their respective carrying amounts. However, it was determined that including the impact of Hurricane Dorian, the fair value of GBPC did not exceed its carrying amount. As a result of this
assessment, a goodwill impairment charge of $30&nbsp;million was recorded in 2019, leaving goodwill of $70&nbsp;million related to GBPC as at December&nbsp;31, 2019. No impairment was recorded in 2018. Refer to note 21 to the consolidated financial
statements for further details. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s assets and liabilities are classified as held for sale, including $148&nbsp;million of goodwill, and are measured
at the lower of their carrying value or fair value less costs to sell. The measurement did not result in a fair value adjustment and goodwill was not impaired. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
fair market value of reporting units is subject to change from period to period as assumptions about future cash flows are required. Adverse regulatory actions, such as significant reductions in the allowed ROE at Tampa Electric, PGS, NMGC or GBPC
could negatively impact goodwill in the future. In addition, changes in other fair value significant assumptions described above could also negatively impact goodwill in the future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LONG-LIVED ASSETS IMPAIRMENT ASSESSMENTS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In
accordance with accounting guidance for long-lived assets, the Company assesses whether there has been an impairment of long-lived assets and intangibles when a triggering event occurs, such as a significant market disruption or sale of a business.
The review of long-lived assets for impairment involves comparing the undiscounted expected future cash flows to the carrying value of the asset. When the undiscounted cash flow analysis indicates a long-lived asset is not recoverable, the amount of
the impairment loss is determined by measuring the excess of the carrying amount of the long-lived asset over its estimated fair value. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company believes
accounting estimates related to asset impairments are critical estimates as the estimates are highly susceptible to change and the impact of an impairment on reported assets and earnings could be material. Management is required to make assumptions
based on expectations of the results of operations for significant/indefinite future periods and the current and expected market conditions in such periods. Markets can experience significant uncertainties. Estimates based on the Company&#146;s
assumptions relating to future results of operations or other recoverable amounts are based on a combination of historical experience, fundamental economic analysis, observable market activity and independent market studies. The Company&#146;s
expectations regarding uses and holding periods of assets are based on internal long-term budgets and projections, which give consideration to external factors and market forces, as of the end of each reporting period. The assumptions made are
consistent with generally accepted industry approaches and assumptions used for valuation and pricing activities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>68</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Q4 2019, due to the damage incurred from Hurricane Dorian, the Company determined that the undiscounted expected
future cash flows for GBPC&#146;s property, plant and equipment did not exceed its carrying amount. As a result of this assessment, a <FONT STYLE="white-space:nowrap">non-cash</FONT> impairment charge of $18&nbsp;million USD was recorded in 2019
based on the excess of the carrying amount of the property, plant and equipment over its estimated fair value. The charge was recorded as a regulatory asset as management anticipates that recovery of these prudently incurred costs through insurance
or a regulatory process is probable. GBPC recorded an offsetting insurance receivable of $15&nbsp;million USD against this regulatory asset. It is anticipated that the regulatory asset balance of $3&nbsp;million USD remaining at December&nbsp;31,
2019 will be recovered through insurance. No impairment was recorded in 2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INCOME TAXES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Income taxes are determined based on the expected tax treatment of transactions recorded in the consolidated financial statements. In determining income taxes, tax
legislation is interpreted in a variety of jurisdictions, the likelihood that deferred tax assets will be recovered from future taxable income is assessed and assumptions about the expected timing of the reversal of deferred tax assets and
liabilities are made. Uncertainty associated with the application of tax statutes and regulations and the outcomes of tax audits and appeals, requires judgments and estimates be made in the accrual process and in the calculation of effective tax
rates. Only income tax benefits that meet the &#147;more likely than not&#148; threshold may be recognized or continue to be recognized. Unrecognized tax benefits are evaluated quarterly and changes are recorded based on new information, including
the issuance of relevant guidance by the courts or tax authorities and developments occurring in examinations of the Company&#146;s tax returns. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company believes
the accounting estimate related to income taxes is a critical estimate for several reasons. The realization of deferred tax assets is dependent upon the generation of sufficient taxable income, both operating and capital, in future periods. A change
in the estimated valuation allowance could have a material impact on reported assets and results of operations. Administrative actions of the tax authorities, changes in tax law or regulation, and the uncertainty associated with the application of
tax statutes and regulations could change the Company&#146;s estimate of income taxes, including the potential for elimination or reduction of our ability to realize tax benefits and to utilize deferred tax assets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>ASSET RETIREMENT OBLIGATIONS (&#147;ARO&#148;) </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The measurement of the fair value of AROs requires the Company to make reasonable estimates concerning the method and timing of settlement associated with the legally
obligated costs. There are uncertainties in estimating future asset-retirement costs due to potential events, such as changing legislation or regulations and advances in remediation technologies. Emera has AROs associated with the remediation of
generation, transmission and distribution and pipeline assets. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">An ARO represents the fair value of the estimated cash flows necessary to discharge the future
obligation using the Company&#146;s credit-adjusted risk free rate. The amounts are reduced by actual expenditures incurred. Estimated future cash flows are based on completed depreciation studies, remediation reports, prior experience, estimated
useful lives and governmental regulatory requirements. The present value of the liability is recorded and the carrying amount of the related long-lived asset is correspondingly increased. The amount capitalized at inception is depreciated in the
same manner as the related long-lived asset. Over time, the liability is accreted to its estimated future value. Accretion expense is included as part of &#147;Depreciation and amortization&#148;. Any accretion expense not yet approved by the
regulator is recorded in &#147;Property, plant and equipment&#148; and included in the next depreciation study. Accordingly, changes to the ARO or cost recognition attributable to changes in the factors discussed above, should not impact the results
of operations of the Company. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Some generation, transmission and distribution assets may have conditional AROs, which are required to be estimated and recorded as a
liability. A conditional ARO refers to a legal obligation to perform an asset retirement activity in which the timing and/or method of settlement are conditional on a future event that may or may not be within the control of the entity. Management
monitors these obligations and a liability is recognized at fair value when an amount can be determined. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the AROs recorded on the
balance sheet were $185&nbsp;million (2018 &#150; $205 million). The Company estimates the undiscounted amount of cash flow required to settle the obligations is approximately $422&nbsp;million (2018 &#150; $451 million), which will be incurred
between 2019 and 2061. The majority of these costs will be incurred between 2028 and 2050. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>69</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CAPITALIZED OVERHEAD </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s rate regulated subsidiaries and regulated equity investments capitalize overhead costs that are attributable to the overall capital expenditure program. The
methodology for the calculation of capitalized overhead is approved by the respective regulators. For the year ended December&nbsp;31, 2019, $199&nbsp;million of overhead costs (2018 &#150; $187 million) were capitalized to capital assets. Any
change in the methodology for the calculation and allocation of overhead costs could have a material impact on the amounts recognized as expenses versus assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>FINANCIAL INSTRUMENTS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is required to determine the fair value of all derivatives except those which qualify for the normal
purchase, normal sale exception. Fair value is the price that would be received for the sale of an asset or paid to transfer a liability in an orderly arms-length transaction between market participants at the measurement date. Fair value
measurements are required to reflect the assumptions that market participants would use in pricing an asset or liability based on the best available information, including the risks inherent in a particular valuation technique, such as a pricing
model, and the risks inherent in the inputs to the model. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LEVEL DETERMINATIONS AND CLASSIFICATIONS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company uses the Level&nbsp;1, 2, and 3 classifications in the fair value hierarchy. The fair value measurement of a financial instrument is included in only one of
the three levels and is based on the lowest level input significant to the derivation of the fair value. Fair values are determined, directly or indirectly, using inputs that are observable for the asset or liability. Only in limited circumstances
does the Company enter into commodity transactions involving <FONT STYLE="white-space:nowrap">non-standard</FONT> features where market observable data is not available or have contract terms that extend beyond five years. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CHANGES IN ACCOUNTING POLICIES AND PRACTICES </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
new USGAAP accounting policies that are applicable to, and adopted by the Company in 2019, are described as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LEASES
</B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On January&nbsp;1, 2019, the Company adopted Accounting Standard Updates (&#147;ASU&#148;) <FONT STYLE="white-space:nowrap">2016-02,</FONT> <I>Leases
(Topic 842)</I>, including all related amendments, using the modified retrospective approach. The standard requires lessees to recognize leases on the balance sheet for all leases with a term of longer than twelve months and disclose key information
about leasing arrangements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As permitted by the optional transition method, Emera did not restate comparative financial information in the Company&#146;s
consolidated financial statements, did not reassess whether any expired or existing contracts contained leases and carried forward existing lease classifications. Additionally, the Company elected to not evaluate existing land easements under the
new standard if the land easements were not previously accounted for under the leasing guidance within ASC Topic 840. The Company elected to use hindsight to determine the lease term for existing leases and elected to not separate lease components
from <FONT STYLE="white-space:nowrap">non-lease</FONT> components for all lessee and lessor arrangements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has implemented additional processes and controls to
facilitate the identification, tracking and reporting of potential leases based on the requirements of the standard. There were no updates to information technology systems as a result of implementation. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s adoption of this new standard resulted in <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">right-of-use</FONT></FONT>
(&#147;ROU&#148;) assets and lease liabilities of approximately $58&nbsp;million as of January&nbsp;1, 2019. The ROU assets and lease liabilities were measured at the present value of remaining lease payments using the Company&#146;s incremental
borrowing rate. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">There was no impact to opening retained earnings as at January&nbsp;1, 2019 or the Company&#146;s net income or cash flows for the year ended
December&nbsp;31, 2019 as a result of the adoption of the standard. There were no significant impacts to Emera&#146;s accounting for lessor arrangements. Refer to note 18 of the consolidated financial statements for further detail. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>70</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>TARGETED IMPROVEMENTS TO ACCOUNTING FOR HEDGING ACTIVITIES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On January&nbsp;1, 2019, the Company adopted ASU <FONT STYLE="white-space:nowrap">2017-12,</FONT> <I>Targeted Improvements to Accounting for Hedging Activities</I>, which
amends the hedge accounting recognition and presentation requirements in ASC Topic 815. This standard improves the transparency and understandability of information about an entity&#146;s risk management activities by better aligning the
entity&#146;s financial reporting for hedging relationships with those risk management activities and simplifies the application of hedge accounting. The standard will make more financial and nonfinancial hedging strategies eligible for hedge
accounting, amends the presentation and disclosure requirements for hedging activities and changes how entities assess hedge effectiveness. There was no impact on the consolidated financial statements as a result of the adoption of this standard.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CLOUD COMPUTING </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In August 2018, the
Financial Accounting Standards Board (&#147;FASB&#148;) issued ASU <FONT STYLE="white-space:nowrap">2018-15,</FONT> <I>Customer&#146;s Accounting for</I> <I>Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service
Contract</I>. The standard allows entities<I> </I>who are customers in hosting arrangements that are service contracts to apply the existing <FONT STYLE="white-space:nowrap">internal-use</FONT> software guidance to determine which implementation
costs to capitalize as an asset related to the service contract and which costs to expense. The guidance specifies classification for capitalizing implementation costs and related amortization expense within the financial statements and requires
additional disclosures. The guidance is effective for annual reporting periods, including interim reporting within those periods, beginning after December&nbsp;15, 2019. Early adoption is permitted and can be applied either retrospectively or
prospectively. The Company early adopted the standard effective January&nbsp;1, 2019 and elected to apply the guidance prospectively. There was no material impact on the consolidated financial statements as a result of the adoption of this standard.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FUTURE ACCOUNTING PRONOUNCEMENTS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
Company considers the applicability and impact of all ASUs issued by the FASB. The following updates have been issued by the FASB, but have not yet been adopted by Emera. Any ASUs not included below were assessed and determined to be either not
applicable to the Company or have an insignificant impact on the consolidated financial statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>MEASUREMENT OF CREDIT LOSSES ON
FINANCIAL INSTRUMENTS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In June 2016, the FASB issued ASU <FONT STYLE="white-space:nowrap">2016-13,</FONT> <I>Measurement of Credit Losses on Financial
Instruments.</I> The standard provides guidance regarding the measurement of credit losses for financial assets and certain other instruments that are not accounted for at fair value through net income, including trade and other receivables, debt
securities, net investment in leases, and <FONT STYLE="white-space:nowrap">off-balance</FONT> sheet credit exposures. The new guidance requires companies to replace the current incurred loss impairment methodology with a methodology that measures
all expected credit losses for financial assets based on historical experience, current conditions, and reasonable and supportable forecasts. The guidance expands the disclosure requirements regarding credit losses, including the credit loss
methodology and credit quality indicators. The Company adopted ASU <FONT STYLE="white-space:nowrap">2016-13</FONT> effective January&nbsp;1, 2020, with no significant changes to accounting and disclosure identified related to the adoption of the
standard. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SIMPLIFYING THE ACCOUNTING FOR INCOME TAXES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In December 2019, the FASB issued ASU <FONT STYLE="white-space:nowrap">2019-12,</FONT> <I>Simplifying the Accounting for Income Taxes</I>. The standard simplifies the
accounting for income taxes by eliminating certain exceptions to the guidance in ASC 740 related to the approach for intraperiod tax allocation, simplifies aspects of accounting for franchise taxes and enacted changes in tax laws or rates and
clarifies the accounting for transactions that result in a <FONT STYLE="white-space:nowrap">step-up</FONT> in the tax basis of goodwill. The guidance will be effective for annual reporting periods, including interim reporting within those periods,
beginning after December&nbsp;15, 2020, with early adoption permitted. The standard will be applied on both a prospective and retrospective basis. The Company is currently evaluating the impact of adoption of the standard on its consolidated
financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>71</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">MANAGEMENT&#146;S DISCUSSION &amp; ANALYSIS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SUMMARY OF QUARTERLY RESULTS </B></FONT></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">For the quarter ended<BR>millions of Canadian dollars<BR>(except per share amounts)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Q4</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Q3</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Q2</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>Q1</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Q4</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Q3</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Q2</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Q1</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;1,616</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;1,299</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;1,378</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$&nbsp;&nbsp;&nbsp;&nbsp;1,818</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;1,799</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;1,495</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;1,423</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$&nbsp;&nbsp;&nbsp;&nbsp;1,807</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>193</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>55</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>103</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>312</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">231</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">118</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">90</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">271</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>145</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>122</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>130</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>224</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">167</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">111</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">202</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Earnings per common share &#150; basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.79</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.43</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.98</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.51</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.17</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.00pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Earnings per common share &#150; diluted</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.80</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.43</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.98</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.50</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.17</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjusted earnings per common share &#150; basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.60</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.95</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.71</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.82</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.48</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.87</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Quarterly operating revenues and adjusted net income attributable to common shareholders are affected by seasonality. The first quarter
provides strong earnings contributions due to a significant portion of the Company&#146;s operations being in northeastern North America, where winter is the peak electricity usage season. The third quarter provides strong earnings contributions due
to summer being the heaviest electric consumption season in Florida. Seasonal and other weather patterns, as well as the number and severity of storms, can affect the demand for energy and the cost of service. Quarterly results could also be
affected by items outlined in the &#147;Significant Items Affecting Earnings&#148; section. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>72</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">MANAGEMENT REPORT </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>MANAGEMENT REPORT </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Management&#146;s Responsibility for Financial Reporting </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accompanying
consolidated financial statements of Emera Incorporated and the information in this annual report are the responsibility of management and have been approved by the Board of Directors (&#147;Board&#148;). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The consolidated financial statements have been prepared by management in accordance with United States Generally Accepted Accounting Principles. When alternative
accounting methods exist, management has chosen those it considers most appropriate in the circumstances. In preparation of these consolidated financial statements, estimates are sometimes necessary when transactions affecting the current accounting
period cannot be finalized with certainty until future periods. Management represents that such estimates, which have been properly reflected in the accompanying consolidated financial statements, are based on careful judgements and are within
reasonable limits of materiality. Management has determined such amounts on a reasonable basis in order to ensure that the consolidated financial statements are presented fairly in all material respects. Management has prepared the financial
information presented elsewhere in the annual report and has ensured that it is consistent with that in the consolidated financial statements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Incorporated
maintains effective systems of internal accounting and administrative controls, consistent with reasonable cost. Such systems are designed to provide reasonable assurance that the financial information is reliable and accurate, and that Emera
Incorporated&#146;s assets are appropriately accounted for and adequately safeguarded. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Board is responsible for ensuring that management fulfils its
responsibilities for financial reporting and is ultimately responsible for reviewing and approving the consolidated financial statements. The Board carries out this responsibility principally through its Audit Committee. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Audit Committee is appointed by the Board, and its members are directors who are not officers or employees of Emera Incorporated. The Audit Committee meets
periodically with management, as well as with the internal auditors and with the external auditors, to discuss internal controls over the financial reporting process, auditing matters and financial reporting issues, to satisfy itself that each party
is properly discharging its responsibilities, and to review the annual report, the consolidated financial statements and the external auditors&#146; report. The Audit Committee reports its findings to the Board for consideration when approving the
consolidated financial statements for issuance to the shareholders. The Audit Committee also considers, for review by the Board and approval by the shareholders, the appointment of the external auditors. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The consolidated financial statements have been audited by Ernst&nbsp;&amp; Young LLP, the external auditors, in accordance with Canadian Generally Accepted Auditing
Standards and with the standards of the Public Company Accounting Oversight Board. Ernst&nbsp;&amp; Young LLP has full and free access to the Audit Committee. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">February&nbsp;14, 2020 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="bottom">


<IMG SRC="g853797dsp78.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">


<IMG SRC="g853797dsp78b.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"><B>&#147;Scott Balfour&#148;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><B>&#147;Gregory Blunden&#148;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">President and Chief Executive Officer</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Chief Financial Officer</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>73</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">INDEPENDENT AUDITOR&#146;S REPORT </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INDEPENDENT AUDITOR&#146;S REPORT </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To the Shareholders and the Board of Directors of Emera Incorporated </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Opinion
</B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We have audited the consolidated financial statements of Emera Incorporated (the &#147;Company&#148;), which comprise the consolidated balance sheets as at
December&nbsp;31, 2019 and 2018, and the consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows for the years then ended, and notes
to the consolidated financial statements, including a summary of significant accounting policies. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In our opinion, the accompanying consolidated financial statements
present fairly, in all material respects, the consolidated financial position of the Company as at December&nbsp;31, 2019 and 2018, and the consolidated results of its operations and its consolidated cash flows for the years then ended in accordance
with United States generally accepted accounting principles (&#147;USGAAP&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Basis for Opinion </B></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We conducted our audit in accordance with Canadian generally accepted auditing standards. Our responsibilities under those standards are further described in the
<I>Auditor&#146;s Responsibilities for the Audit of the Consolidated Financial Statements</I> section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the consolidated
financial statements in Canada, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Information </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Management is responsible for the other information.
The other information comprises: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Management&#146;s Discussion and Analysis </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">The information, other than the consolidated financial statements and our auditor&#146;s report thereon, in the Annual
Report </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Our opinion on the consolidated financial statements does not cover the other information and we do not express any form of assurance
conclusion thereon. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In connection with our audit of the consolidated financial statements, our responsibility is to read the other information, and in doing so,
consider whether the other information is materially inconsistent with the consolidated financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We obtained Management&#146;s Discussion&nbsp;&amp; Analysis prior to the date of this auditor&#146;s report. If, based on the work we have performed, we conclude that
there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Annual Report is
expected to be made available to us after the date of the auditor&#146;s report. If based on the work we will perform on this other information, we conclude there is a material misstatement of other information, we are required to report that fact
to those charged with governance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements </B></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with USGAAP, and for such internal control as
management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In preparing the consolidated financial statements, management is responsible for assessing the Company&#146;s ability to continue as a going concern, disclosing, as
applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Those charged with governance are responsible for overseeing the Company&#146;s financial reporting process. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>74</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">INDEPENDENT AUDITOR&#146;S REPORT </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Auditor&#146;s Responsibilities for the Audit of the Consolidated Financial Statements </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud
or error, and to issue an auditor&#146;s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Canadian generally accepted auditing standards will
always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken
on the basis of these consolidated financial statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As part of an audit in accordance with Canadian generally accepted auditing standards, we exercise
professional judgment and maintain professional skepticism throughout the audit. We also: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or
error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher
than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. </P></TD></TR></TABLE> <P STYLE="font-size:1pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company&#146;s internal control. </P></TD></TR></TABLE> <P STYLE="font-size:1pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related
disclosures made by management. </P></TD></TR></TABLE> <P STYLE="font-size:1pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Conclude on the appropriateness of management&#146;s use of the going concern basis of accounting and, based on the audit
evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company&#146;s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required
to draw attention in our auditor&#146;s report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date
of our auditor&#146;s report. However, future events or conditions may cause the Company to cease to continue as a going concern. </P></TD></TR></TABLE> <P STYLE="font-size:1pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Evaluate the overall presentation, structure and content of the consolidated financial statements, including the
disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation. </P></TD></TR></TABLE> <P STYLE="font-size:1pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities
within the Company to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any
significant deficiencies in internal control that we identify during our audit. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We also provide those charged with governance with a statement that we have complied
with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The engagement partner on the audit resulting in this independent auditor&#146;s report is Sonya Fraser. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g853797dsp80.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chartered Professional Accountants </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Licensed Public
Accountants </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Halifax, Canada </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">February&nbsp;14, 2020 </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>75</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REPORT OF INDEPENDENT REGISTERED </B></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>PUBLIC ACCOUNTING FIRM </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">To the Shareholders and
the Board of Directors of Emera Incorporated </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Opinion on the Consolidated Financial Statements </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We have audited the accompanying consolidated balance sheets of Emera Incorporated (the &#147;Company&#147;) as of December&nbsp;31, 2019 and 2018, the related
consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows for the years then ended, and the related notes and schedules (collectively
referred to as the &#147;consolidated financial statements&#147;). In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as of December&nbsp;31, 2019 and
2018, and the consolidated results of its operations and its consolidated cash flows for each of the two years in the period ended December&nbsp;31, 2019, in conformity with United States generally accepted accounting principles. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Basis for Opinion </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These consolidated financial statements are the
responsibility of the Company&#145;s management. Our responsibility is to express an opinion on the Company&#145;s consolidated financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting
Oversight Board (United States) (&#147;PCAOB&#148;) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission
and the PCAOB. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain
reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over
financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company&#146;s internal control over
financial reporting. Accordingly, we express no such opinion. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Our audits included performing procedures to assess the risks of material misstatement of the
consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial
statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide
a reasonable basis for our opinion. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797dsp81.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chartered Professional Accountants </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Licensed Public
Accountants </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">We have served as the Company&#145;s auditor since 1998. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Halifax,
Canada </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">February&nbsp;14, 2020 </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>76</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONSOLIDATED STATEMENTS OF INCOME </B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars (except per share amounts)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Operating revenues</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated electric</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,769</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,852</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated gas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,081</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,044</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>261</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">628</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating revenues (note 6)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,111</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,524</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Operating expenses</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel for generation and purchased power (notes 16 and 18)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,609</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,677</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated cost of natural gas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>350</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">388</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT> fuel for generation and purchased power</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>66</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">225</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating, maintenance and general</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,464</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,580</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Provincial, state, and municipal taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>342</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">340</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Depreciation and amortization</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>903</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">916</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge (note 21)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating expenses</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,768</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,126</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Income from operations</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,343</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,398</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments (note 7)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">154</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other income (expenses), net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>738</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">713</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Income before provision for income taxes</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>771</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense (note 8)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>710</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">747</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-controlling</FONT> interest in subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Preferred stock dividends</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income attributable to common shareholders</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>663</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">710</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average shares of common stock outstanding (in millions) (note 10)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>240</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>240</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">234</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Earnings per common share (note 10)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.05</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.04</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends per common share declared</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.3750</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.2825</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accompanying notes are an integral part of these consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>77</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONSOLIDATED STATEMENTS OF </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>COMPREHENSIVE INCOME </B></FONT></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;&nbsp;2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>710</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">747</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Other comprehensive income (loss), net of tax</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign currency translation adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(402</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">627</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gains (losses) on net investment hedges <SUP STYLE="font-size:85%; vertical-align:top">(1)
(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(122</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash flow hedges</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net derivative gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less: reclassification adjustment for losses (gains) included in income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net effects of cash flow hedges</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gains on
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> investment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gain (loss) arising during the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less: reclassification adjustment for (gains) recognized in income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net unrealized holding gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net change in unrecognized pension and post-retirement benefit obligation <SUP
STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>74</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other comprehensive income (loss) <SUP
STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(244</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">506</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Comprehensive income (loss)</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>466</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,253</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Comprehensive income (loss) attributable to <FONT
STYLE="white-space:nowrap">non-controlling</FONT> interest</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Comprehensive Income (loss) of Emera Incorporated</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>465</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,249</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accompanying notes are an integral part of these consolidated financial statements. </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The Company has designated $1.2&nbsp;billion United States dollar denominated Hybrid Notes as a hedge of the foreign
currency exposure of its net investment in United States dollar denominated operations. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Net of tax expense of $1&nbsp;million (2018 &#150; $9&nbsp;million tax recovery) for the year ended December&nbsp;31,
2019. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Net of tax expense of $9&nbsp;million (2018 &#150; $2&nbsp;million tax recovery) for the year ended December&nbsp;31,
2019. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Net of tax expense of $10&nbsp;million (2018 &#150; $11&nbsp;million tax recovery) for the year ended December&nbsp;31,
2019. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>78</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONSOLIDATED BALANCE SHEETS </B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>222</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">316</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Restricted cash (note 31)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">56</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Inventory (note 12)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>467</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">474</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instruments (notes 13 and 14)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">148</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets (note 15)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>121</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Receivables and other current assets (note 17)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,486</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,620</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Assets held for sale (note 4)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>85</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">53</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,486</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,832</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Property, plant and equipment</B>, net of accumulated depreciation
and amortization of $8,295 and $8,567, respectively (note 19)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18,167</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18,712</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Other assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>186</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">175</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instruments (notes 13 and 14)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets (note 15)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,431</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,404</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment in direct financing lease (note 18)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>473</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">475</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investments subject to significant influence (note 7)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,312</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,316</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Goodwill (note 21)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,835</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,313</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>300</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">291</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Assets held for sale (note 4)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,619</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">777</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11,189</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,770</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31,842</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32,314</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accompanying notes are an integral part of these consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>79</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><B><FONT
STYLE="font-family:ARIAL" COLOR="#0033a1">CONSOLIDATED BALANCE SHEETS</FONT> <FONT STYLE="font-family:ARIAL; font-size:10pt">(continued)</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Liabilities and Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Short-term debt (note 22)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,537</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,186</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current portion of long-term debt (note 24)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>501</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,119</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accounts payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,118</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,289</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instruments (notes 13 and 14)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>268</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">260</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities (note 15)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>295</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">251</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other current liabilities (note 23)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>333</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">428</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Liabilities associated with assets held for sale (note 4)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>114</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,166</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,553</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-term liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term debt (note 24)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>13,679</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14,292</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes (note 8)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,285</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,320</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instruments (notes 13 and 14)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>102</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">105</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities (note 15)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,886</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,359</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Pension and post-retirement liabilities (note 20)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>460</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">641</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term liabilities (notes 7 and 25)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>764</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">684</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term liabilities associated with assets held for sale (note
4)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>899</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19,075</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19,403</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Common stock (note 9)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,216</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cumulative preferred stock (note 27)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,004</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,004</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Contributed surplus</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">84</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accumulated other comprehensive income (note 11)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>95</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">338</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Retained earnings</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,173</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,075</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total Emera Incorporated equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,566</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,317</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-controlling</FONT> interest in
subsidiaries (note 28)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">41</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total equity</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,601</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,358</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities and equity</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31,842</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32,314</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Commitments and contingencies (note 26) </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
accompanying notes are an integral part of these consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Approved on behalf of the Board of Directors </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="bottom">


<IMG SRC="g853797dsp85a.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">


<IMG SRC="g853797dsp85b.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"><B>&#147;M. Jacqueline Sheppard&#148;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><B>&#147;Scott Balfour&#148;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">Chair of the Board</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">President and Chief Executive Officer</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>80</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONSOLIDATED STATEMENTS OF CASH FLOWS </B></FONT></P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Operating activities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>710</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">747</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Adjustments to reconcile net income to net cash provided by operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Depreciation and amortization</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>911</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">928</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments, net of dividends</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(83</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(75</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Allowance for equity funds used during construction</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(21</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>125</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">185</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net change in pension and post-retirement liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(17</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel adjustment mechanism</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net change in fair value of derivative instruments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">55</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net change in regulatory assets and liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>44</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">51</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net change in capitalized transportation capacity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(55</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(105</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge (note 21)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other operating activities, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Changes in <FONT STYLE="white-space:nowrap">non-cash</FONT> working
capital (note 29)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(116</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by operating activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,525</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,690</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Investing activities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Additions to property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2,495</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,162</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net purchase of investments subject to significant influence, inclusive of acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(49</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Proceeds from dispositions (note 4)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>875</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other investing activities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash used in investing activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,617</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,190</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Financing activities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in short-term debt, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>413</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">99</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Proceeds from short-term debt with maturities greater than 90 days</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">129</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Repayment of short-term debt with maturities greater than 90 days</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(390</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Proceeds from long-term debt, net of issuance costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,066</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,055</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Retirement of long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,103</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(757</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net borrowings (repayments) under committed credit facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(118</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">321</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of common stock, net of issuance costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>203</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of preferred stock, net of issuance costs (note 27)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">291</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends on common stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(378</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(346</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends on preferred stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other financing activities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(24</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(32</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by financing activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">344</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Effect of exchange rate changes on cash, cash equivalents, and
restricted cash</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net decrease in cash, cash equivalents, restricted cash and assets held for sale</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(98</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(131</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents, and restricted cash, beginning of
year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>372</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">503</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents, restricted cash and assets held for sale,
end of year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>274</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">372</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Cash, cash equivalents, restricted cash and assets held for sale consists of:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>222</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">273</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Short-term investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Restricted cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>51</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">56</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Assets held for sale</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents, restricted cash and assets held for
sale</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>274</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">372</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Supplementary Information to Consolidated Statements of Cash Flows (note 29) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accompanying notes are an integral part of these consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>81</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY </B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="74%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Common<BR>Stock</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Preferred<BR>Stock</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Contributed<BR>Surplus</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR><BR><BR></B></FONT> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"><B></B><SUP
STYLE="font-size:85%; vertical-align:top"></SUP><FONT STYLE="font-family:ARIAL; font-size:4.5pt"><SUP STYLE="font-size:85%; vertical-align:top"><B></B></SUP><B></B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Accumulated<BR>Other<BR>Comprehensive<BR>Income</B></FONT>
<P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>(Loss)</B><SUP STYLE="font-size:85%; vertical-align:top"></SUP><FONT STYLE="font-family:ARIAL; font-size:4.5pt"><SUP
STYLE="font-size:85%; vertical-align:top"><B></B></SUP><B></B></FONT></P></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><BR><BR><BR>&nbsp;</B></FONT> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"><B>&nbsp;</B><SUP
STYLE="font-size:85%; vertical-align:top"></SUP><FONT STYLE="font-family:ARIAL; font-size:4.5pt"><SUP STYLE="font-size:85%; vertical-align:top">(1)<B></B></SUP><B>&nbsp;</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Retained<BR>Earnings</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR><BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Non-<BR>Controlling<BR>Interest</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR><BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Total&nbsp;Equity</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,816</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,004</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>84</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>338</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,075</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>41</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,358</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income of Emera Incorporated</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>708</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>710</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other comprehensive loss, net of tax expense of $10&nbsp;million</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(243</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(244</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends declared on preferred stock (note 27)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends declared on common stock ($2.3750/share)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(565</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(565</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Common stock issued under purchase plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of common stock, net of <FONT STYLE="white-space:nowrap">after-tax</FONT> issuance costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>99</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>99</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Senior management stock options exercised</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>104</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>97</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of preferred shares of GBPC, net of issuance costs (note 28)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Redemption of preferred shares of GBPC (note 28)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,216</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,004</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>95</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,173</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,601</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,601</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">709</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">76</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">891</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">92</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7,204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">746</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">747</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other comprehensive income, net of tax recovery of $11&nbsp;million</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">503</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">506</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of preferred stock, net of <FONT STYLE="white-space:nowrap">after-tax</FONT> issuance costs</P></TD>

<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">295</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">295</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends declared on preferred stock (note 27)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends declared on common stock ($2.2825/share)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(528</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(528</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Common stock issued under purchase plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Acquisition of <FONT STYLE="white-space:nowrap">non-controlling</FONT> interest of ICD Utilities Limited
(&#147;ICDU&#148;)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(53</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,816</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,004</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">84</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">338</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,075</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">41</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,358</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Accumulated Other Comprehensive Income (Loss) (&#147;AOCI&#148;) (&#147;AOCL&#148;). </P></TD></TR></TABLE>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The accompanying notes are an integral part of these consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>82</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>NOTES TO THE CONSOLIDATED </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FINANCIAL STATEMENTS </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019 and 2018 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>1. SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES </B></FONT></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>NATURE OF OPERATIONS </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Incorporated (&#147;Emera&#148; or the &#147;Company&#148;) is an energy and services company which invests in electricity generation, transmission and distribution
and gas transmission and distribution. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Effective January&nbsp;1, 2019, Emera revised its reportable segments to align with strategic priorities and internal
governance. These new reporting segments align with how the Company assesses financial performance and makes decisions about resource allocations. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">At
December&nbsp;31, 2019, Emera&#146;s reportable segments include the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Florida Electric Utility, which consists of Tampa Electric, a vertically integrated regulated electric utility, serving
approximately 779,000 customers in West Central Florida; </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Canadian Electric Utilities which includes: </P></TD></TR></TABLE>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Nova Scotia Power Inc. (&#147;NSPI&#148;), a vertically integrated regulated electric utility and the primary electricity
supplier in Nova Scotia, serving approximately 523,000 customers; and </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera Newfoundland&nbsp;&amp; Labrador Holdings Inc. (&#147;ENL&#148;), consisting of two transmission investments related
to an 824 megawatt (&#147;MW&#148;) hydroelectric generating facility at Muskrat Falls on the Lower Churchill River in Labrador being developed by Nalcor Energy and forecasted to be generating full power in the second half of 2020. ENL&#146;s two
investments are: </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">a 100&nbsp;per cent investment in NSP Maritime Link Inc. (&#147;NSPML&#148;), which developed the Maritime Link Project, a
$1.6&nbsp;billion transmission project, including two <FONT STYLE="white-space:nowrap">170-kilometre</FONT> <FONT STYLE="white-space:nowrap">sub-sea</FONT> cables, connecting the island of Newfoundland and Nova Scotia. This project went in service
on January&nbsp;15, 2018; and </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">a 49.5&nbsp;per cent investment in the partnership capital of Labrador-Island Link Limited Partnership (&#147;LIL&#148;), a
$3.7&nbsp;billion electricity transmission project in Newfoundland and Labrador to enable the transmission of Muskrat Falls energy between Labrador and the island of Newfoundland. Construction of the LIL has been completed and Nalcor recognized the
first flow of energy from Labrador to Newfoundland in June 2018. Nalcor continues to work towards commissioning the LIL, which is forecasted to be in 2020. </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Other Electric Utilities, which includes: </P></TD></TR></TABLE>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera Maine, a regulated electric transmission and distribution utility, serving approximately 159,000 customers in the
state of Maine. On March&nbsp;25, 2019, Emera announced an agreement to sell Emera Maine. The transaction is expected to close in early 2020, subject to approval of the Maine Public Utilities Commission (&#147;MPUC&#148;). Refer to note 4 for
further details; and </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera (Caribbean) Incorporated (&#147;ECI&#148;), a holding company with regulated electric utilities that include:
</P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">The Barbados Light&nbsp;&amp; Power Company Limited (&#147;BLPC&#148;), a vertically integrated regulated electric utility
on the island of Barbados, serving approximately 131,000 customers; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Grand Bahama Power Company Limited (&#147;GBPC&#148;), a vertically integrated regulated electric utility on Grand Bahama
Island, serving approximately 18,000 customers. On September&nbsp;1, 2019, Grand Bahama Island was struck by Hurricane Dorian, causing significant damage. Refer to note 15 and 21 for further details; </P></TD></TR></TABLE>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">a 51.9&nbsp;per cent interest in Dominica Electricity Services Ltd. (&#147;Domlec&#148;), a vertically integrated regulated
electric utility on the island of Dominica, serving approximately 31,000 customers; and </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">a 19.1&nbsp;per cent equity interest in St. Lucia Electricity Services Limited (&#147;Lucelec&#148;), a vertically
integrated regulated electric utility on the island of St. Lucia. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>83</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Gas Utilities and Infrastructure which includes: </P></TD></TR></TABLE>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Peoples Gas System (&#147;PGS&#148;), a regulated gas distribution utility, serving approximately 406,000 customers across
Florida; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">New Mexico Gas Company, Inc. (&#147;NMGC&#148;), a regulated gas distribution utility, serving approximately 534,000
customers in New Mexico; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">SeaCoast Gas Transmission, LLC (&#147;SeaCoast&#148;), a regulated intrastate natural gas transmission company offering
services in Florida; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera Brunswick Pipeline Company Limited (&#147;Brunswick Pipeline&#148;), a
<FONT STYLE="white-space:nowrap">145-kilometre</FONT> pipeline delivering <FONT STYLE="white-space:nowrap">re-gasified</FONT> liquefied natural gas (&#147;LNG&#148;) from Saint John, New Brunswick to the United States border under a <FONT
STYLE="white-space:nowrap">25-year</FONT> firm service agreement with Repsol Energy Canada, which expires in 2034; and </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">a 12.9&nbsp;per cent interest in Maritimes&nbsp;&amp; Northeast Pipeline (&#147;M&amp;NP&#148;), a <FONT
STYLE="white-space:nowrap">1,400-kilometre</FONT> pipeline, which transports natural gas throughout markets in Atlantic Canada and the northeastern United States. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">At December&nbsp;31, 2019, Emera&#146;s investments in other energy-related <FONT STYLE="white-space:nowrap">non-regulated</FONT> companies (included within the Other
reportable segment) include the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera Energy, which consists of: </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera Energy Services (&#147;EES&#148;), a physical energy business that purchases and sells natural gas and electricity and
provides related energy asset management services; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Brooklyn Power Corporation (&#147;Brooklyn Energy&#148;), a 30 MW biomass
<FONT STYLE="white-space:nowrap">co-generation</FONT> electricity facility in Brooklyn, Nova Scotia; and </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">a 50.0&nbsp;per cent joint venture interest in Bear Swamp Power Company LLC (&#147;Bear Swamp&#148;), a 600 MW pumped
storage hydroelectric facility in northwestern Massachusetts. </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera Reinsurance Limited, a captive insurance company providing insurance and reinsurance to Emera and certain affiliates,
to enable more cost-efficient management of risk and deductible levels across Emera; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera US Finance LP (&#147;Emera Finance&#148;) and TECO Finance, Inc. (&#147;TECO Finance&#148;), financing subsidiaries of
Emera; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Emera US Holdings Inc., a wholly owned holding company for certain of Emera&#146;s assets located in the United States; and
</P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">other investments. </P></TD></TR></TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In
2019, the Company completed the sale of assets previously included in the Other segment, including the sale of Emera Energy&#146;s New England Gas Generating (&#147;NEGG&#148;) and Bayside facilities, and Emera Utility Services (&#147;EUS&#148;)
equipment and inventory. Refer to note 4 for further details of these transactions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>BASIS OF PRESENTATION </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These consolidated financial statements are prepared and presented in accordance with United States Generally Accepted Accounting Principles (&#147;USGAAP&#148;). In the
opinion of management, these consolidated financial statements include all adjustments that are of a recurring nature and necessary to fairly state the financial position of Emera. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All dollar amounts are presented in Canadian dollars, unless otherwise indicated. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>PRINCIPLES OF CONSOLIDATION </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The consolidated financial statements of Emera include the accounts of Emera Incorporated, its
majority-owned subsidiaries, and a variable interest entity (&#147;VIE&#148;) in which Emera is the primary beneficiary. Refer to note 31 for further details. Emera uses the equity method of accounting to record investments in which the Company has
the ability to exercise significant influence, and for variable interest entities in which Emera is not the primary beneficiary. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company performs ongoing
analysis to assess whether it holds any VIEs or whether any reconsideration events have arisen with respect to existing VIEs. To identify potential VIEs, management reviews contractual and ownership arrangements such as leases, long-term purchase
power agreements, tolling contracts, guarantees, jointly owned facilities and equity investments. The primary beneficiary of a VIE has both the power to direct the activities of the entity that most significantly impact its economic performance and
the obligation to absorb losses of the entity that could potentially be significant to the entity. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>84</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Intercompany balances and intercompany transactions have been eliminated on consolidation, except for the net profit on
certain transactions between certain <FONT STYLE="white-space:nowrap">non-regulated</FONT> and regulated entities in accordance with accounting standards for rate-regulated entities. The net profit on these transactions, which would be eliminated in
the absence of the accounting standards for rate-regulated entities, is recorded in <FONT STYLE="white-space:nowrap">non-regulated</FONT> operating revenues. An offset is recorded to property, plant and equipment, regulatory assets, regulated fuel
for generation and purchased power, or operating, maintenance and general (&#147;OM&amp;G&#148;), depending on the nature of the transaction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>USE OF MANAGEMENT ESTIMATES </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The preparation of
consolidated financial statements in accordance with USGAAP requires management to make estimates and assumptions. These may affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of
revenues and expenses during the reporting periods. Management evaluates the Company&#146;s estimates on an ongoing basis based upon historical experience, current conditions and assumptions believed to be reasonable at the time the assumption is
made, with any adjustments recognized in income in the year they arise. Actual results may differ significantly from these estimates. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REGULATORY MATTERS </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Regulatory accounting applies
where rates are established by, or subject to approval by, an independent third-party regulator. The rates are designed to recover the costs of providing the regulated products or services and provide a reasonable rate of return on the equity
invested or assets, as applicable (refer to note 15 for additional details). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FOREIGN CURRENCY TRANSLATION </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Monetary assets and liabilities, denominated in foreign currencies, are converted to Canadian dollars at the rates of exchange prevailing at the balance sheet date. The
resulting differences between the translation at the original transaction date and the balance sheet date are included in income. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Assets and liabilities of foreign
operations whose functional currency is not the Canadian dollar are translated using the exchange rates in effect at the balance sheet date and the results of operations at the average exchange rate in effect for the period. The resulting exchange
gains and losses on the assets and liabilities are deferred on the balance sheet in AOCI. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company designates certain United States dollar denominated debt held
in Canadian dollar functional currency companies as hedges of net investments in United States dollar denominated foreign operations. The change in the carrying amount of these investments, measured at the exchange rates in effect at the balance
sheet date is recorded in Other Comprehensive Income (&#147;OCI&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REVENUE RECOGNITION </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulated Electric Revenue </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Electric revenues, including energy charges, demand
charges, basic facilities charges and applicable clauses and riders, are recognized when obligations under the terms of a contract are satisfied, which is when electricity is delivered to customers over time as the customer simultaneously receives
and consumes the benefits of the electricity. Electric revenues are recognized on an accrual basis and include billed and unbilled revenues. Revenues related to the sale of electricity are recognized at rates approved by the respective regulator and
recorded based on metered usage, which occurs on a periodic, systematic basis, generally monthly or <FONT STYLE="white-space:nowrap">bi-monthly.</FONT> At the end of each reporting period, the electricity delivered to customers, but not billed, is
estimated and the corresponding unbilled revenue is recognized. The Company&#146;s estimate of unbilled revenue at the end of the reporting period is calculated by estimating the number of megawatt hour (&#147;MWh&#148;) delivered to customers at
the established rate expected to prevail in the upcoming billing cycle. This estimate includes assumptions as to the pattern of energy demand, weather, line losses and inter-period changes to customer classes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>85</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulated Gas Revenue </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Gas
revenues, including energy charges, demand charges, basic facilities charges and applicable clauses and riders, are recognized when obligations under the terms of a contract are satisfied, which is when gas is delivered to customers over time as the
customer simultaneously receives and consumes the benefits of the gas. Gas revenues are recognized on an accrual basis and include billed and unbilled revenues. Revenues related to the distribution and sale of gas are recognized at rates approved by
the respective regulator and recorded based on metered usage, which occurs on a periodic, systematic basis, generally monthly. At the end of each reporting period, the gas delivered to customers, but not billed, is estimated and the corresponding
unbilled revenue is recognized. The Company&#146;s estimate of unbilled revenue at the end of the reporting period is calculated by estimating the number of therms delivered to customers at the established rate expected to prevail in the upcoming
billing cycle. This estimate includes assumptions as to the pattern of usage, weather, and inter-period changes to customer classes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><FONT
STYLE="white-space:nowrap">Non-regulated</FONT> Revenue </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Marketing and trading margin is comprised of Emera Energy&#146;s corresponding purchases and sales of
natural gas and electricity, pipeline capacity costs and energy asset management revenues. Revenues are recorded when obligations under terms of a contract are satisfied and are presented on a net basis, reflecting the nature of the contractual
relationships with customers and suppliers. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Energy sales are recognized when obligations under the terms of the contracts are satisfied, which is when electricity is
delivered to customers over time. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Capacity payments are recognized when obligations under the terms of a contract are satisfied, which is as the plants stand ready
to deliver electricity to customers. Revenues related to capacity payments are recognized at rates determined through an auction process held annually, three years in advance, through the forward capacity market. </P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Other <FONT STYLE="white-space:nowrap">non-regulated</FONT> revenues are recorded when obligations under terms of a contract are satisfied. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Sales, value add, and other taxes, with the exception of gross receipts
taxes discussed below, collected by the Company concurrent with revenue-producing activities are excluded from revenue. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LEASES
</B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company determines whether a contract contains a lease at inception by evaluating if the contract conveys the right to control the use of an
identified asset for a period of time in exchange for consideration. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has leases with independent power producers and other utilities with annual requirements
to purchase wind and hydro energy over varying contract lengths that are classified as finance leases. These finance leases are not recorded on the Company&#146;s Consolidated Balance Sheets as payments associated with the leases are variable in
nature and there are no minimum fixed lease payments. Lease expense associated with these leases is recorded as &#147;Regulated fuel for generation and purchased power&#148; on the Consolidated Statements of Income. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Operating lease liabilities and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">right-of-use</FONT></FONT> (&#147;ROU&#148;) assets are recognized on
the Consolidated Balance Sheets based on the present value of the future minimum lease payments over the lease term at commencement date. As most of Emera&#146;s leases do not provide an implicit rate, the incremental borrowing rate at commencement
of the lease is used in determining the present value of future lease payments. Lease expense is recognized on a straight-line basis over the lease term and is recorded as &#147;Operating, maintenance and general&#148; on the Consolidated Statements
of Income. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Where the Company is the lessor, a lease is a sales-type lease if certain criteria are met and the arrangement transfers control of the underlying asset
to the lessee. For arrangements where the criteria are met due to the presence of a third-party residual value guarantee, the lease is a direct financing lease. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For
direct finance leases, a net investment in the lease is recorded that consists of the sum of the minimum lease payments and residual value (net of estimated executory costs and unearned income). The difference between the gross investment and the
cost of the leased item is recorded as unearned income at the inception of the lease. Unearned income is recognized in income over the life of the lease using a constant rate of interest equal to the internal rate of return on the lease. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>86</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For sales-type leases, the accounting is similar to the accounting for direct finance leases, however the difference
between the fair value and the carrying value of the leased item is recorded at lease commencement rather than deferred over the term of the lease. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has certain
contractual agreements that include lease and <FONT STYLE="white-space:nowrap">non-lease</FONT> components, which management has elected to account for as a single lease component for all leases. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FRANCHISE FEES AND GROSS RECEIPTS </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric
and PGS recover from customers certain costs incurred, on a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">dollar-for-dollar</FONT></FONT> basis, through prices approved by the Florida Public Service Commission (&#147;FPSC&#148;).
The amounts included in customers&#146; bills for franchise fees and gross receipt taxes are included as &#147;Regulated electric&#148; and &#147;Regulated gas&#148; revenues in the Consolidated Statements of Income. Franchise fees and gross receipt
taxes payable by Tampa Electric and PGS are included as an expense on the Consolidated Statements of Income in &#147;Provincial, state and municipal taxes&#148;. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NMGC is an agent in the collection and payment of franchise fees and gross receipt taxes and is not required by a tariff to present the amounts on a gross basis.
Therefore, NMGC&#146;s franchise fees and gross receipt taxes are presented net with no line item impact on the Consolidated Statements of Income. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>PROPERTY, PLANT AND EQUIPMENT </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Property, plant and equipment are recorded at original cost, including allowance for funds used during
construction (&#147;AFUDC&#148;) or capitalized interest, net of contributions received in aid of construction. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The cost of additions, including betterments and
replacements of units of property, plant and equipment are included in &#147;Property, plant and equipment&#148;. When units of regulated property, plant and equipment are replaced, renewed or retired, their cost plus removal or disposal costs, less
salvage proceeds, is charged to accumulated depreciation, with no gain or loss reflected in income. Where a disposition of <FONT STYLE="white-space:nowrap">non-regulated</FONT> property, plant and equipment occurs, gains and losses are included in
income as the dispositions occur. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The cost of property, plant and equipment represents the original cost of materials, contracted services, direct labour, AFUDC for
regulated property or interest for <FONT STYLE="white-space:nowrap">non-regulated</FONT> property, asset retirement obligations (&#147;ARO&#148;) and overhead attributable to the capital project. Overhead includes corporate costs such as finance,
information technology and executive costs, along with other costs related to support functions, employee benefits, insurance, procurement, and fleet operating and maintenance. Expenditures for project development are capitalized if they are
expected to have a future economic benefit. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Normal maintenance projects are expensed as incurred. Planned major maintenance projects that do not increase the overall
life of the related assets are expensed. When a major maintenance project increases the life or value of the underlying asset, the cost is capitalized. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Depreciation
is determined by the straight-line method, based on the estimated remaining service lives of the depreciable assets in each functional class of depreciable property. For some of Emera&#146;s rate regulated subsidiaries depreciation is calculated
using the group remaining life method which is applied to the average investment, adjusted for anticipated costs of removal less salvage, in functional classes of depreciable property. The service lives of regulated assets require the appropriate
regulatory approval. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Intangible assets, which are included in &#147;Property, plant and equipment&#148; consist primarily of computer software, land rights and
naming rights with definite lives. Amortization is determined by the straight-line method, based on the estimated remaining service lives of the asset in each category. For some of Emera&#146;s rate regulated subsidiaries, amortization is calculated
using the amortizable life method which is applied to the net book value to date over the remaining life of those assets not classified as depreciable property above. The service lives of regulated intangible assets require regulatory approval. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GOODWILL </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Goodwill is calculated as the excess of
the purchase price of an acquired entity over the estimated fair values of assets acquired and liabilities assumed at the acquisition date. Goodwill is carried at initial cost less any write-down for impairment and is adjusted for the impact of
foreign exchange. Under the applicable accounting guidance, goodwill is subject to an annual assessment for impairment at the reporting unit level. Refer to note 21 for further detail. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>87</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INCOME TAXES AND INVESTMENT TAX CREDITS </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera recognizes deferred income tax assets and liabilities for the future tax consequences of events that have been included in the financial statements or income tax
returns. Deferred income tax assets and liabilities are determined based on the difference between the carrying value of assets and liabilities on the Consolidated Balance Sheets and their respective tax bases using enacted tax rates in effect for
the year in which the differences are expected to reverse. Emera recognizes the effect of income tax positions only when it is more likely than not that they will be realized. Management reviews all readily available current and historical
information, including forward-looking information, and the likelihood that deferred tax assets will be recovered from future taxable income is assessed and assumptions about the expected timing of the reversal of deferred tax assets and liabilities
are made. If management subsequently determines that it is likely that some or all of a deferred income tax asset will not be realized, then a valuation allowance is recorded to reflect the amount of deferred income tax asset expected to be
realized. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Generally, investment tax credits are recorded as a reduction to income tax expense in the current or future periods to the extent that realization of such
benefit is more likely than not. Investment tax credits earned by Tampa Electric, PGS, NMGC and Emera Maine on regulated assets are deferred and amortized over the estimated service lives of the related properties, as required by regulatory
practices. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s rate-regulated subsidiaries recognize regulatory assets or liabilities where the deferred income taxes are expected to be recovered from or
returned to customers in future rates, unless specifically directed by a regulator to flow deferred income taxes through earnings. These regulated assets or liabilities are grossed up using the respective income tax rate to reflect the income tax
associated with future revenues that are required to fund these deferred income tax liabilities, and the income tax benefits associated with reduced revenues resulting from the realization of deferred income tax assets. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera classifies interest and penalties associated with unrecognized tax benefits as interest and operating expense, respectively. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Refer to note 8 for further details. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DERIVATIVES AND
HEDGING ACTIVITIES </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company manages its exposure to normal operating and market risks relating to commodity prices, foreign exchange, interest rates
and share prices through contractual protections with counterparties where practicable, and by using financial instruments consisting mainly of foreign exchange forwards and swaps, interest rate options and swaps, equity derivatives, and coal, oil
and gas futures, options, forwards and swaps. In addition, the Company has contracts for the physical purchase and sale of natural gas. These physical and financial contracts are classified as <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">held-for-trading</FONT></FONT> (&#147;HFT&#148;). Collectively, these contracts and financial instruments are considered derivatives. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
Company recognizes the fair value of all its derivatives on its balance sheet, except for <FONT STYLE="white-space:nowrap">non-financial</FONT> derivatives that meet the normal purchases and normal sales (&#147;NPNS&#148;) exception. A physical
contract generally qualifies for the NPNS exception if the transaction is reasonable in relation to the Company&#146;s business needs, the counterparty owns or controls resources within the proximity to allow for physical delivery, the Company
intends to receive physical delivery of the commodity, and the Company deems the counterparty creditworthy. Emera continually assesses contracts designated under the NPNS exception and will discontinue the treatment of these contracts under this
exemption where the criteria are no longer met. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivatives qualify for hedge accounting if they meet stringent documentation requirements and can be proven to
effectively hedge the identified risk both at the inception and over the term of the instrument. Specifically, for cash flow hedges, the change in the fair value of derivatives is deferred to AOCI and recognized in income in the same period the
related hedged item is realized. Where the documentation or effectiveness requirements are not met any changes in fair value are recognized in net income in the reporting period, unless deferred as a result of regulatory accounting. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivatives entered into by NMGC, NSPI and GBPC that are documented as economic hedges, and for which the NPNS exception has not been taken, are subject to regulatory
accounting treatment. The change in fair value of the derivatives is deferred to a regulatory asset or liability. The gain or loss is recognized in the hedged item when the hedged item is settled. Management believes any gains or losses resulting
from settlement of these derivatives related to fuel for generation and purchased power will be refunded to or collected from customers in future rates. Tampa Electric and PGS have no derivatives related to hedging as a result of a Florida Public
Service Commission approved five-year moratorium on hedging of natural gas purchases which ends on December&nbsp;31, 2022. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>88</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivatives that do not meet any of the above criteria are designated as HFT, with changes in fair value normally
recorded in net income of the period, unless deferred as a result of regulatory accounting. The Company has not elected to designate any derivatives to be included in the HFT category where another accounting treatment would apply. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera classifies gains and losses on derivatives as a component of fuel for generation and purchased power, other expenses, inventory and property, operating maintenance
and general and plant and equipment, depending on the nature of the item being economically hedged. Transportation capacity arising as a result of marketing and trading transactions is recognized as an asset in &#147;Other&#148; and amortized over
the period of the transportation contract term. Cash flows from derivative activities are presented in the same category as the item being hedged within operating or investing activities on the Consolidated Statements of Cash Flows. <FONT
STYLE="white-space:nowrap">Non-hedged</FONT> derivatives are included in operating cash flows on the Consolidated Statements of Cash Flows. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivatives, as reflected
on the Consolidated Balance Sheets, are not offset by the fair value amounts of cash collateral with the same counterparty. Rights to reclaim cash collateral are recognized in &#147;Receivables and other current assets&#148; and obligations to
return cash collateral are recognized in &#147;Accounts payable&#148;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CASH, CASH EQUIVALENTS AND RESTRICTED CASH </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Cash equivalents consist of highly liquid short-term investments with original maturities of three months or less at acquisition. There were no short-term investments at
December&nbsp;31, 2019 (2018 &#150; $43&nbsp;million with an effective interest rate of 2.0 per cent). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>RECEIVABLES AND ALLOWANCE FOR
DOUBTFUL ACCOUNTS </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Utility customer receivables are recorded at the invoiced amount and do not bear interest. Standard payment terms for electricity and
gas sales are approximately 30 days. A late payment fee may be assessed on account balances after the due date. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is exposed to credit risk with respect to
amounts receivable from customers. Credit assessments may be conducted on new customers. Deposits are requested accounts as required. The Company also maintains provisions for potential credit losses, which are assessed on a regular basis. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Management estimates uncollectible accounts receivable after considering historical loss experience, customer deposits, current events and the characteristics of existing
accounts. Provisions for losses on receivables are expensed to maintain the allowance at a level considered adequate to cover expected losses. Receivables are written off against the allowance when they are deemed uncollectible. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INVENTORY </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Fuel and materials inventories are
valued using the weighted-average cost method. These inventories are carried at the lower of weighted-average cost or net realizable value, unless evidence indicates that the weighted-average cost will be recovered in future customer rates. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>ASSET IMPAIRMENT </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Long-Lived Assets </B></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera assesses whether there has been an impairment of long-lived assets and intangibles when a triggering event occurs, such as a significant market disruption or sale
of a business. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The review of long-lived assets for impairment involves comparing the undiscounted expected future cash flows to the carrying value of the asset. When
the undiscounted cash flow analysis indicates a long-lived asset is not recoverable, the amount of the impairment loss is determined by measuring the excess of the carrying amount of the long-lived asset over its estimated fair value. The
Company&#146;s assumptions relating to future results of operations or other recoverable amounts are based on a combination of historical experience, fundamental economic analysis, observable market activity and independent market studies. The
Company&#146;s expectations regarding uses and holding periods of assets are based on internal long-term budgets and projections, which give consideration to external factors and market forces, as of the end of each reporting period. The assumptions
made are consistent with generally accepted industry approaches and assumptions used for valuation and pricing activities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>89</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As a result of the damage caused by Hurricane Dorian, the Company completed an asset impairment analysis in Q4 2019.
Property, plant and equipment and inventory with a book value of approximately $18&nbsp;million USD was determined to be impaired and was reclassified as a regulatory asset. GBPC recorded an offsetting insurance receivable of $15&nbsp;million USD
against this regulatory asset. It is anticipated that the regulatory asset balance of $3&nbsp;million USD remaining at December&nbsp;31, 2019 will be recovered through insurance. Refer to note 15 for further details. No impairment was recorded in
2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Goodwill </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Goodwill is not amortized, but is subject to an annual
assessment for impairment at the reporting unit level. Reporting units are generally determined at the operating segment level or one level below the operating segment level. Reporting units with similar characteristics are grouped for the purpose
of determining impairment, if any, of goodwill. Entities assessing goodwill for impairment have the option of first performing a qualitative assessment to determine whether a quantitative assessment is necessary. In performing a qualitative
assessment management considers, among other factors, macroeconomic conditions, industry and market considerations and overall financial performance. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">If an entity
performs the qualitative assessment and determines that it is more likely than not that its fair value is less than its carrying amount or if an entity chooses to bypass the qualitative assessment, a quantitative test is performed. The quantitative
test compares the fair value of the reporting unit to its carrying amount, including goodwill. If the carrying amount of the reporting unit exceeds its fair value, an impairment loss is recorded as a reduction to goodwill and a charge to operating
expense. Management estimates the fair value of the reporting unit by using the income approach or a combination of the income and market approach. The income approach is applied using a discounted cash flow analysis which relies on
management&#146;s best estimate of the reporting units&#146; projected cash flows. The analysis includes an estimate of terminal values based on these expected cash flows using a methodology which derives a valuation using an assumed perpetual
annuity based on the entity&#146;s residual cash flows. The discount rate used is a market participant rate based on a peer group of publicly traded comparable companies and represents the weighted average cost of capital of comparable companies.
When using the market approach, management estimates fair value based on comparable companies and transactions within the utility industry. Significant assumptions used in estimating the fair value include discount and growth rates, rate case
assumptions, valuation of Emera&#146;s net operating loss (&#147;NOL&#148;), utility sector market performance and transactions, projected operating and capital cash flows and the fair value of debt. Adverse changes in assumptions described above
could result in a future material impairment of the goodwill assigned to Emera&#146;s reporting units with goodwill. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In Q4 2019, the Company performed quantitative
impairment assessments at the reporting unit level. The quantitative assessments for Tampa Electric, PGS and NMGC concluded that the fair value of the reporting units exceeded their respective carrying amounts. However, it was determined that
including the impacts of Hurricane Dorian, the fair value of GBPC did not exceed its carrying amount. As a result of this assessment, a goodwill impairment charge of $30&nbsp;million was recorded in 2019 due to a decrease in expected future cash
flows resulting from the impacts of Hurricane Dorian storm recovery and changes in the anticipated long term regulated capital structure of GBPC. No impairment was recorded in 2018. Refer to note 21 for further details. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s assets and liabilities are classified as held for sale, including $148&nbsp;million of goodwill, and are measured at the lower of their carrying value
or fair value less costs to sell. The measurement did not result in a fair value adjustment and goodwill is not impaired. Refer to notes 4 and 21 for further details. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Equity Method Investments </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The carrying value of investments accounted for
under the equity method are assessed for impairment by comparing the fair value of these investments to their carrying values, if a fair value assessment was completed, or by reviewing for the presence of impairment indicators. If an impairment
exists and it is determined to be other-than-temporary, a charge is recognized in earnings equal to the amount the carrying value exceeds the investment&#146;s fair value. No impairment of equity method investments was required for either 2018 or
2019. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>90</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Financial Assets </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Equity
investments, other than those accounted for under the equity method of accounting, are measured at fair value with changes in fair value recognized in the Consolidated Statements of Income. Equity investments that do not have readily determinable
fair values are recorded at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investments. No material impairment of financial assets was required for
either 2018 or 2019. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>ASSET RETIREMENT OBLIGATIONS </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">An ARO is recognized if a legal obligation exists in connection with the future disposal or removal costs resulting from the permanent retirement, abandonment or sale of
a long-lived asset. A legal obligation may exist under an existing or enacted law or statute, written or oral contract, or by legal construction under the doctrine of promissory estoppel. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">An ARO represents the fair value of the estimated cash flows necessary to discharge the future obligation using the Company&#146;s credit adjusted risk-free rate. The
amounts are reduced by actual expenditures incurred. Estimated future cash flows are based on completed depreciation studies, remediation reports, prior experience, estimated useful lives and governmental regulatory requirements. The present value
of the liability is recorded and the carrying amount of the related long-lived asset is correspondingly increased. The amount capitalized at inception is depreciated in the same manner as the related long-lived asset. Over time, the liability is
accreted to its estimated future value. AROs are included in &#147;Other long-term liabilities&#148; and accretion expense is included as part of &#147;Depreciation and amortization&#148;. Any regulated accretion expense not yet approved by the
regulator is recorded in &#147;Property, plant and equipment&#148; and included in the next depreciation study. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019 and 2018, some of the
Company&#146;s transmission and distribution assets may have conditional ARO&#146;s which are not recognized in the consolidated financial statements as the fair value of these obligations could not be reasonably estimated, given there is
insufficient information to do so. A conditional ARO refers to a legal obligation to perform an asset retirement activity in which the timing and/or method of settlement are conditional on a future event that may or may not be within the control of
the entity. Management monitors these obligations and a liability is recognized at fair value in the period in which an amount can be determined. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>COST OF REMOVAL </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric, PGS, NMGC and NSPI recognize <FONT STYLE="white-space:nowrap">non-ARO</FONT> costs of removal
(&#147;COR&#148;) as regulatory liabilities. The <FONT STYLE="white-space:nowrap">non-ARO</FONT> costs of removal represent funds received from customers through depreciation rates to cover estimated future
<FONT STYLE="white-space:nowrap">non-legally</FONT> required cost of removal of property, plant and equipment upon retirement. The companies accrue for removal costs over the life of the related assets based on depreciation studies approved by their
respective regulators. The costs are estimated based on historical experience and future expectations, including expected timing and estimated future cash outlays. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>STOCK-BASED COMPENSATION </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has several
stock-based compensation plans: a common share option plan for senior management; an employee common share purchase plan; a deferred share unit (&#147;DSU&#148;) plan; a performance share unit (&#147;PSU&#148;) plan; and a restricted share unit
(&#147;RSU&#148;) plan. The Company accounts for its plans in accordance with the fair value based method of accounting for stock-based compensation. Stock-based compensation cost is measured at the grant date, based on the calculated fair value of
the award, and is recognized as an expense over the employee&#146;s or director&#146;s requisite service period using the graded vesting method. Stock-based compensation plans recognized as liabilities are initially measured at fair value and <FONT
STYLE="white-space:nowrap">re-measured</FONT> at fair value at each reporting date with the change in liability recognized in income. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>EMPLOYEE BENEFITS </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The costs of the
Company&#146;s pension and other post-retirement benefit programs for employees are expensed over the periods during which employees render service. The Company recognizes the funded status of its defined-benefit and other post-retirement plans on
the balance sheet and recognizes changes in funded status in the year the change occurs. The Company recognizes the unamortized gains and losses and past service costs in AOCI or regulatory assets. The components of net periodic benefit cost other
than the service cost component are included in &#147;Other income (expense), net&#148; on the Consolidated Statements of Income. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>91</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>2. CHANGE IN ACCOUNTING POLICY </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The new USGAAP accounting policies that are applicable to, and adopted by the Company in 2019, are described as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LEASES </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On January&nbsp;1, 2019, the Company
adopted Accounting Standard Updates (&#147;ASU&#148;) <FONT STYLE="white-space:nowrap">2016-02,</FONT> <I>Leases (Topic 842)</I>, including all related amendments, using the modified retrospective approach. The standard requires lessees to recognize
leases on the balance sheet for all leases with a term of longer than twelve months and disclose key information about leasing arrangements. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As permitted by the
optional transition method, Emera did not restate comparative financial information in the Company&#146;s consolidated financial statements, did not reassess whether any expired or existing contracts contained leases and carried forward existing
lease classifications. Additionally, the Company elected to not evaluate existing land easements under the new standard if the land easements were not previously accounted for under the leasing guidance within ASC Topic 840. The Company elected to
use hindsight to determine the lease term for existing leases and elected to not separate lease components from <FONT STYLE="white-space:nowrap">non-lease</FONT> components for all lessee and lessor arrangements. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has implemented additional processes and controls to facilitate the identification, tracking and reporting of potential leases based on the requirements of the
standard. There were no updates to information technology systems as a result of implementation. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s adoption of this new standard resulted in <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">right-of-use</FONT></FONT> (&#147;ROU&#148;) assets and lease liabilities of approximately $58&nbsp;million as of January&nbsp;1, 2019. The ROU assets and lease liabilities were measured at
the present value of remaining lease payments using the Company&#146;s incremental borrowing rate. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">There was no impact to opening retained earnings as at
January&nbsp;1, 2019 or the Company&#146;s net income or cash flows for the year ended December&nbsp;31, 2019 as a result of the adoption of the standard. There were no significant impacts to Emera&#146;s accounting for lessor arrangements. Refer to
note 18 of the consolidated financial statements for further detail. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>TARGETED IMPROVEMENTS TO ACCOUNTING FOR HEDGING ACTIVITIES
</B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On January&nbsp;1, 2019, the Company adopted ASU <FONT STYLE="white-space:nowrap">2017-12,</FONT> <I>Targeted Improvements to Accounting for Hedging
Activities</I>, which amends the hedge accounting recognition and presentation requirements in ASC Topic 815. This standard improves the transparency and understandability of information about an entity&#146;s risk management activities by better
aligning the entity&#146;s financial reporting for hedging relationships with those risk management activities and simplifies the application of hedge accounting. The standard will make more financial and nonfinancial hedging strategies eligible for
hedge accounting, amends the presentation and disclosure requirements for hedging activities and changes how entities assess hedge effectiveness. There was no impact on the consolidated financial statements as a result of the adoption of this
standard. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CLOUD COMPUTING </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In August 2018,
the Financial Accounting Standards Board (&#147;FASB&#148;) issued ASU <FONT STYLE="white-space:nowrap">2018-15,</FONT> <I>Customer&#146;s Accounting for</I> <I>Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service
Contract</I>. The standard allows entities<I> </I>who are customers in hosting arrangements that are service contracts to apply the existing <FONT STYLE="white-space:nowrap">internal-use</FONT> software guidance to determine which implementation
costs to capitalize as an asset related to the service contract and which costs to expense. The guidance specifies classification for capitalizing implementation costs and related amortization expense within the financial statements and requires
additional disclosures. The guidance is effective for annual reporting periods, including interim reporting within those periods, beginning after December&nbsp;15, 2019. Early adoption is permitted and can be applied either retrospectively or
prospectively. The Company early adopted the standard effective January&nbsp;1, 2019 and elected to apply the guidance prospectively. There was no material impact on the consolidated financial statements as a result of the adoption of this standard.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>92</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>3. FUTURE ACCOUNTING PRONOUNCEMENTS </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company considers the applicability and impact of all ASUs issued by the FASB. The following updates have been issued by the FASB, but have not yet been adopted by
Emera. Any ASUs not included below were assessed and determined to be either not applicable to the Company or have an insignificant impact on the consolidated financial statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>MEASUREMENT OF CREDIT LOSSES ON FINANCIAL INSTRUMENTS </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In June 2016, the FASB issued ASU <FONT STYLE="white-space:nowrap">2016-13,</FONT> <I>Measurement of Credit Losses on Financial Instruments</I>. The standard provides
guidance regarding the measurement of credit losses for financial assets and certain other instruments that are not accounted for at fair value through net income, including trade and other receivables, debt securities, net investment in leases, and
<FONT STYLE="white-space:nowrap">off-balance</FONT> sheet credit exposures. The new guidance requires companies to replace the current incurred loss impairment methodology with a methodology that measures all expected credit losses for financial
assets based on historical experience, current conditions, and reasonable and supportable forecasts. The guidance expands the disclosure requirements regarding credit losses, including the credit loss methodology and credit quality indicators. The
Company adopted ASU <FONT STYLE="white-space:nowrap">2016-13</FONT> effective January&nbsp;1, 2020, with no significant changes to accounting and disclosure identified related to the adoption of the standard. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SIMPLIFYING THE ACCOUNTING FOR INCOME TAXES </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In
December 2019, the FASB issued ASU <FONT STYLE="white-space:nowrap">2019-12,</FONT> <I>Simplifying the Accounting for Income Taxes</I>. The standard simplifies the accounting for income taxes by eliminating certain exceptions to the guidance in ASC
740 related to the approach for intraperiod tax allocation, simplifies aspects of accounting for franchise taxes and enacted changes in tax laws or rates and clarifies the accounting for transactions that result in a
<FONT STYLE="white-space:nowrap">step-up</FONT> in the tax basis of goodwill. The guidance will be effective for annual reporting periods, including interim reporting within those periods, beginning after December&nbsp;15, 2020, with early adoption
permitted. The standard will be applied on both a prospective and retrospective basis. The Company is currently evaluating the impact of adoption of the standard on its consolidated financial statements. </P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>4. DISPOSITIONS </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>HELD
FOR SALE </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Maine </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;25, 2019, Emera announced
the sale of Emera Maine for a total enterprise value of approximately $1.3&nbsp;billion USD including cash proceeds of $959&nbsp;million USD, transferred debt and a working capital adjustment on close. The transaction is expected to close in early
2020, subject to the approval of the MPUC. All other required regulatory approvals have been received. A material gain on the sale is expected to be recognized in earnings at closing. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s assets and liabilities are classified as held for sale and are measured at the lower of their carrying value or fair value less costs to sell. The
measurement did not result in a fair value adjustment. The Company will continue to record depreciation on these assets, through the transaction closing date, as the depreciation continues to be reflected in customer rates and will be reflected in
the carryover basis of the assets when sold. Depreciation and amortization of $39&nbsp;million ($29&nbsp;million USD) has been recorded on these assets from March&nbsp;25, 2019, the date they were classified as held for sale to December&nbsp;31,
2019. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>93</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Details of Emera Maine&#146;s assets and liabilities classified as held for sale are as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="91%"></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Receivables and other current assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current assets held for sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>85</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,293</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Goodwill</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">148</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">122</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">56</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-term assets held for sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,619</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets held for sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,704</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accounts payable and other current liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">103</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current liabilities associated with assets held for
sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>114</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">467</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">145</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">83</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-term liabilities associated with assets held for
sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>899</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities associated with assets held for
sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,013</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DISPOSITIONS </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>New England Gas Generation </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;29, 2019, Emera completed the sale of
its three NEGG facilities for cash proceeds of $799&nbsp;million ($598&nbsp;million USD) including a working capital adjustment. The NEGG assets were classified as held for sale at December&nbsp;31, 2018 and the Company ceased depreciation of these
assets on November&nbsp;27, 2018. The NEGG facilities were included within the Company&#146;s Other reportable segment. The earnings impact of this sale transaction was immaterial. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Details of NEGG&#146;s assets and liabilities classified as held for sale at December&nbsp;31, 2018 are as follows: </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="91%"></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Receivables and other current assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Inventory</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current assets held for sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>53</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Property, plant and equipment</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">777</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-term assets held for sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>777</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets held for sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>830</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accounts payable and other current liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current liabilities associated with assets held for
sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-term liabilities associated with assets held for
sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities associated with assets held for
sale</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>94</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;5, 2019,
the Company completed the sale of its Bayside facility for cash proceeds of $46&nbsp;million. The Bayside facility was included within the Company&#146;s Other reportable segment. The earnings impact of this sale transaction was immaterial. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;20, 2019, Emera completed the sale of EUS assets. EUS ceased operations on September&nbsp;30, 2019, and there was no material impact on Emera&#146;s
balance sheet or earnings as a result of this transaction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>5. SEGMENT INFORMATION </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera manages its reportable segments separately due in part to their different operating, regulatory and geographical environments. Segments are reported based on each
subsidiary&#146;s contribution of revenues, net income attributable to common shareholders and total assets, as reported to the Company&#146;s chief operating decision maker. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Effective January&nbsp;1, 2019, Emera revised its reportable segments to align with strategic priorities and internal governance. These new reporting segments align with
how the Company assesses financial performance and makes decisions about resource allocations. All comparative segment financial information has been restated with no impact to reported consolidated results. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The five new reportable segments are: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Florida Electric Utility; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Canadian Electric Utilities; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Other Electric Utilities; </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Gas Utilities and Infrastructure; and </P></TD></TR></TABLE>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Other </P></TD></TR></TABLE> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="75%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Florida<BR>Electric<BR>Utility</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Canadian<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Other<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Gas Utilities<BR>and<BR>Infrastructure</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Other</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Inter-<BR>segment<BR>Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Total</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>For the year ended December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues from external customers <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B> 2,596</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,429</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B> 744</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,097</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B> 245</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>-</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,111</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Inter-segment revenues
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(71</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating revenues</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,607</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,430</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>744</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,119</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>282</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(71</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,111</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">AFUDC &#150; debt and equity</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Depreciation and amortization</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>445</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>231</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>107</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>109</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>903</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>142</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>52</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>59</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>331</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>738</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Internally allocated interest <SUP
STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>91</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense (recovery)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>79</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(10</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(67</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating, maintenance and general (&#147;OM&amp;G&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>554</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>313</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>319</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>130</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(47</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,464</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>34</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income (loss) attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>419</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>229</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>183</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(213</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>663</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capital expenditures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,393</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>384</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>448</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>63</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,483</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>As at December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>16,214</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,717</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,069</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,489</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,459</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,106</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31,842</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investments subject to significant influence</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,133</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>41</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>138</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,312</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Goodwill</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,544</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>70</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,218</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,835</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">All significant inter-company balances and inter-company transactions have been eliminated on consolidation except for
certain transactions between <FONT STYLE="white-space:nowrap">non-regulated</FONT> and regulated entities that have not been eliminated because management believes the elimination of these transactions would understate property, plant and equipment,
OM&amp;G expenses, or regulated fuel for generation and purchased power. Inter-company transactions that have not been eliminated are measured at the amount of consideration established and agreed to by the related parties. Eliminated transactions
are included in determining reportable segments. </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">Segment net income is reported on a basis that includes internally allocated financing costs. </P></TD></TR></TABLE>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">Primarily relates to consolidated deferred tax reclassifications. Deferred tax assets are reclassified and netted with
deferred tax liabilities upon consolidation. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>95</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="77%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Florida<BR>Electric<BR>Utility</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Canadian<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Gas&nbsp;Utilities<BR>and<BR>Infrastructure</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Inter-<BR>segment<BR>Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>For the year ended December&nbsp;31, 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues from external customers <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,670</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,437</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">745</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,062</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">610</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,524&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Inter-segment revenues
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">51</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(99</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating revenues</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,679</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,440</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">745</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,098</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">661</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(99</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,524&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">AFUDC &#150; debt and equity</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Depreciation and amortization</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">405</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">219</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">114</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">129</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">916&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">132</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">139</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">48</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">55</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">339</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">713&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Internally allocated interest <SUP
STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income from equity investments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">87</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">154&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense (recovery)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">85</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">47</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(80</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">OM&amp;G</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">667</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">286</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">188</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">295</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">206</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(62</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,580&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income (loss) attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">381</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">218</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">85</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">135</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(109</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">710&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capital expenditures</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,217</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">345</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">187</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">330</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">72</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,151&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>As at December&nbsp;31, 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15,997</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,275</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,094</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,404</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,653</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,109</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32,314&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investments subject to significant influence</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,079</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">77</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">155</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,316&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Goodwill</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,774</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">260</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,279</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,313&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">All significant inter-company balances and inter-company transactions have been eliminated on consolidation except for
certain transactions between <FONT STYLE="white-space:nowrap">non-regulated</FONT> and regulated entities that have not been eliminated because management believes the elimination of these transactions would understate property, plant and equipment,
OM&amp;G expenses, or regulated fuel for generation and purchased power. Inter-company transactions that have not been eliminated are measured at the amount of consideration established and agreed to by the related parties. Eliminated transactions
are included in determining reportable segments. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Segment net income is reported on a basis that includes internally allocated financing costs. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Primarily relates to consolidated deferred tax reclassifications. Deferred tax assets are reclassified and netted with
deferred tax liabilities upon consolidation. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GEOGRAPHICAL INFORMATION </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Revenues <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canada</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,497</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,520&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,140</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,537&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Barbados</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>320</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">319&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">The Bahamas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>112</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">121&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dominica</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>42</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">27&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,111</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,524&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Revenues are based on country of origin of the product or service sold. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>96</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Property Plant and Equipment: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="92%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31&nbsp;&nbsp;<BR>2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canada</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,248</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,128&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">United States <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>13,095</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13,739&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Barbados</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>462</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">446&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">The Bahamas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>282</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">315&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dominica</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>80</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">84&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18,167</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18,712&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Excludes Emera Maine balances classified as held for sale as at December&nbsp;31, 2019. Refer to note 4 for further
details. </P></TD></TR></TABLE> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>6. REVENUE </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
following disaggregates the Company&#146;s revenue by major source: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="78%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Florida<BR>Electric<BR>Utility</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Canadian<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Gas Utilities<BR>and<BR>Infrastructure</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Inter-<BR>segment<BR>Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>For the year ended December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Regulated</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Electric Revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,387</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">746</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">276</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,409&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">745</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">400</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">339</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,484&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">207</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">210</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">461&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other electric and regulatory deferrals</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">246</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">45</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">304&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">72</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">111&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated electric revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,607</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,430</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">744</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,769&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gas Revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">502</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">502&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">298</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">298&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">50</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">50&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Finance income <SUP STYLE="font-size:85%; vertical-align:top">(2) (3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">60</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">60&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">193</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">171&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated gas revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,103</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,081&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B><FONT STYLE="white-space:nowrap">Non-Regulated</FONT></B></P></TD>

<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Marketing and trading margin <SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Energy sales <SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">68&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capacity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Mark-to-market</FONT></FONT> <SUP
STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">102</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">102&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT>
revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">282</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(37</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">261&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating revenues</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,607</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,430</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>744</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,119</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>282</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(71</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,111&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other includes rental revenues, which do not represent revenue from contracts with customers. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Revenue related to Brunswick Pipeline&#146;s service agreement with Repsol Energy Canada. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Revenue which does not represent revenues from contracts with customers. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes gains (losses) on settlement of energy related derivatives, which do not represent revenue from contracts with
customers. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>97</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="78%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Florida<BR>Electric<BR>Utility</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Canadian<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other<BR>Electric<BR>Utilities</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Gas Utilities<BR>and<BR>Infrastructure</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Other</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Inter-<BR>segment<BR>Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>For the year ended December&nbsp;31, 2018</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Regulated</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Electric Revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,384</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">731</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">261</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,376&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">755</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">405</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,510&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">209</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">46</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">488&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other electric and regulatory deferrals</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">312</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">371&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">72</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">107&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated electric revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,679</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,440</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">745</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,852&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gas Revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">492</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">492&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">291</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">291&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Finance income <SUP STYLE="font-size:85%; vertical-align:top">(2) (3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">57</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">57&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">155&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated gas revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,080</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,044&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B><FONT STYLE="white-space:nowrap">Non-Regulated</FONT></B></P></TD>

<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Marketing and trading margin <SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">115</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">115&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Energy sales <SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">309</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">293&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capacity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">136</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">136&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">47</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(35</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Mark-to-market</FONT></FONT> <SUP
STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">54</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">54&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-regulated</FONT>
revenue</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">661</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(51</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">628&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total operating revenues</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,679</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,440</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">745</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,098</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">661</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(99</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;6,524&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Other includes rental revenues, which do not represent revenue from contracts with customers. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Revenue related to Brunswick Pipeline&#146;s service agreement with Repsol Energy Canada. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Revenue which does not represent revenues from contracts with customers. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes gains (losses) on settlement of energy related derivatives, which do not represent revenue from contracts with
customers. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Remaining Performance Obligations </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Remaining
performance obligations primarily represent gas transportation contracts, lighting contracts and long-term steam supply arrangements with fixed contract terms. As of December&nbsp;31, 2019, the aggregate amount of the transaction price allocated to
remaining performance obligations was $347&nbsp;million (2018 &#150; $370 million). As allowed by the practical expedient in ASC 606, this amount excludes contracts with an original expected length of one year or less and variable amounts for which
Emera recognizes revenue at the amount to which it has the right to invoice for services performed. Emera expects to recognize revenue for the remaining performance obligations through 2033. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>98</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>7. INVESTMENTS SUBJECT TO SIGNIFICANT INFLUENCE AND EQUITY INCOME </B></FONT></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Carrying Value</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">As&nbsp;at&nbsp;December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Equity&nbsp;Income</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">For&nbsp;the&nbsp;year&nbsp;ended<BR>December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000">
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percentage&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">of&nbsp;&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">ownership&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">LIL <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>579</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">534</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">42</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>49.5&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPML</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>554</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">545</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">45</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>100.0&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">M&amp;NP <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>138</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">155</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12.9&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Lucelec <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>41</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">42</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19.1&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Bear Swamp <SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>50.0&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other Investments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,312</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,316</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">154</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Emera indirectly owns 100&nbsp;per cent of the Class&nbsp;B units, which comprises 24.9&nbsp;per cent of the total units
issued. Emera&#146;s percentage ownership in LIL is subject to change, based on the balance of capital investments required from Emera and Nalcor Energy to complete construction of the LIL. Emera&#146;s ultimate percentage investment in LIL will be
determined upon final costing of all transmission projects related to the Muskrat Falls development, including the LIL, Labrador Transmission Assets and Maritime Link Projects, such that Emera&#146;s total investment in the Maritime Link and LIL
will equal 49&nbsp;per cent of the cost of all of these transmission developments. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Although Emera&#146;s ownership percentage of these entities is relatively low, it is considered to have significant
influence over the operating and financial decisions of these companies through Board representation. Therefore, Emera records its investment in these entities using the equity method. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The investment balance in Bear Swamp is in a credit position, primarily a result of a $179&nbsp;million distribution
received in 2015. Bear Swamp&#146;s credit investment balance of $137&nbsp;million (2018 &#150; $172 million) is recorded in &#147;Other long-term liabilities&#148; on the Consolidated Balance Sheets. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Equity investments include a $14&nbsp;million difference between the cost and the underlying fair value of the investees&#146; assets as at the date of acquisition. The
excess is attributable to goodwill. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera accounts for its variable interest investment in NSPML as an equity investment (note 31). NSPML&#146;s consolidated
summarized balance sheets are illustrated as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="94%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><B>December&nbsp;31<BR>2019</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000">December&nbsp;31&nbsp;&nbsp;<BR>2018&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Balance Sheets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>69</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">86&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,671</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,690&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>177</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-current</FONT> assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><B>32</B></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">32&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>$</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><B>1,949</B></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">1,916&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>23</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term debt <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,288</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,288&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-current</FONT> liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>84</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><B>554</B></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right">545&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total liabilities and equity</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><B>$</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><B>1,949</B></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">$</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right">1,916&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The project debt has been guaranteed by the Government of Canada. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>99</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>8. INCOME TAXES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The income tax provision, for the years ended December&nbsp;31, differs from that computed using the enacted combined Canadian federal and Nova Scotia and New Brunswick
provincial statutory income tax rate for the following reasons: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income before provision for income taxes</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>771</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">816</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Statutory income tax rate</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income taxes, at statutory income tax rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>239</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">253</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes on regulated income recorded as regulatory assets and regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(66</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign tax rate variance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(49</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(55</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortization of deferred income tax regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tax effect of equity earnings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investment tax credits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in treatment of NMGC net operating loss carryforwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Florida state tax apportionment adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in prior year unrecognized tax benefits at NSPI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Effective income tax rate</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following reflects the composition of taxes on income from continuing operations presented in the Consolidated Statements of Income
for the years ended December 31: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="91%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canada</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(121</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canada</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>137</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">215</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investment tax credits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating loss carryforwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canada</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(33</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense (recovery)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following reflects the composition of income before provision for income taxes presented in the Consolidated Statements of Income for
the years ended December 31: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="93%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canada</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>98</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>682</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">646&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income before provision for income taxes</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>771</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">816&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>100</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The deferred income tax assets and liabilities presented in the Consolidated Balance Sheets as at December&nbsp;31
consisted of the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Deferred income tax assets:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tax loss carryforwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>908</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">917</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tax credit carryforwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>311</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">269</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities &#150; cost of removal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">206</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instruments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>145</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">90</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Pension and post-retirement liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>84</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">126</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>329</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">441</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total deferred income tax assets before valuation allowance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,972</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,049</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Valuation allowance</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(193</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(163</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total deferred income tax assets after valuation
allowance</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,779</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,886</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Deferred income tax (liabilities):</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2,382</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,591</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Derivative instruments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(148</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(124</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(348</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(316</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total deferred income tax liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2,878</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3,031</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Consolidated Balance Sheets presentation:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term deferred income tax assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>186</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">175</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term deferred income tax liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,285</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,320</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net deferred income tax liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,099</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,145</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Considering all evidence regarding the utilization of the Company&#146;s deferred income tax assets, it has been determined that Emera is
more likely than not to realize all recorded deferred income tax assets, except for certain loss carryforwards and unrealized capital losses on investments. A valuation allowance of $193&nbsp;million has been recorded as at December&nbsp;31, 2019
(2018 &#150; $163 million) related to the loss carryforwards and investments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s net operating loss (&#147;NOL&#148;), capital loss and tax credit
carryforwards and their expiration periods as at December&nbsp;31, 2019 consisted of the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="85%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Gross&nbsp;Tax<BR>Carryforwards</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Unrecognized<BR>Amounts</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Net&nbsp;Tax<BR>Carryforwards</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Expiration&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Period&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canada</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NOL</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,131</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(554</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">577</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">2027-2039&nbsp;&nbsp;</FONT></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capital loss</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Indefinite&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Federal NOL</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,394</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,394</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2024-2037&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">State NOL</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,174</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,174</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">2024-2039&nbsp;&nbsp;</FONT></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tax credit</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">311</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">311</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">2020-Indefinite&nbsp;&nbsp;</FONT></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NOL</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">2020-2026&nbsp;&nbsp;</FONT></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table provides details of the change in unrecognized tax benefits for the years ended December&nbsp;31 as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="94%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>26</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increases due to tax positions related to current year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increases due to tax positions related to a prior year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Decreases due to tax positions related to a prior year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>29</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>101</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The total amount of unrecognized tax benefits as at December&nbsp;31, 2019 was $29&nbsp;million (2018 &#150; $26
million), which would affect the effective tax rate if recognized. The total amount of accrued interest with respect to unrecognized tax benefits was $5&nbsp;million (2018 &#150; $4 million) with $1&nbsp;million of interest expense recognized in the
Consolidated Statements of Income (2018 &#150; $3 million). No penalties have been accrued. The balance of unrecognized tax benefits could change in the next twelve months as a result of resolving Canada Revenue Agency (&#147;CRA&#148;) and Internal
Revenue Service audits. A reasonable estimate of any change cannot be made at this time. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company intends to indefinitely reinvest earnings from certain foreign
operations. Accordingly, US and <FONT STYLE="white-space:nowrap">non-US</FONT> income and withholding taxes, for which deferred taxes might otherwise be required, have not been provided for on a cumulative amount of temporary differences related to
investments in foreign subsidiaries of approximately $1.9&nbsp;billion as at December&nbsp;31, 2019 (2018 &#150; $1.4 billion). It is impractical to estimate the amount of income and withholding tax that might be payable if a reversal of temporary
differences occurred. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera files a Canadian federal income tax return, which includes its Nova Scotia and New Brunswick provincial income tax. Emera&#146;s
subsidiaries file Canadian, US, Barbados, St. Lucia and Dominica income tax returns. As at December&nbsp;31, 2019, the Company&#146;s tax years still open to examination by taxing authorities include 2005 and subsequent years. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI and the CRA are currently in a dispute with respect to the timing of certain tax deductions for NSPI&#146;s 2006 through 2010 taxation years. The ultimate
permissibility of the tax deductions is not in dispute; rather, it is the timing of those deductions. The cumulative net amount in dispute to date is $62&nbsp;million, including interest. NSPI has prepaid $23&nbsp;million of the amount in dispute,
as required by CRA. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;29, 2019, NSPI filed a Notice of Appeal with the Tax Court of Canada with respect to its dispute. Should NSPI be successful in
defending its position, all payments including applicable interest will be refunded. If NSPI is unsuccessful in defending any portion of its position, the resulting taxes and applicable interest will be deducted from amounts previously paid, with
the excess, if any, owing to CRA. The related tax deductions will be available in subsequent years. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Should NSPI be similarly reassessed by the CRA for years not
currently in dispute, further payments will be required; however, the ultimate permissibility of these deductions would be similarly not in dispute. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI and its
advisors believe NSPI has reported its tax position appropriately. NSPI continues to assess its options to resolving the dispute; however, the outcome of the Appeal process is not determinable at this time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>9. COMMON STOCK </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Authorized: </B>Unlimited
number of <FONT STYLE="white-space:nowrap">non-par</FONT> value common shares. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Issued and outstanding:</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions&nbsp;of<BR>shares</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions&nbsp;of<BR>Canadian<BR>dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions&nbsp;of<BR>shares</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions&nbsp;of<BR>Canadian<BR>dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>234.12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,816</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">228.77</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,601</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Conversion of Convertible Debentures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.03</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of common stock <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.77</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>99</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.45</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issued under Purchase Plans at market rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.99</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>202</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.87</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount on shares purchased under Dividend Reinvestment Plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Options exercised under senior management share option plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.57</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>104</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Employee Share Purchase Plan</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>242.48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,216</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">234.12</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,816</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">As at December&nbsp;31, 2019 a total of 1.77&nbsp;million common shares have been issued through Emera&#146;s <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">at-the-market</FONT></FONT> equity program (&#147;ATM Program&#148;) at an average price of $56.56 per share for gross proceeds of $100&nbsp;million ($98.7&nbsp;million net of issuance
costs). </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>102</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On July&nbsp;11, 2019, Emera established an ATM Program that allows the Company to issue up to $600&nbsp;million of
common shares to the public from time to time, at the Company&#146;s discretion, at the prevailing market price. The ATM Program was established under a prospectus supplement to the Company&#146;s short-form base shelf prospectus which expires on
July&nbsp;14, 2021. As at December&nbsp;31, 2019, an aggregate gross sales limit of $500&nbsp;million remains available for issuance under the ATM program. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at
December&nbsp;31, 2019, the following common shares were reserved for issuance: 3.9&nbsp;million (2018 &#150; 6.5 million) under the senior management stock option plan, 0.9&nbsp;million (2018 &#150; 1 million) under the employee common share
purchase plan and 8.8&nbsp;million (2018 &#150; 12.6 million) under the dividend reinvestment plan (&#147;DRIP&#148;). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The issuance of common shares under the common
share compensation arrangements does not allow the plans to exceed 10&nbsp;per cent of Emera&#146;s outstanding common shares. As at December&nbsp;31, 2019, Emera is in compliance with this requirement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>10. EARNINGS PER SHARE </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Basic earnings per share
(&#147;EPS&#148;) is determined by dividing net income attributable to common shareholders by the weighted average number of common shares and DSUs outstanding during the period. Diluted EPS is computed by dividing net income attributable to common
shareholders by the weighted average number of common shares and DSUs outstanding during the period, adjusted for the exercise and/or conversion of all potentially dilutive securities. Such dilutive items include Company contributions to the senior
management stock option plan, convertible debentures and shares issued under the dividend reinvestment plan. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table reconciles the computation of basic
and diluted earnings per share: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B>Year&nbsp;ended&nbsp;December&nbsp;31&nbsp;&nbsp;<B></B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars (except per share amounts)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Numerator</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net income attributable to common shareholders</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>662.8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">709.6&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Diluted numerator</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>662.8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">709.6&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Denominator</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average shares of common stock outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>238.5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">231.7&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average deferred share units outstanding</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.3&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average shares of common stock outstanding &#150;
basic</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>239.9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233.0&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Stock-based compensation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.4&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Convertible Debentures</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.1&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Weighted average shares of common stock outstanding &#150;
diluted</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>240.5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233.5&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Earnings per common share</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.05&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.04&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>103</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>11. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The components of accumulated other comprehensive income are as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="76%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Unrealized<BR>(loss)&nbsp;gain&nbsp;on<BR>translation&nbsp;
of<BR><FONT STYLE="white-space:nowrap">self-sustaining</FONT><BR>foreign<BR>operations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Net change in<BR>net&nbsp;investment<BR>hedges</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">(Losses)&nbsp;gains<BR>on&nbsp;derivatives<BR>recognized<BR>as&nbsp;cash&nbsp;flow<BR>hedges</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Net
change<BR>on&nbsp;available-<BR><FONT STYLE="white-space:nowrap">for-sale</FONT><BR>investments</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Net&nbsp;change&nbsp;in<BR>unrecognized<BR>pension<BR>and&nbsp;post-<BR>retirement<BR>benefit
costs</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;AOCI</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>654</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(74</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(234</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>338</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(401</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(320</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amounts reclassified from accumulated other comprehensive income loss (gain)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>74</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>77</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net current period other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(401</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>74</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(243</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>253</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(160</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>95</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1, 2018 <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">48</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(243</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">624</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(122</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">504</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amounts reclassified from accumulated other comprehensive income loss (gain)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net current period other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">624</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(122</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">503</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">654</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(74</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(234</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">338</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The January&nbsp;1, 2018 balance of AOCI and Regulatory assets includes a prior period reclassification of
$37&nbsp;million in unrecognized pension and post-retirement benefit costs and $15&nbsp;million in deferred taxes ($22&nbsp;million, net of tax) to be consistent with current year presentation. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The reclassifications out of accumulated other comprehensive income (loss) are as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="71%"></TD>

<TD VALIGN="bottom"></TD>
<TD></TD>
<TD nowrap >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>

<TD VALIGN="bottom"></TD>
<TD></TD>
<TD nowrap >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>

<TD VALIGN="bottom"></TD>
<TD></TD>
<TD nowrap >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" WIDTH="1%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="4" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL" ALIGN="right">Affected line item in the
Consolidated Financial Statements</P></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="4"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Losses (gain) on derivatives recognized as cash flow hedges</B></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL"><B>&nbsp;</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Operating revenue &#150; regulated</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power and gas swaps</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-regulated&nbsp;fuel&nbsp;for&nbsp;generation&nbsp;and&nbsp;purchased&nbsp;power</FONT></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total before tax</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total net of tax</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="12" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net change in <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">available-for-sale</FONT></FONT> investments</B></P></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Retained earnings</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total net of tax</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B> &#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="12"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net change in unrecognized pension and post-retirement benefit costs</B></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL"><B>&nbsp;</B></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Actuarial losses (gains)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Operating, maintenance and general (&#147;OM&amp;G&#148;)</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>17</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Past service costs (gains)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">OM&amp;G</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amounts reclassified into obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Pension and post-retirement benefits</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amounts reclassified into obligations</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Regulatory assets</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total before tax</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>83</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Income tax recovery (expense)</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total net of tax</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="4" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total reclassifications out of AOCI, net of tax,
for the period</B></P></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL"><B>&nbsp;</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>77</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Related to the adoption of ASU <FONT STYLE="white-space:nowrap">2016-01,</FONT> Financial Instruments &#150; Recognition
and Measurement of Financial Assets and Financial Liabilities. Refer to note 2 for additional detail. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>104</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>12. INVENTORY </B></FONT></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="94%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31&nbsp;&nbsp;<BR>2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fuel</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>232</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">213&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Materials</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>235</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">241&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emission credits</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>467</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">474&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>13. DERIVATIVE INSTRUMENTS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivative assets and liabilities relating to the foregoing categories consisted of the following: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Derivative Assets</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Derivative Liabilities</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Cash flow hedges</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Regulatory deferral</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commodity swaps and forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">71</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas purchases and sales</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Heavy fuel oil purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">105</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>86</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power swaps and physical contracts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">62</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">76</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas swaps, futures, forwards, physical contracts</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>151</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">125</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>381</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">403</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>170</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">187</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>403</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">479</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Other derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity derivatives and interest rate swaps</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total gross current derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>207</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">293</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>490</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">491</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Impact of master netting agreements with intent to settle net or
simultaneously</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(120</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(126</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(120</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(126</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>87</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">167</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>370</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">365</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">148</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>268</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">260</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>102</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">105</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total derivatives</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>87</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">167</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>370</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">365</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivative assets and liabilities are classified as current or long-term based upon the maturities of the underlying contracts. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Details of master netting agreements, shown net on the Consolidated Balance Sheets, are summarized in the following table: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Derivative Assets</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Derivative Liabilities</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory deferral</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">HFT derivatives</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>112</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">125</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>112</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">125</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total impact of master netting agreements with intent to settle
net or simultaneously</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>120</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">126</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>120</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">126</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>105</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CASH FLOW HEDGES </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has foreign exchange forwards to hedge the currency risk for revenue streams denominated in foreign currency for Brunswick Pipeline. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The amounts related to cash flow hedges recorded in income and AOCI consisted of the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Foreign<BR>exchange<BR>forwards</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Power<BR>swaps</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Foreign<BR>exchange<BR>forwards</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized gain (loss) in operating revenue &#150; regulated</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized gain (loss) in <FONT STYLE="white-space:nowrap">non-regulated</FONT> fuel for generation and
purchased power</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total gains (losses) in Net
income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Foreign<BR>exchange<BR>forwards</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Power<BR>swaps</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Foreign<BR>exchange<BR>forwards</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="13" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="13" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="13" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total unrealized gain (loss) in AOCI &#150; effective portion, net
of tax</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company expects $1&nbsp;million of unrealized losses currently in AOCI to be reclassified into net income within the next twelve
months, as the underlying hedged transactions settle. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the Company had the following notional volumes of outstanding derivatives
designated as cash flow hedges that are expected to settle as outlined below: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="96%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards (USD) sales</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REGULATORY DEFERRAL </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has recorded the following changes in realized and unrealized gains (losses) with respect to derivatives receiving regulatory deferral: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Commodity<BR>swaps and<BR>forwards</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Foreign<BR>exchange<BR>forwards</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Commodity<BR>swaps and<BR>forwards</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Foreign<BR>exchange<BR>forwards</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gain (loss) in regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(89</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(34</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gain (loss) in regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized (gain) loss in regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized (gain) loss in inventory <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(55</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized (gain) loss in regulated fuel for generation and purchased power <SUP
STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total change derivative
instruments</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(115</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(70</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Realized (gains) losses will be recognized in fuel for generation and purchased power when the hedged item is consumed.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Realized (gains) losses on derivative instruments settled and consumed in the period; hedging relationships that have been
terminated or the hedged transaction is no longer probable. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>106</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>COMMODITY SWAPS AND FORWARDS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the Company had the following notional volumes of commodity swaps and forward contracts designated for regulatory deferral that are expected
to settle as outlined below: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="92%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021&#150;2022</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Purchases</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Purchases</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal (metric tonnes)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural Gas (Mmbtu)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Heavy fuel oil (bbls)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power (MWh)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FOREIGN EXCHANGE SWAPS AND FORWARDS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the Company had the following notional volumes of foreign exchange swaps and forward contracts designated as regulated deferral that are
expected to settle as outlined below: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="93%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2021&#150;2022</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange contracts (millions of US dollars)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">173</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">148</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.3148</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3264</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">% of USD requirements</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">85%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company reassesses foreign exchange forecasted periodically and will enter into additional hedges or unwind existing hedges, as
required. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">HELD-FOR-TRADING</FONT></FONT> DERIVATIVES </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In the ordinary course of its business, Emera enters into physical contracts for the purchase and sale of natural gas, as well as power and natural gas swaps, forwards
and futures, to economically hedge those physical contracts. These derivatives are all considered HFT. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has recognized the following realized and
unrealized gains (losses) with respect to HFT derivatives: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="92%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power swaps and physical contracts in <FONT STYLE="white-space:nowrap">non-regulated</FONT> operating
revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas swaps, forwards, futures and physical contracts in
<FONT STYLE="white-space:nowrap">non-regulated</FONT> operating revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>281</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">205</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power swaps, forwards, futures and physical contracts in <FONT
STYLE="white-space:nowrap">non-regulated</FONT> fuel for generation and purchased power</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>276</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">195</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the Company had the following notional volumes of outstanding HFT derivatives that are expected to settle
as outlined below: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2021</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas purchases (Mmbtu)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">424</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;84</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;56</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;41</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas sales (Mmbtu)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">345</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power purchases (MWh)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power sales (MWh)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>107</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>OTHER DERIVATIVES </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the Company had equity derivatives in place to manage the cash flow risk associated with forecasted future cash settlements of deferred
compensation obligations. The equity derivative hedges the return on 2.8&nbsp;million shares and extends until December of 2020. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Equity<BR>derivatives</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Interest&nbsp;rate<BR>swaps</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gain in operating, maintenance and general</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gain (loss) in interest expense, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized gain in operating, maintenance and general</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>27</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total gains (losses) in net
income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CREDIT RISK </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
Company is exposed to credit risk with respect to amounts receivable from customers, energy marketing collateral deposits and derivative assets. Credit risk is the potential loss from a counterparty&#146;s
<FONT STYLE="white-space:nowrap">non-performance</FONT> under an agreement. The Company manages credit risk with policies and procedures for counterparty analysis, exposure measurement, and exposure monitoring and mitigation. Credit assessments are
conducted on all new customers and counterparties, and deposits or collateral are requested on any high risk accounts. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company assesses the potential for credit
losses on a regular basis, and where appropriate, maintains provisions. With respect to counterparties, the Company has implemented procedures to monitor the creditworthiness and credit exposure of counterparties and to consider default probability
in valuing the counterparty positions. The Company monitors counterparties&#146; credit standing, including those that are experiencing financial problems, have significant swings in default probability rates, have credit rating changes by external
rating agencies, or have changes in ownership. Net liability positions are adjusted based on the Company&#146;s current default probability. Net asset positions are adjusted based on the counterparty&#146;s current default probability. The Company
assesses credit risk internally for counterparties that are not rated. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the maximum exposure the Company has to credit risk is
$860&nbsp;million (2018 &#150; $1,035 million), which includes accounts receivable net of collateral/deposits and assets related to derivatives. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">It is possible that
volatility in commodity prices could cause the Company to have material credit risk exposures with one or more counterparties. If such counterparties fail to perform their obligations under one or more agreements, the Company could suffer a material
financial loss. The Company transacts with counterparties as part of its risk management strategy for managing commodity price, foreign exchange and interest rate risk. Counterparties that exceed established credit limits can provide a cash deposit
or letter of credit to the Company for the value in excess of the credit limit where contractually required. The total cash deposits/collateral on hand as at December&nbsp;31, 2019 was $259&nbsp;million (2018 &#150; $346 million), which mitigates
the Company&#146;s maximum credit risk exposure. The Company uses the cash as payment for the amount receivable or returns the deposit/ collateral to the customer/counterparty where it is no longer required by the Company. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company enters into commodity master arrangements with its counterparties to manage certain risks, including credit risk to these counterparties. The Company
generally enters into International Swaps and Derivatives Association agreements (&#147;ISDA&#148;), North American Energy Standards Board agreements (&#147;NAESB&#148;) and, or Edison Electric Institute agreements. The Company believes that
entering into such agreements offers protection by creating contractual rights relating to creditworthiness, collateral, <FONT STYLE="white-space:nowrap">non-performance</FONT> and default. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, the Company had $115&nbsp;million (2018 &#150; $118 million) in financial assets, considered to be past due, which have been outstanding for
an average 71 days. The fair value of these financial assets is $106&nbsp;million (2018 &#150; $107 million), the difference of which is included in the allowance for doubtful accounts. These assets primarily relate to accounts receivable from
electric and gas revenue. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>108</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONCENTRATION RISK </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s concentrations of risk consisted of the following: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31, 2019</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31, 2018</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>millions&nbsp;of<BR>Canadian<BR>dollars</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>%&nbsp;of&nbsp;total<BR>exposure</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">millions&nbsp;of&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Canadian&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">dollars&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">%&nbsp;of&nbsp;total&nbsp;&nbsp;&nbsp;<BR>exposure&nbsp;&nbsp;&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Receivables, net</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>344</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">384&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>170</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">182&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Industrial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>66</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">57&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>131</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">84&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>711</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>64%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">707&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">51%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Trading group</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Credit rating of <FONT STYLE="white-space:nowrap">A-</FONT> or above</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>38</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Credit rating of <FONT STYLE="white-space:nowrap">BBB-</FONT> to BBB+</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>59</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">70&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Credit rating of <FONT STYLE="white-space:nowrap">CCC-</FONT> to CCC+</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Not rated</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>95</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">108&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>192</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>17%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">235&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other accounts receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>184</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>16%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">273&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Classification as assets held for sale <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(55</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>-5%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,032</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>92%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,215&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">88%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Derivative Instruments (current and long-term)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Credit rating of <FONT STYLE="white-space:nowrap">A-</FONT> or above</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>47</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">130&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Credit rating of <FONT STYLE="white-space:nowrap">BBB-</FONT> to BBB+</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Not rated</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>32</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>87</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">167&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,119</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>100%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,382&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">100%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Emera Maine&#146;s assets and liabilities are classified as held for sale. Refer to note 4 for further details.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CASH COLLATERAL </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
Company&#146;s cash collateral positions consisted of the following: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="94%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash collateral provided to
others</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>101</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">103&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash collateral received from others</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">77&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Collateral is posted in the normal course of business based on the Company&#146;s creditworthiness, including its senior unsecured credit
rating as determined by certain major credit rating agencies. Certain derivatives contain financial assurance provisions that require collateral to be posted if a material adverse credit-related event occurs. If a material adverse event resulted in
the senior unsecured debt falling below investment grade, the counterparties to such derivatives could request ongoing full collateralization. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at
December&nbsp;31, 2019, the total fair value of these derivatives, in a liability position, was $370&nbsp;million (December 31, 2018 &#150; $365 million). If the credit ratings of the Company were reduced below investment grade, the full value of
the net liability position could be required to be posted as collateral for these derivatives. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>109</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>14. FAIR VALUE MEASUREMENTS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is required to determine the fair value of all derivatives except those which qualify for the NPNS exemption (see note 1) and uses a market approach to do so.
The three levels of the fair value hierarchy are defined as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Level&nbsp;1 &#150; Where possible, the Company bases the fair valuation of its financial assets
and liabilities on quoted prices in active markets (&#147;quoted prices&#148;) for identical assets and liabilities. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Level&nbsp;2 &#150; Where quoted prices for
identical assets and liabilities are not available, the valuation of certain contracts must be based on quoted prices for similar assets and liabilities with an adjustment related to location differences. Also, certain derivatives are valued using
quotes from <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> clearing houses. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Level&nbsp;3 &#150; Where the
information required for a Level&nbsp;1 or Level&nbsp;2 valuation is not available, derivatives must be valued using unobservable or internally-developed inputs. The primary reasons for a Level&nbsp;3 classification are as follows: </P>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">While valuations were based on quoted prices, significant assumptions were necessary to reflect seasonal or monthly shaping
and locational basis differentials. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">The term of certain transactions extends beyond the period when quoted prices are available, and accordingly, assumptions
were made to extrapolate prices from the last quoted period through the end of the transaction term. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">The valuations of certain transactions were based on internal models, although quoted prices were utilized in the
valuations. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Derivative assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair
value measurement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>110</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following tables set out the classification of the methodology used by the Company to fair value its derivatives:
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31,&nbsp;2019&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;1</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;2</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;3</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Regulatory deferral</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commodity swaps and forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas purchases and sales</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Heavy fuel oil purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power swaps and physical contracts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas swaps, futures, forwards, physical contracts and related transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>53</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>49</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Other derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>87</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Cash flow hedges</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Regulatory deferral</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commodity swaps and forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>36</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas purchases and sales</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power swaps and physical contracts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas swaps, futures, forwards and physical contracts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>249</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>284</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>249</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>291</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>46</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>75</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>249</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>370</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net assets
(liabilities)</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(28</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(21</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(234</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(283</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>111</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="83%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31,&nbsp;2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Level&nbsp;1</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Level&nbsp;2&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Level&nbsp;3</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Regulatory deferral</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commodity swaps and forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">70&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">70</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas purchases and sales</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Heavy fuel oil purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">102&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">104</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power swaps and physical contracts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas swaps, futures, forwards, physical contracts and related
transportation</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">55</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">62</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Other derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest rate swap</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">141&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">167</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Cash flow hedges</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign exchange forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Regulatory deferral</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Commodity swaps and forwards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Coal purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Heavy fuel oil purchases</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas purchases and sales</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Power swaps and physical contracts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Natural gas swaps, futures, forwards and physical contracts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">305</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">333</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">34&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">306</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">354</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">41&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">306</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">365</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net assets
(liabilities)</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(13</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(285</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(198</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The change in the fair value of the Level&nbsp;3 financial assets for the year ended December&nbsp;31, 2019 was as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>HFT&nbsp;Derivatives</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Power</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Natural&nbsp;gas</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>21</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total realized and unrealized gains (losses) included in
<FONT STYLE="white-space:nowrap">non-regulated</FONT> operating revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31,
2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>112</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The change in the fair value of the Level&nbsp;3 financial liabilities for the year ended December&nbsp;31, 2019 was as
follows: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT STYLE="font-family:ARIAL; "><B>HFT&nbsp;Derivatives</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Power</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Natural&nbsp;gas</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>305</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>306</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total realized and unrealized gains (losses) included in
<FONT STYLE="white-space:nowrap">non-regulated</FONT> operating revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(56</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(57</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31,
2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>249</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>249</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company evaluates the observable inputs of market data on a quarterly basis in order to determine if transfers between levels is
appropriate. For the year ended December&nbsp;31, 2019, there were no transfers between levels. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Significant unobservable inputs used in the fair value measurement of
Emera&#146;s natural gas and power derivatives include third-party sourced pricing for instruments based on illiquid markets; internally developed correlation factors and basis differentials; own credit risk; and discount rates. Internally developed
correlations and basis differentials are reviewed on a quarterly basis based on statistical analysis of the spot markets in the various illiquid term markets. Where possible, Emera also sources multiple broker prices in an effort to evaluate and
substantiate these unobservable inputs. Discount rates may include a risk premium for those long-term forward contracts with illiquid future price points to incorporate the inherent uncertainty of these points. Any risk premiums for long-term
contracts are evaluated by observing similar industry practices and in discussion with industry peers. Significant increases (decreases) in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table outlines quantitative information about the significant unobservable inputs used in the fair value measurements categorized within Level&nbsp;3 of the
fair value hierarchy: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="78%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31, 2019</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Fair<BR>Value</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Valuation<BR>Technique</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Unobservable Input</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Range</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Weighted<BR>Average</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives &#150;</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled&nbsp;pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Third-party&nbsp;pricing</FONT></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$21.40&nbsp;&#150;&nbsp;$74.05</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35.03</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Power swaps and</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;Probability&nbsp;of&nbsp;default</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01%&nbsp;&#150;&nbsp;1.14%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.21%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>physical contracts</I></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.15%&nbsp;&#150;&nbsp;6.65%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.78%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives &#150;</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$1.63 &#150; $7.45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$2.37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Natural gas swaps, futures,</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Probability of default</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01% &#150;&nbsp;2.31%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.09%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>forwards, physical contracts</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01%&nbsp;&#150;&nbsp;20.93%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.55%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$1.33 &#150; $8.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$5.05</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Basis adjustment</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$0.00 &#150; $1.31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$0.76</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Probability of default</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01% &#150; 3.33%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.28%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01% &#150; 4.71%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.91%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives &#150;</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>228</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled&nbsp;pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$1.54 &#150; $7.45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$4.07</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Natural gas swaps, futures,</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Own credit risk</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01% &#150; 2.31%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.12%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>forwards and physical contracts</I></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;&nbsp;0.01%&nbsp;&#150;&nbsp;18.63%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.89%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>21</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$1.36 &#150; $9.75</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$5.45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Basis adjustment</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$0.00 &#150; $1.31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>$0.91</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Own credit risk</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01% &#150; 3.33%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.06%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.01% &#150; 3.76%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>0.81%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>249</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net assets
(liabilities)</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(234</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>113</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="78%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31, 2018</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Fair<BR>Value</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Valuation</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Technique</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Unobservable Input</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Range</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Weighted<BR>Average</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives &#150;</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled&nbsp;pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Third-party&nbsp;pricing</FONT></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$24.31&nbsp;&#150;&nbsp;$50.29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$31.43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Power swaps and</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;Probability&nbsp;of&nbsp;default</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.03% &#150; 0.13%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.13%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>physical contracts</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.03% &#150; 2.19%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.45%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Correlation factor</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;84.98%&nbsp;&#150;&nbsp;84.98%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84.98%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives &#150;</I></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$1.80 &#150; $12.21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$4.75</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Natural gas swaps, futures,</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Probability of default</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 2.94%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.24%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>forwards, physical contracts</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 30.62%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.25%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>and related transportation</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$1.95 &#150; $12.90</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$8.68</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Basis adjustment</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$0.07 &#150; $3.43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$1.88</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Probability of default</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 3.20%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.57%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 7.61%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.42%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives &#150;</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$20.80 &#150; $50.29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$26.38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Power swaps and</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Correlation factor</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">84.98% &#150; 84.98%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">84.98%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>physical contracts</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Probability of default</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.08% &#150; 0.29%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.15%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.03% &#150; 2.99%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.65%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>HFT derivatives &#150;</I></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">286</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$1.48 &#150; $12.90</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$5.75</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>Natural gas swaps, futures,</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Own credit risk</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 2.94%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.09%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><I>forwards and physical contracts</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 11.96%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.35%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Modelled pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Third-party pricing</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$2.15 &#150; $13.18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$7.54</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Basis adjustment</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$0.07 &#150; $3.43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">$2.67</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Own credit risk</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 2.76%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.10%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Discount rate</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.01% &#150; 7.61%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.38%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">306</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net assets
(liabilities)</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(285</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The financial liabilities included on the Consolidated Balance Sheets that are not measured at fair value consisted of long-term debt, as
follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="82%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD HEIGHT="4" COLSPAN="4" STYLE="BORDER-TOP:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Carrying<BR>amount</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Fair&nbsp;value</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;1</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;2</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;3</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14,180</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>16,409</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15,598</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>451</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>16,049</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15,411</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15,908</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14,991</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">917</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">15,908</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has designated $1.2&nbsp;billion United States dollar denominated Hybrid Notes as a hedge of the foreign currency exposure of
its net investment in United States dollar denominated operations. An <FONT STYLE="white-space:nowrap">after-tax</FONT> foreign currency gain of $78&nbsp;million was recorded in Other Comprehensive Income for the year ended December&nbsp;31, 2019
(2018 &#150; $122&nbsp;million loss <FONT STYLE="white-space:nowrap">after-tax).</FONT> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>114</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>15. REGULATORY ASSETS AND LIABILITIES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Regulatory assets represent incurred costs that have been deferred because it is probable they will be recovered through future rates or tolls collected from customers.
Management believes existing regulatory assets are probable for recovery either because the Company received specific approval from the applicable regulator, or due to regulatory precedent established for similar circumstances. If management no
longer considers it probable that an asset will be recovered, the deferred costs are charged to income. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Regulatory liabilities represent obligations to make refunds
to customers or to reduce future revenues for previous collections. If management no longer considers it probable that a liability will be settled, the related amount is recognized in income. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For regulatory assets and liabilities that are amortized, the amortization is as approved by the respective regulator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REGULATORY ASSETS AND LIABILITIES </B></FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="92%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31&nbsp;&nbsp;</FONT></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B></B><SUP STYLE="font-size:85%; vertical-align:top"></SUP></FONT><FONT STYLE="font-family:ARIAL; font-size:4.5pt"><SUP
STYLE="font-size:85%; vertical-align:top"><B></B></SUP><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B><SUP STYLE="font-size:85%; vertical-align:top"></SUP></FONT><FONT STYLE="font-family:ARIAL; font-size:4.5pt"><SUP
STYLE="font-size:85%; vertical-align:top"><B></B></SUP><B></B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B><SUP STYLE="font-size:85%; vertical-align:top"></SUP></FONT><FONT STYLE="font-family:ARIAL; font-size:4.5pt"><SUP
STYLE="font-size:85%; vertical-align:top">(1)<B></B></SUP><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Regulatory assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income tax regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>862</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">775</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Pension and post-retirement medical plan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>380</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">453</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferrals related to derivative instruments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>81</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Storm restoration regulatory asset</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>38</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Stranded cost recovery</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>27</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Environmental remediations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>26</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Demand side management (&#147;DSM&#148;) deferral</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unamortized defeasance costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cost recovery clauses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>13</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">75</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>87</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">115</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,552</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,569</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>121</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,431</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,404</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total regulatory assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,552</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,569</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Regulatory liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income tax regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>985</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,218</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accumulated reserve &#150; cost of removal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>891</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">955</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulated fuel adjustment mechanism</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>115</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">161</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Storm reserve</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>62</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">76</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cost recovery clauses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>53</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferrals related to derivative instruments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>42</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">116</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Self-insurance fund (note 31)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>29</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">24</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,181</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,610</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>295</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">251</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,886</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,359</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total regulatory
liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,181</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,610</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">On March&nbsp;25, 2019, Emera announced the sale of Emera Maine. As at December&nbsp;31, 2019, Emera Maine&#146;s assets
and liabilities were classified as held for sale. Refer to note 4 for further details. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>115</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Deferred Income Tax Regulatory Assets and Liabilities </B></P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">To the extent deferred income taxes are expected to be recovered from or returned to customers in future rates, a regulatory asset or liability is recognized, unless
specifically directed otherwise by a regulator. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Pension and Post-Retirement Medical Plan </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This asset is primarily related to the deferred costs of pension and post-retirement benefits at Tampa Electric, PGS and NMGC. It is included in rate base and earns a
rate of return as permitted by the FPSC, New Mexico Public Regulation Commission (&#147;NMPRC&#148;) and Maine Public Utilities Commission (&#147;MPUC&#148;), as applicable. It is amortized over the remaining service life of plan participants. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Deferrals Related to Derivative Instruments </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This asset is primarily related
to NSPI deferring changes in fair value of derivatives that are documented as economic hedges or that do not qualify for NPNS exemption, as a regulatory asset or liability as approved by its regulator. The realized gain or loss is recognized when
the hedged item settles in regulated fuel for generation and purchased power, inventory, operating, maintenance or general or property, plant and equipment, depending on the nature of the item being economically hedged. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Storm Restoration Regulatory Asset </B></P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This asset represents storm restoration
costs, primarily incurred by GBPC. GBPC maintains insurance for its generation facilities and, as with most utilities, its transmission and distribution networks are self-insured. On September&nbsp;1, 2019, Dorian struck Grand Bahama Island as a
Category 5 hurricane, with sustained winds of approximately 285 kilometres per hour. The hurricane stalled over the island for several days, causing significant damage to, or destruction of, homes and businesses served by GBPC. GBPC&#146;s
generation, transmission and distribution assets sustained damage, including the effect of flooding that resulted from storm surge and rain. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">It is currently
estimated that restoration costs for GBPC self-insured assets will be approximately $15&nbsp;million USD. In January 2020, the GBPA approved the recovery of these costs through rates over a five-year period. Approximately $12&nbsp;million USD
($15&nbsp;million CAD) of these estimated costs were incurred in 2019, and recorded as a regulatory asset. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Restoration costs associated with Hurricane Matthew in
2016 are being amortized over five years and included in rate base as approved by the Grand Bahama Port Authority (&#147;GBPA&#148;) for full recovery. The balance as at December&nbsp;31, 2019 is $23&nbsp;million. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Stranded Cost Recovery </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Due to the decommissioning of a GBPC steam turbine in
2012, the GBPA approved the recovery of a $21&nbsp;million USD stranded cost through electricity rates; it is included in rate base for 2019 and 2018 and is expected to be included in future years. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Environmental Remediations </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This asset is primarily related to PGS costs
associated with environmental remediation at Manufactured Gas Plant (&#147;MGP&#148;) sites. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The balance is included in rate base, partially offsetting the related
liability, and earns a rate of return as permitted by the FPSC. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The timing of recovery is based on a settlement agreement approved by the FPSC. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>DSM Deferral </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The UARB approved implementation of the 2015 DSM deferral set at
$35&nbsp;million for 2015 and recoverable from customers over an eight year period beginning in 2016. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The UARB directed EfficiencyOne to review financing options
through which EfficiencyOne would borrow the 2015 deferral amount from a commercial lender in order to repay NSPI the amount it expended on behalf of its customers in 2015. In December 2016, EfficiencyOne secured financing and $31&nbsp;million was
advanced to NSPI to finance the 2015 DSM deferral. As NSPI collects the associated amounts from customers over the next six years, it will repay the balance to EfficiencyOne. This has been set up as a liability in &#147;Other long-term
liabilities&#148; with the current portion of the liability included in &#147;Other current liabilities&#148; on the Consolidated Balance Sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>116</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Unamortized Defeasance Costs </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Upon privatization in 1992, NSPI became responsible for managing a portfolio of defeasance securities held in trust that provide the principal and interest streams to
match the related defeased debt, which as at December&nbsp;31, 2019, totalled $740&nbsp;million (2018 &#150; $759 million). The excess of the cost of defeasance investments over the face value of the related debt is deferred on the balance sheet and
amortized over the life of the defeased debt as permitted by the Nova Scotia Utility and Review Board (&#147;UARB&#148;). </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Cost Recovery Clauses </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These assets and liabilities are related to Tampa Electric, PGS and NMGC clauses and riders. They are recovered or refunded through cost-recovery mechanisms approved by
the FPSC or NMPRC, as applicable, on a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">dollar-for-dollar</FONT></FONT> basis in the next year. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Accumulated Reserve &#150; Cost of Removal (&#147;COR&#148;) </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This regulatory
liability represents the <FONT STYLE="white-space:nowrap">non-ARO</FONT> COR reserve in Tampa Electric, PGS, NMGC and NSPI. AROs are costs for legally required removal of property, plant and equipment. <FONT STYLE="white-space:nowrap">Non-ARO</FONT>
COR represent estimated funds received from customers through depreciation rates to cover future <FONT STYLE="white-space:nowrap">non-legally</FONT> required cost of removal of property, plant and equipment, net of salvage value upon retirement,
which reduces rate base for ratemaking purposes. This liability is reduced as COR are incurred and increased as depreciation is recorded for existing assets and as new assets are put into service. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Regulated Fuel Adjustment Mechanism </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This regulated liability is the
difference between actual fuel costs and amounts recovered from NSPI customers through electricity rates in a given year, and deferred to a fuel adjustment mechanism (&#147;FAM&#148;) regulatory asset or liability and recovered from or returned to
customers in a subsequent year. For the years 2017 to 2019, differences between actual fuel costs and fuel revenues recovered from customers will be recovered or returned to customers after 2019, as required under the <I>Electricity Plan</I>
<I>Implementation (2015)</I><I></I><I>&nbsp;Act, (&#147;Electricity Plan Act&#148;)</I>. As approved on December&nbsp;6, 2019 as part of NSPI&#146;s three-year fuel stability<I> </I>plan, differences between actual fuel costs and fuel revenues
recovered from customers for the years 2020 to 2022, will be recovered or returned to customers after 2022. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Storm Reserve </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The storm reserve is for hurricanes and other named storms that cause significant damage to Tampa Electric and PGS systems. As allowed by the FPSC, if the charges to the
storm reserve exceed the storm liability, the excess is to be carried as a regulatory asset. Tampa Electric and PGS can petition the FPSC to seek recovery of restoration costs over a <FONT STYLE="white-space:nowrap">12-month</FONT> period, or
longer, as determined by the FPSC, as well as replenish the reserve. In September 2019, Tampa Electric incurred approximately $8&nbsp;million USD in storm restoration preparation costs for Hurricane Dorian. These costs were charged to the storm
reserve regulatory liability. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>REGULATORY ENVIRONMENTS </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Florida Electric Utility </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric is regulated by the FPSC. Tampa
Electric is also subject to regulation by the Federal Energy Regulatory Commission (&#147;FERC&#148;). The FPSC sets rates at a level that allows utilities such as Tampa Electric to collect total revenues or revenue requirements equal to their cost
of providing service, plus an appropriate return on invested capital. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric&#146;s approved regulated return on equity (&#147;ROE&#148;) range for 2019 and
2018 is 9.25&nbsp;per cent to 11.25&nbsp;per cent based on an allowed equity capital structure of 54&nbsp;per cent. An ROE of 10.25&nbsp;per cent is used for the calculation of the return on investments for clauses. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric has a fuel recovery clause approved by the FPSC, allowing the opportunity to recover fluctuating fuel expenses from customers through annual fuel rate
adjustments. The FPSC annually approves cost-recovery rates for purchased power, capacity, environmental and conservation costs including a return on capital invested. Differences between the prudently incurred fuel costs and the cost-recovery rates
and amounts recovered from customers through electricity rates in a year are deferred to a regulatory asset or liability and recovered from or returned to customers in a subsequent year. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>117</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As of December&nbsp;31, 2019, Tampa Electric has invested approximately $820&nbsp;million USD in 600 MW of utility-scale
solar photovoltaic projects, which are recoverable through FPSC-approved solar base rate adjustments (&#147;SoBRAs&#148;). Tampa Electric expects to invest an additional $30&nbsp;million USD in these projects through 2021. AFUDC is being earned on
these projects during construction. The FPSC has approved SoBRAs representing a total of 554 MW or $96&nbsp;million USD annually in estimated revenue requirements for <FONT STYLE="white-space:nowrap">in-service</FONT> projects. Tampa Electric
expects to file its final SoBRA petition for the January&nbsp;1, 2021 tranche in 2020. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;10, 2019, the FPSC approved Tampa Electric&#146;s petition to
reduce base rates and charges reflecting reduction of the state income tax from 5.5&nbsp;per cent to 4.46&nbsp;per cent retroactive from January&nbsp;1, 2019. The base rate reduction of approximately $5&nbsp;million USD due to customers is subject
to <FONT STYLE="white-space:nowrap">true-up,</FONT> and the actual rate reduction may vary from year to year. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On October&nbsp;3, 2019, the FPSC issued a rule to
implement a storm protection cost recovery clause. This new clause provides a process for Florida investor-owned utilities, including Tampa Electric, to recover transmission and distribution storm hardening costs for incremental activities not
already included in base rates. Subject to final approval of the FPSC rule, Tampa Electric expects to file a storm protection plan with the FPSC in Q2 2020. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On
August&nbsp;20, 2018, the FPSC approved a reduction in base rates of $103&nbsp;million USD annually beginning in 2019 as a result of lower tax expense due to 2018 US tax reform benefits. On April&nbsp;9, 2019, Tampa Electric reached a settlement
agreement with consumer parties regarding eligible storm costs as a result of Hurricane Irma in 2017, which was approved by the FPSC on May&nbsp;21, 2019. As a result, Tampa Electric refunded $12&nbsp;million USD to customers in January 2020,
resulting in minimal impact to the Consolidated Statements of Income. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Canadian Electric Utilities </B></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0095da"><B>NSPI </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI is a public utility as defined in the
<I>Public Utilities Act of Nova Scotia</I> (the &#147;Public Utilities Act&#148;) and is subject to regulation under the Public Utilities Act by the UARB. The Public Utilities Act gives the UARB supervisory powers over NSPI&#146;s operations and
expenditures. Electricity rates for NSPI&#146;s customers are also subject to UARB approval. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI is regulated under a <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">cost-of-service</FONT></FONT> model, with rates set to recover prudently incurred costs of providing electricity service to customers and provide an appropriate return to investors. NSPI&#146;s approved regulated ROE range
for 2019 and 2018 was 8.75&nbsp;per cent to 9.25&nbsp;per cent based on an actual five quarter average regulated common equity component of up to 40&nbsp;per cent. NSPI has a FAM, which enables it to seek recovery of fuel costs through regularly
scheduled rate adjustments. Differences between actual fuel costs and amounts recovered from customers through electricity rates in a year are deferred to a FAM regulatory asset or liability and recovered from or returned to customers in a
subsequent year. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The <I>Electricity Plan Act</I>, was enacted by the Province of Nova Scotia in December 2015, with a goal of providing rate stability and
predictability for customers for the 2017 through 2019 period. In March 2016, in accordance with the Electricity Plan Act, NSPI announced that it would not file a General Rate Application (&#147;GRA&#148;) for
<FONT STYLE="white-space:nowrap">non-fuel</FONT> electricity rates for the 2017 through 2019 period. The UARB approved NSPI&#146;s three-year fuel stability plan for 2017 through 2019, which resulted in an average annual overall rate increase of
1.5&nbsp;per cent to recover fuel costs for each of these three years. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;6, 2019, the UARB approved NSPI&#146;s three-year fuel stability plan which
results in an average annual overall rate increase of 1.5&nbsp;per cent to recover fuel costs for the period of 2020 through 2022. For the years 2020 to 2022, differences between actual fuel costs and fuel revenues recovered from customers will be
recovered from or returned to customers after 2022. The decision further directed that annual excess <FONT STYLE="white-space:nowrap">non-fuel</FONT> revenues above NSPI&#146;s approved range of ROE are to be applied to the FAM. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In September 2017, the UARB approved NSPI&#146;s interim assessment payment to NSP Maritime Link Inc. (&#147;NSPML&#148;) of the costs associated with the Maritime Link
when it is in service. The UARB approved annual payment for 2019 is $111&nbsp;million and as of December&nbsp;31, 2019, $101&nbsp;million of that has been paid. The payments are subject to a holdback of $10&nbsp;million pending UARB agreement that a
minimum of $10&nbsp;million in benefits from the Maritime Link are realized for NSPI customers. If the $10&nbsp;million in benefits is realized, the UARB will direct NSPI to pay the $10&nbsp;million to NSPML for that year. If not realized, then the
UARB will direct NSPI to pay to NSPML only that portion that is realized and the balance will be refunded to customers through NSPI&#146;s FAM. As of December&nbsp;31, 2019, NSPI has recorded a $6&nbsp;million holdback payable to NSPML. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>118</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In response to the delayed timing of energy delivery from the Muskrat Falls project, the approved interim assessment
payments of $110&nbsp;million and $111&nbsp;million for 2018 and 2019 respectively, reflect a $53&nbsp;million reduction in NSPML&#146;s assessment in each of 2018 and 2019, related to depreciation and amortization expenses. As these amounts are
included in NSPI&#146;s 2017 through 2019 fuel rates and were recovered from customers, NSPI is providing a credit to customers, including interest, as the payments from NSPI to NSPML are not required in those years. In 2018, $17&nbsp;million was
refunded and in 2019, a further $35&nbsp;million was refunded. The UARB decision to reduce the assessment payable to NSPML in 2018 and 2019 results in the Company recording amounts collected from customers as a FAM regulatory liability, with no
material impact on earnings. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The UARB&#146;s decision to approve NSPI&#146;s 2020 through 2022 Fuel Stability Plan outlined the treatment of the reduced 2019 NSPML
assessment of $52&nbsp;million plus interest. The reduced assessment will be refunded to most customers through a reduction incorporated into their 2020 through 2022 rates and the remaining customers will receive a
<FONT STYLE="white-space:nowrap">one-time</FONT> on bill credit in 2020. The credit to customers will be approximately $40&nbsp;million plus interest in 2020, with the remaining $12&nbsp;million plus interest to be returned to customers subsequent
to 2022. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;27, 2019, the UARB approved the 2020 interim cost assessment recovery from NSPI for costs associated with the Maritime Link of
$145&nbsp;million, subject to a holdback of up to $10&nbsp;million. Refer to the NSPML section below for further details. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Pursuant to the FAM Plan of Administration,
NSPI&#146;s fuel costs are subject to independent audit. In July 2018, the FAM audit results relating to fiscal 2016 and 2017 were publicly released. A UARB regulatory process is in progress with a hearing held on January&nbsp;13, 2020. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>NSPML </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Equity earnings contributions from the
Maritime Link are dependent on the approved ROE and operational performance of NSPML. NSPML&#146;s approved regulated ROE range is 8.75&nbsp;per cent to 9.25&nbsp;per cent, based on an actual five-quarter average regulated common equity component of
up to 30&nbsp;per cent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;27, 2019, the UARB approved NSPML&#146;s interim assessment for recovery of 2020 Maritime Link costs from NSPI of
approximately $145&nbsp;million (2019 &#150; $111 million). The total recovery of $145&nbsp;million includes approximately $115&nbsp;million of operating and maintenance, debt financing and equity financing costs, and approximately $30&nbsp;million
for depreciation and amortization of financing costs. This payment is subject to a holdback of up to $10&nbsp;million. Recovery of the $115&nbsp;million of operating and maintenance, debt financing and equity financing costs began on January&nbsp;1,
2020. Beginning June&nbsp;1, 2020, recovery of the $30&nbsp;million of depreciation and amortization of financing costs will be included in NSPI customer rates, with payment of this recovery to NSPML to begin on the earlier of the confirmation of
delivery of the Nova Scotia block (&#147;NS Block&#148;) of electricity transmitted through the Maritime Link from the Muskrat Falls hydroelectric facility, and November&nbsp;1, 2020. NSPML expects to file a final cost assessment with the UARB in
2020. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Electric Utilities </B></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>Emera Maine
</B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s distribution operations and stranded cost recoveries are regulated by the MPUC. The transmission operations are regulated by the FERC.
Rates for these are established in distinct regulatory proceedings. US tax reform benefits, resulting from the lower tax rate, were reflected in distribution and transmission rates effective July&nbsp;1, 2018, with other components being deferred to
be addressed in future regulatory proceedings. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Distribution Operations </I></B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s distribution businesses operate under a traditional <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">cost-of-service</FONT></FONT>
regulatory structure, and distribution rates are set by the MPUC. In June 2018, the MPUC approved a 5.3&nbsp;per cent distribution rate increase. This increase was effective July&nbsp;1, 2018 and is based on a 9.35&nbsp;per cent ROE and a common
equity component of 49&nbsp;per cent. Prior to July&nbsp;1, 2018, the allowed ROE was 9.0&nbsp;per cent, on a common equity component of 49&nbsp;per cent. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>119</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Transmission Operations </I></B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine&#146;s transmission operations are split between two districts; Bangor Hydro District and Maine Public Service (&#147;MPS&#148;). Bangor Hydro District local
transmission rates are regulated by the FERC and set annually on June&nbsp;1, based on a formula utilizing prior year actual transmission investments, adjusted for current year forecasted transmission investments. The allowed ROE for Bangor Hydro
District local transmission operations for 2019 and 2018 is 10.57&nbsp;per cent. Bangor Hydro District&#146;s bulk transmission assets are managed by <FONT STYLE="white-space:nowrap">ISO-New</FONT> England
<FONT STYLE="white-space:nowrap">(&#147;ISO-NE&#148;)</FONT> as part of a region-wide pool of assets. The allowed ROE range for Bangor Hydro bulk transmission assets is 11.07 to 11.74&nbsp;per cent for 2019 and 2018. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">MPS District local transmission rates are regulated by the FERC and are set annually on June&nbsp;1 for wholesale and July&nbsp;1 for retail customers based on a formula
utilizing prior year actual transmission investments and expenses. The current allowed ROE for transmission operations is 9.6&nbsp;per cent (2018 &#150; 9.6 per cent). </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Stranded Cost Recoveries </I></B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Stranded cost recoveries in Maine are set by
the MPUC. Electric utilities are permitted to recover all prudently incurred stranded costs resulting from the restructuring of the industry in 2000 that could not be mitigated or that arose as a result of rate and accounting orders issued by the
MPUC. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>The Barbados Light&nbsp;&amp; Power Company Limited </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">BLPC is regulated by the Fair Trading Commission, an independent regulator, under the Utilities Regulation (Procedural) Rules 2003. The Government of Barbados has granted
BLPC a franchise to generate, transmit and distribute electricity on the island until 2028. In 2019, the Government of Barbados passed legislation amending the number of licenses required for the supply of electricity from a single integrated
license which currently exists to multiple licenses for Generation, Transmission and Distribution, Storage, Dispatch and Sales. BLPC is negotiating the terms of the new licenses under the amended legislation. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">BLPC is regulated under a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">cost-of-service</FONT></FONT> model, with rates set to recover prudently
incurred costs of providing electricity service to customers and provide an appropriate return to investors. BLPC&#146;s approved regulated return on rate base was 10&nbsp;per cent for 2019 and 2018. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">All BLPC fuel costs are passed to customers through the fuel pass-through mechanism which provides opportunity to recover all fuel costs in a timely manner. The approved
calculation of the fuel charge is adjusted monthly and reported to the regulator. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In December 2018, the Government of Barbados signed the <I>Income Tax Amendment
Act</I> into law. This legislation which is effective January&nbsp;1, 2019, created a new corporate income tax rate schedule and eliminated certain tax credits. At the date of enactment, BLPC was required to remeasure its deferred income tax
liability at the new lower corporate income tax rate, resulting in recognition of an income tax recovery of $9.6&nbsp;million USD of which $6.9&nbsp;million USD was deferred as a regulatory liability. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>Grand Bahama Power Company Limited </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">GBPC is
regulated by the GBPA. The GBPA has granted GBPC a licensed, regulated and exclusive franchise to produce, transmit and distribute electricity on the island until 2054. There is a fuel pass-through mechanism and tariff review policy with new rates
submitted every three years. GBPC&#146;s approved regulated return on rate base was 8.5&nbsp;per cent for 2019 (2018 &#150; 8.5 per cent). In December 2018, the GBPA approved GBPC&#146;s regulated return on rate base of 8.44&nbsp;per cent for 2019.
</P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In December 2016, the GBPA approved that the <FONT STYLE="white-space:nowrap">all-in</FONT> rate for electricity (fuel and base rates) would be held at 2016 levels
over the five-year period from 2017 through 2021. Any over-recovery of fuel costs during this period will be applied to the Hurricane Matthew regulatory deferral, until such time as the deferral is recovered. Should GBPC recover funds in excess of
the Hurricane Matthew regulatory deferral, the excess will be placed in a new storm reserve. If balances remain within the Hurricane Matthew deferral at the end of five years, GBPC will have the opportunity to request recovery from customers in
future rates. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>Dominica Electricity Services Ltd. </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Domlec is regulated by the Independent Regulatory Commission, Dominica. On October&nbsp;7, 2013, the Independent Regulatory Commission, Dominica issued a Transmission,
Distribution&nbsp;&amp; Supply License and a Generation License, both of which came into effect on January&nbsp;1, 2014, for a period of 25 years. Domlec&#146;s approved allowable regulated return on rate base was 15&nbsp;per cent for 2019 and 2018.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Domlec fuel costs are passed to customers through a fuel pass-through mechanism which provides opportunity to recover substantially all fuel costs in a timely
manner. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>120</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Gas Utilities and Infrastructure </B></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#034592"><B>PGS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PGS is regulated by the FPSC. The FPSC sets
rates at a level that allows utilities such as PGS to collect total revenues or revenue requirements equal to their cost of providing service, plus an appropriate return on invested capital. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The approved ROE range for PGS is 9.25&nbsp;per cent to 11.75&nbsp;per cent, based on an allowed equity capital structure of 54.7&nbsp;per cent. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">An ROE of 10.75&nbsp;per cent is used for the calculation of return on investments for clauses. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PGS recovers the costs it pays for gas supply and interstate transportation for system supply through its purchased gas adjustment clause. This clause is designed to
recover actual costs incurred by PGS for purchased gas, gas storage services, interstate pipeline capacity, and other related items associated with the purchase, distribution, and sale of natural gas to its customers. These charges may be adjusted
monthly based on a cap approved annually by the FPSC. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The FPSC annually approves cost-recovery rates for conservation costs and Cast Iron/Bare Steel Pipe Replacement
costs, including a return on capital invested incurred in developing and implementing energy conservation programs. The Cast Iron/ Bare Steel Pipe Replacement clause is to recover the cost of accelerating the replacement of cast iron and bare steel
distribution lines in the PGS system. The FPSC approved a replacement program of approximately 5&nbsp;per cent, or 800 kilometres, of the PGS system at a cost of approximately $80&nbsp;million USD over a
<FONT STYLE="white-space:nowrap">10-year</FONT> period. As part of the depreciation study settlement agreement approved by the FPSC in February 2017, the Cast Iron/Bare Steel clause was expanded to allow recovery of accelerated replacement of
certain obsolete pipe. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;12, 2018, the FPSC approved a settlement agreement filed by PGS authorizing the utility to amortize $11&nbsp;million USD of
its MGP environmental regulatory asset and net it against its estimated 2018 tax reform benefits. Beginning in January 2019, PGS reduced its base rates by $12&nbsp;million USD to reflect the impact of tax reform and reduce depreciation rates by
$10&nbsp;million USD in accordance with the settlement agreement. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PGS is permitted to initiate a general base rate proceeding during 2020 regardless of its earned
ROE at the time, provided the new rates do not become effective before January&nbsp;1, 2021. On February&nbsp;7, 2020, PGS notified the FPSC that it is planning to file a new base rate proceeding in April 2020 for new rates effective January 2021.
</P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><FONT COLOR="#034592"><B>NMGC </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NMGC is subject to regulation by the
NMPRC. The NMPRC sets rates at a level that allows NMGC to collect total revenues equal to its cost of providing service, plus an appropriate return on invested capital. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The approved ROE for NMGC is 9.1&nbsp;per cent, on an allowed equity capital structure of 52&nbsp;per cent. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NMGC recovers gas supply costs through a purchased gas adjustment clause (&#147;PGAC&#148;). This clause recovers NMGC&#146;s actual costs for purchased gas, gas storage
services, interstate pipeline capacity, and other related items associated with the purchase, distribution, and sale of natural gas to its customers. On a monthly basis, NMGC can adjust the charges based on the next month&#146;s expected cost of gas
and any prior month under-recovery or over-recovery. The NMPRC requires that NMGC annually file a reconciliation of the PGAC period costs and recoveries. NMGC must file a PGAC Continuation Filing with the NMPRC every four years to establish that the
continued use of the PGAC is reasonable and necessary. In December 2016, NMGC received approval of its PGAC Continuation Filing for the four-year period ending December 2020. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On July&nbsp;17, 2019, the NMPRC approved a rate increase for NMGC effective August 2019, and allowed NMGC to retain tax reform benefits realized from January&nbsp;1,
2018 to the effective date of the new rates. The new rates are being phased in over two years and are expected to result in an annual revenue increase of approximately $3&nbsp;million USD. The deferred income tax regulatory liability of
$11&nbsp;million ($8&nbsp;million USD) recorded at December&nbsp;31, 2018 to reflect deferred tax benefits was recognized in revenue in Q2 2019. The NMPRC also approved the utility&#146;s weather adjustment mechanism. Beginning in August 2019, the
NMPRC approved a change in the treatment of net operating loss carryforwards. As a result of this change, a tax benefit of approximately $7&nbsp;million ($5&nbsp;million USD) was recognized in earnings in Q3 2019. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;23, 2019, NMGC filed a future year rate case on December&nbsp;23, 2019 for new rates effective January 2021. The proposed new rates reflect the recovery
of capital investment in pipelines and related infrastructure. The estimated annual incremental revenue requirement is approximately $13&nbsp;million USD. A decision from the NMPRC is expected in late 2020. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>121</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#034592"><B>Brunswick Pipeline </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Brunswick Pipeline is a <FONT STYLE="white-space:nowrap">145-kilometre</FONT> pipeline delivering natural gas from the Canaport<SUP
STYLE="font-size:85%; vertical-align:top">&#153;</SUP> <FONT STYLE="white-space:nowrap">re-gasified</FONT> liquefied natural gas (&#147;LNG&#148;) import terminal near Saint John, New Brunswick to markets in the northeastern United States. Brunswick
Pipeline entered into a <FONT STYLE="white-space:nowrap">25-year</FONT> firm service agreement commencing in July 2009 with Repsol Energy Canada. The pipeline is considered a Group II pipeline regulated by the Canada Energy Board (&#147;CER&#148;).
The CER Gas Transportation Tariff is filed by Brunswick Pipeline in compliance with the requirements of the <I>CER Act</I> and sets forth the terms and conditions of the transportation rendered by Brunswick Pipeline. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#034592"><B>16. RELATED PARTY TRANSACTIONS </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In the ordinary
course of business, Emera provides energy, construction and other services and enters into transactions with its subsidiaries, associates and other related companies on terms similar to those offered to
<FONT STYLE="white-space:nowrap">non-related</FONT> parties. Intercompany balances and intercompany transactions have been eliminated on consolidation, except for the net profit on certain transactions between
<FONT STYLE="white-space:nowrap">non-regulated</FONT> and regulated entities in accordance with accounting standards for rate-regulated entities. All material amounts are under normal interest and credit terms. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Significant transactions between Emera and its associated companies are as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Transactions between NSPI and NSPML related to the Maritime Link assessment are reported in the Consolidated Statements of
Income. NSPI&#146;s expense is reported in Regulated fuel for generation and purchased power, totalling $107&nbsp;million for the year ended December&nbsp;31, 2019 (2018 &#150; $97 million). NSPML is accounted for as an equity investment and
therefore, the corresponding earnings related to this revenue are reflected in Income from equity investments. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Natural gas transportation capacity purchases from M&amp;NP are reported in the Consolidated Statements of Income. Purchases
from M&amp;NP reported net in Operating revenues, <FONT STYLE="white-space:nowrap">Non-regulated,</FONT> totalled $63&nbsp;million for the year ended December&nbsp;31, 2019 (2018 &#150; $29 million). </P></TD></TR></TABLE>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">There were no significant receivables or payables between Emera and its associated companies reported on Emera&#146;s Consolidated Balance Sheets as at December&nbsp;31,
2019 and at December&nbsp;31, 2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#034592"><B>17. RECEIVABLES AND OTHER CURRENT ASSETS </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Receivables and other current assets consisted of the following: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;<BR></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31&nbsp;&nbsp;<BR>2018&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;<BR>&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Customer accounts receivable &#150; billed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>704</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">844&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Customer accounts receivable &#150; unbilled</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>265</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">296&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Allowance for doubtful accounts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(11)&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other receivables</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>72</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">86&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capitalized transportation capacity <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>272</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">179&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>118</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">175&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Prepaid expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">42&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment in direct financing lease (note 18)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other current assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,486</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,620&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Capitalized transportation capacity represents the value of transportation/storage received by EES on asset management
agreements at the inception of the contracts. The asset is amortized over the term of each contract. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>122</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>18. LEASES </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LESSEE </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has operating leases for
buildings, land, telecommunication services, and rail cars. Emera&#146;s leases have remaining lease terms of 1 year to 66 years, some of which include options to extend the leases for up to 65 years. These options are included as part of the lease
term when it is considered reasonably certain that they will be exercised. </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="61%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="26%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian
dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">Classification</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>December&nbsp;31&nbsp;&nbsp;</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>2019&nbsp;&nbsp;</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Right-of-use</FONT></FONT> asset</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">Other long-term assets</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>$</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><B>64&nbsp;&nbsp;</B></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Lease liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other current liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>5&nbsp;&nbsp;</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">Other long-term liabilities</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><B>61&nbsp;&nbsp;</B></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&nbsp;</B></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total lease liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><B>$</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><B>66&nbsp;&nbsp;</B></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><B>&nbsp;</B></TD></TR>
</TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has recorded lease expense of $172&nbsp;million for the year ended December&nbsp;31, 2019, of which $156&nbsp;million relates
to variable costs for power generation facility finance leases, recorded in &#147;Regulated fuel for generation and purchased power&#148; in the consolidated statements of income. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Future minimum lease payments under <FONT STYLE="white-space:nowrap">non-cancellable</FONT> operating leases for each of the next five years and in aggregate thereafter
are as follows: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="79%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2021</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Thereafter</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Minimum lease payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">102</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">136&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less imputed interest</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(70)&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">102</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">66&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="9"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="8"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Additional information related to Emera&#146;s leases is as follows:</P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Year&nbsp;ended&nbsp;December&nbsp;31&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="8"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash paid for amounts included in the measurement of lease liabilities:</P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="12" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating cash flows for operating leases (millions of
Canadian dollars)</P></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="8"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Right-of-use</FONT></FONT>
assets obtained in exchange for lease obligations:</P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="4" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating leases (millions of Canadian dollars)</P></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="4" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average remaining lease term (years)</P></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" COLSPAN="4" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Weighted average discount rate &#150; operating
leases</P></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.07%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LESSOR </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The
Company&#146;s net investment in direct finance and sales-type leases relate to Brunswick Pipeline, compressed natural gas (&#147;CNG&#148;) stations and heat pumps. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Direct finance and sales-type lease unearned income is recognized in income over the life of the lease using a constant rate of interest equal to the internal rate of
return on the lease and is recorded as &#147;Operating revenues &#150; regulated gas&#148; and &#147;Other income (expense), net&#148; on the Consolidated Statements of Income. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company manages its risk associated with the residual value of the Brunswick Pipeline lease through proper routine maintenance of the asset. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Customers have the option to purchase CNG station assets at any time after 2021 by paying a make-whole payment at the date of the purchase based on a targeted internal
rate of return or may take possession of the CNG station asset at the end of the lease term for no cost. Customers have the option to purchase heat pumps at the end of the lease term for a nominal fee. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>123</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Net investment in direct finance and sales-type leases consist of the following <SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP>: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="91%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian
dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>December&nbsp;31</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total minimum lease payment to be received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,066</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less: amounts representing estimated executory costs</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(189</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Minimum lease payments receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>877</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Estimated residual value of leased property (unguaranteed)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>183</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less: unearned finance lease income</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(532</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment in direct finance and sales-type leases</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>528</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Principal due within one year (included in &#147;Receivables and
other current assets&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>17</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment in sales-type leases &#150; long-term (included in
&#147;Other long-term assets&#148;)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>38</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net Investment in direct finance leases &#150; long-term</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>473</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The net investment in direct finance lease balance as of December&nbsp;31, 2018, primarily related to New Brunswick
Pipeline, consisted of net minimum lease payments receivable of $865&nbsp;million less an unguaranteed residual value of $183&nbsp;million and unearned finance income of $564&nbsp;million. </P></TD></TR></TABLE>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, future minimum lease payments to be received for each of the next five years and in aggregate thereafter are as follows: </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="78%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2021</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Thereafter</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Minimum lease payments to be received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">76</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">74</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">73</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">73</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">74</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">696</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,066</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less: executory costs</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(189</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Minimum lease payments receivable</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">76</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">74</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">73</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">73</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">74</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">696</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">877</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#034592"><B>19. PROPERTY, PLANT AND EQUIPMENT </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Property, plant and equipment consisted of the following regulated and <FONT STYLE="white-space:nowrap">non-regulated</FONT> assets: </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:7pt">Estimated&nbsp;useful&nbsp;life</P></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT><BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"><B></B></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31</B></FONT><BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><B>2019
</B></P></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT><BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"><B><SUP
STYLE="font-size:85%; vertical-align:top">&nbsp;(1)</SUP>&nbsp;</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL"></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT><BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">2018</P></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT><BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Generation <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3 to 131</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11,181</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,092</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transmission</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11 to 80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,318</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,047</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Distribution</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4 to 80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,820</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,348</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Gas transmission and distribution</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7 to 85</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,546</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,398</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">General plant and other</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2 to 60</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,006</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,158</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>24,871</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26,043</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less: Accumulated depreciation <SUP
STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(8,295</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(8,567</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>16,576</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17,476</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Construction work in progress</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,591</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,236</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net book value</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18,167</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18,712</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Excludes Emera Maine balances classified as held for sale as at December&nbsp;31, 2019. Refer to note 4 for further
details. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">On March&nbsp;29, 2019, the Company sold its NEGG facilities. As of December&nbsp;31, 2018, the Company classified these
assets as held for sale on the Consolidated Balance Sheets. Refer to note 4 for additional information. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>124</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#034592"><B>20. EMPLOYEE BENEFIT PLANS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera maintains a number of contributory defined-benefit and defined-contribution pension plans, which cover substantially all of its employees. In addition, the Company
provides <FONT STYLE="white-space:nowrap">non-pension</FONT> benefits for its retirees. These plans cover employees in Nova Scotia, New Brunswick, Newfoundland and Labrador, Florida, Maine, New Mexico, Barbados, Dominica and Grand Bahama Island. On
March&nbsp;25, 2019, Emera announced the sale of Emera Maine. As at December&nbsp;31, 2019, Emera Maine&#146;s assets and liabilities, including balances related to benefit plans, were classified as held for sale. Refer to note 4 for further
details. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>BENEFIT OBLIGATION AND PLAN ASSETS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The changes in benefit obligation and plan assets, and the funded status for all plans were as follows: </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">For the</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; font-size:7pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; font-size:7pt">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; font-size:7pt">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD NOWRAP VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; font-size:9pt"><B>Change in Projected Benefit Obligation (&#147;PBO&#148;) and<BR>Accumulated Post-retirement Benefit Obligation
(&#147;APBO&#148;)</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Defined&nbsp;benefit<BR>pension plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,650</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>350</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,683</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">356</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Service cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>47</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">51</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Plan participant contributions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>102</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">95</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Benefits paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(130</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(143</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Actuarial (gains) losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>231</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(133</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Settlements and curtailments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign currency translation adjustment</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(66</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(16</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">107</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,822</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>353</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,650</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">350</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Change in plan assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,300</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>49</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,408</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">45</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Employer contributions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>52</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">51</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Plan participant contributions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Benefits paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(130</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(23</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(143</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Actual return on assets, net of expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>424</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(105</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Settlements and curtailments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Foreign currency translation adjustment</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(54</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">99</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,593</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>56</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,300</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Funded status, end of year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(229</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(297</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(350</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(301</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#034592"><B>PLANS WITH PBO/APBO IN EXCESS OF PLAN ASSETS </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The aggregate financial position for all pension plans where the PBO or, for post-retirement benefit plans, the APBO exceeds the plan assets for the years ended
December&nbsp;31 is as follows: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Defined&nbsp;benefit<BR>pension plans</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;<BR>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;<BR></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension&nbsp;plans</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;<BR>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;<BR></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;<BR>&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">PBO/APBO</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,797</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>323</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,623</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">318</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fair value of plan assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,557</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,264</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Funded status</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(240</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(316</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(359</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(312</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>125</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>PLANS WITH ACCUMULATED BENEFIT OBLIGATION (&#147;ABO&#148;) IN EXCESS OF PLAN ASSETS
</B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The ABO for the defined benefit pension plans was $2,687&nbsp;million as at December&nbsp;31, 2019 (2018 &#150; $2,527 million). The aggregate financial
position for those plans with an ABO in excess of the plan assets for the years ended December&nbsp;31 is as follows: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Defined&nbsp;benefit<BR>pension&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">ABO</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,665</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,504</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fair value of plan assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,557</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,264</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Funded status</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(108</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(240</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>BALANCE SHEET </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The amounts recognized in the Consolidated Balance Sheets consisted of the following: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Defined&nbsp;benefit<BR>pension&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other current liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(18</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(206</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(254</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(347</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(294</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term liabilities associated with assets held for sale
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(30</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(44</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amount included in deferred income tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">AOCI, net of tax and regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>524</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>72</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">628</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">60</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net amount recognized</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>288</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(224</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">283</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(244</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">On March&nbsp;25, 2019, Emera announced the sale of Emera Maine. As at December&nbsp;31, 2019, Emera Maine&#146;s assets
and liabilities were classified as held for sale. Refer to note 4 for further details. </P></TD></TR></TABLE> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>AMOUNTS RECOGNIZED IN AOCI AND
REGULATORY ASSETS </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Unamortized gains and losses and past service costs arising on post-retirement benefits are recorded in AOCI or regulatory assets. As at
December&nbsp;31, 2019, regulatory asset balances related to Emera Maine have been reclassified as assets held for sale. The following table summarizes the change in AOCI and regulatory assets: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Regulatory<BR>assets</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Actuarial<BR>(gains)&nbsp;losses</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Past&nbsp;service<BR>(gains)&nbsp;costs</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Defined Benefit Pension Plans</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">389</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">246</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortized in current period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current year addition to AOCI or regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(69</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in foreign exchange rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31,
2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">358</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">160</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B><FONT STYLE="white-space:nowrap">Non-pension</FONT> benefits plans</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">65</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortized in current period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current year addition to AOCI or regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in foreign exchange rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31,
2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">78</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>126</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Defined&nbsp;benefit<BR>pension&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Actuarial losses (gains)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>160</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">246</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Past service (gains) costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>358</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>78</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">389</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">65</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total AOCI and regulatory assets before deferred income taxes</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>517</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">633</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amount included in deferred income tax
assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net amount in AOCI and regulatory assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>524</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>72</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">628</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">60</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>BENEFIT COST COMPONENTS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s net periodic benefit cost included the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year ended December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Defined&nbsp;benefit<BR>pension&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Service cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>47</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">51</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>102</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">95</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Expected return on plan assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(147</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(138</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Current year amortization of:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Actuarial losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>16</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Past service costs (gains)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets (liability)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Settlement, curtailments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>38</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">70</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The expected return on plan assets is determined based on the market-related value of plan assets of $2,401&nbsp;million as at
January&nbsp;1, 2019 (2018 &#150; $2,223 million), adjusted for interest on certain cash flows during the year. The market-related value of assets is based on a five-year smoothed asset value. Any investment gains (or losses) in excess of (or less
than) the expected return on plan assets are recognized on a straight-line basis into the market-related value of assets over a five-year period. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>PENSION PLAN ASSET ALLOCATIONS </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s investment policy includes discussion regarding the investment philosophy, the level of
risk which the Company is prepared to accept with respect to the investment of the Pension Funds, and the basis for measuring the performance of the assets. Central to the policy is the target asset allocation by major asset categories. The
objective of the target asset allocation is to diversify risk and to achieve asset returns that meet or exceed the plan&#146;s actuarial assumptions. The diversification of assets reduces the inherent risk in financial markets by requiring that
assets be spread out amongst various asset classes. Within each asset class, a further diversification is undertaken through the investment in a broad basket of investment and <FONT STYLE="white-space:nowrap">non-investment</FONT> grade securities.
Emera&#146;s target asset allocation is as follows: </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Canadian Pension Plans </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Asset class</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Target&nbsp;Range&nbsp;at&nbsp;Market&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Short-term securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0% to 5%&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35%&nbsp;to&nbsp;50%&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canadian</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12% to 22%&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-Canadian</FONT></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">30% to 55%&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>127</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><FONT STYLE="white-space:nowrap">Non-Canadian</FONT> Pension Plans </B></P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR>

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Asset class</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000">
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Target&nbsp;Range&nbsp;at&nbsp;Market&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Weighted Average&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40%&nbsp;to&nbsp;45%&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">55%&nbsp;to&nbsp;60%&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Pension Plan assets are overseen by the respective Management Pension Committees in the sponsoring companies. All pension investments are
in accordance with policies approved by the respective Board of Directors of each sponsoring company. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following tables set out the classification of the
methodology used by the Company to fair value its investments: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31, 2019&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>NAV</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;1</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Level&nbsp;2</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Percentage&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>44</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>44</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net <FONT STYLE="white-space:nowrap">in-transits</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(48</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;2%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canadian equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>210</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>210</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">US equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>388</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>388</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>15%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>176</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>176</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed income securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Government</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>93</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>93</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Corporate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>126</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>126</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>9</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Mutual funds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>199</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>199</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(4</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Open-ended investments measured at NAV <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>860</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>860</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Common collective trusts measured at NAV <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>535</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>535</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>21%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,395</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>969</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>229</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,593</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>100%&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31, 2018&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">NAV</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Level&nbsp;1</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Level&nbsp;2</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Percentage&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net <FONT STYLE="white-space:nowrap">in-transits</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(56</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(56</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;2%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Canadian equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">US equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">330</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">330</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">157</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">157</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed income securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Government</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">119</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">119</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Corporate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">108</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">108</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Mutual funds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">132</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">132</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Open-ended investments measured at NAV <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">820</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">820</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Common collective trusts measured at NAV <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">450</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">450</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,270</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">796</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">234</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,300</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">100%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">NAV investments are open-ended registered and <FONT STYLE="white-space:nowrap">non-registered</FONT> mutual funds,
collective investment trusts, or pooled funds. NAV&#146;s are calculated daily and the funds honor subscription and redemption activity regularly. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">The common collective trusts are private funds valued at NAV. The NAVs are calculated based on bid prices of the
underlying securities. Since the prices are not published to external sources, NAV is used as a practical expedient. Certain funds invest primarily in equity securities of domestic and foreign issuers while others invest in long duration U.S.
investment grade fixed income assets and seeks to increase return through active management of interest rate and credit risks. The funds honor subscription and redemption activity regularly. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Refer to note 14 for more information on the fair value hierarchy and inputs used to measure fair value. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>128</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>POST-RETIREMENT BENEFIT PLANS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">There are no assets set aside to pay for most of the Company&#146;s post-retirement benefit plans. As is common practice, post-retirement health benefits are paid from
general accounts as required. The primary exceptions to this are the NMGC Retiree Medical Plan, which is fully funded, and the Emera Maine post-retirement benefits plans, which are partially-funded. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INVESTMENTS IN EMERA </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31,
2019 and 2018, the assets related to the pension funds and post-retirement benefit plans do not hold any material investments in Emera or its subsidiaries securities. However, as a significant portion of assets for the benefit plan are held in
pooled assets, there may be indirect investments in these securities. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CASH FLOWS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table shows the expected cash flows for defined benefit pension and other post-retirement benefit plans: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Defined&nbsp;benefit</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">pension&nbsp;plans&nbsp;<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT STYLE="white-space:nowrap">Non-pension&nbsp;&nbsp;</FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">benefit&nbsp;plans<SUP STYLE="font-size:85%; vertical-align:top">&nbsp;(2)</SUP>&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Expected employer contributions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2020</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Expected benefit payments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2020</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">143</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2021</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">154</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">158</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2023</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2024</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">173</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:2.00pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">2025&#150;2029</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:2.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">959</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:2.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:2.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2.00pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">115&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:2.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes expected employer contributions related to Emera Maine of $3&nbsp;million in 2020; and expected benefit payments
related to Emera Maine of $10&nbsp;million in 2020; $10&nbsp;million in 2021; $11&nbsp;million in 2022; $11&nbsp;million in 2023; $12&nbsp;million in 2024 and $62&nbsp;million in 2025-2029. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes expected employer contributions related to Emera Maine of $3&nbsp;million in 2020; and expected benefit payments
related to Emera Maine of $3&nbsp;million in 2020; $3&nbsp;million in 2021; $3&nbsp;million in 2022; $3&nbsp;million in 2023; $4&nbsp;million in 2024 and $17&nbsp;million in 2025-2029. </P></TD></TR></TABLE>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>ASSUMPTIONS </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table shows the
assumptions that have been used in accounting for defined benefit pension and other post-retirement benefit plans: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="92%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">(weighted average assumptions)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Defined&nbsp;benefit<BR>pension&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-pension&nbsp;&nbsp;</FONT><BR>benefit plans&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Benefit obligation &#150; December 31:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount rate &#150; past service</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.17%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.27%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.05%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.30%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount rate &#150; future service</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.21%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.28%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.05%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.30%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Rate of compensation increase</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.32%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.70%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.30%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.67%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Health care trend &#150; initial (next year)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6.15%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.39%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#150; ultimate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.38%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.45%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#150; year ultimate reached</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2038</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2035&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Benefit cost for year ended December 31:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount rate &#150; past and future service</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.05%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.30%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.55%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.65%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Expected long-term return on plan assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6.50%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.81%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.38%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.73%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Rate of compensation increase</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.30%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3.67%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.12%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.28%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Health care trend &#150; initial (current year)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6.39%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.65%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#150; ultimate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4.45%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.45%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#150; year ultimate reached</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2035</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2036&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">Figures shown are weighted averages. Actual assumptions used differ by plan. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>129</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The expected long-term rate of return on plan assets is based on historical and projected real rates of return for the
plan&#146;s current asset allocation, and assumed inflation. A real rate of return is determined for each asset class. Based on the asset allocation, an overall expected real rate of return for all assets is determined. The asset return assumption
is equal to the overall real rate of return assumption added to the inflation assumption, adjusted for assumed expenses to be paid from the plan. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The discount rate
is based on high-quality long-term corporate bonds, with maturities matching the estimated cash flows from the pension plan. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SENSITIVITY
ANALYSIS FOR <FONT STYLE="white-space:nowrap">NON-PENSION</FONT> BENEFITS PLANS </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The health care cost trend significantly influences the amounts presented
for health care plans. An increase or decrease of one percentage point of the assumed health care cost trend would have had the following impact in 2019: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="89%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Increase</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decrease</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Service cost and interest cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accumulated post-retirement benefit obligation,
December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">16</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SENSITIVITY ANALYSIS FOR DEFINED BENEFIT PENSION PLANS </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The impact on the 2019 benefit cost of a 25 basis point change in the discount rate and asset return assumptions is as follows: </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Increase</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Decrease&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount rate assumption</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Asset rate assumption</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>AMOUNTS TO BE AMORTIZED IN THE NEXT FISCAL YEAR </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table shows the amounts from the AOCL and regulatory assets, which are expected to be recognized as part of the net periodic benefit cost in fiscal 2020:
</P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Defined&nbsp;benefit<BR>pension&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-pension</FONT><BR>benefit&nbsp;plans</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Actuarial gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Past service gains</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(44</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DEFINED CONTRIBUTION PLAN </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera also provides a defined contribution pension plan for certain employees. The Company&#146;s contribution for the year ended December&nbsp;31, 2019 was
$34&nbsp;million (2018 &#150; $31 million). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>130</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>21. GOODWILL </B></FONT></P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The change in goodwill for the year ended December&nbsp;31 is due to the following: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="89%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,313</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,805</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Additions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC impairment charge</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(30</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Classified as assets held for sale <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(148</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in foreign exchange rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(303</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">508</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,835</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,313</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">On March&nbsp;25, 2019, Emera announced the sale of Emera Maine. Emera Maine&#146;s assets and liabilities are classified
as held for sale. Refer to note 4 for further details. </P></TD></TR></TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Goodwill is subject to an annual assessment for impairment at the reporting unit level. The
goodwill on Emera&#146;s Balance Sheets at December&nbsp;31, 2019, relates to TECO Energy, Emera Maine and GBPC. Emera&#146;s reporting units with goodwill are Tampa Electric, PGS, New Mexico Gas, Emera Maine and GBPC. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2019, Emera elected to bypass a qualitative assessment and performed a quantitative impairment assessment for Tampa Electric, PGS and New Mexico Gas, respectively,
using a combination of the income and market approach. The Company concluded that the fair value of the reporting units exceeded their respective carrying values and, as such, no impairment charges were recognized. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Goodwill on Emera&#146;s Consolidated Balance Sheets at December&nbsp;31, 2018, included $104&nbsp;million related to GBPC. In 2019, Emera elected to bypass a qualitative
assessment and performed a quantitative impairment assessment for GBPC using an income approach. This assessment concluded that the fair value of the reporting unit was below its carrying value, including goodwill. Certain assumptions used in
determining the fair value of the reporting unit in the 2019 impairment test changed from those used in prior years, including a decrease in expected future cash flows due to the impacts of Hurricane Dorian storm recovery and changes in the
anticipated long term regulated capital structure of GBPC. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As a result, Emera recognized an impairment charge of $30&nbsp;million in 2019 based on the excess of
GBPC&#146;s carrying amount over its fair value. This <FONT STYLE="white-space:nowrap">non-cash</FONT> charge is included in &#147;GBPC impairment charge&#148; in the Consolidated Statements of Income. $70&nbsp;million in goodwill continues to be
related to GBPC as at December&nbsp;31, 2019. </P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>131</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>22. SHORT-TERM DEBT </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s short-term borrowings consist of commercial paper issuances, advances on revolving and <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit
facilities and short-term notes. Short-term debt and the related weighted-average interest rates as at December&nbsp;31 consisted of the following: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Weighted<BR>average<BR>interest&nbsp;rate</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Weighted&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">average&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">interest&nbsp;rate&nbsp;&nbsp;&nbsp;&nbsp;</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>TECO Finance</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Advances on revolving credit and term facilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>656</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.39%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">805</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.43%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Tampa Electric Company (&#147;TEC&#148;)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Advances on accounts receivable and revolving credit
facilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>452</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.56%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">302</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.10%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Emera Inc.</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-revolving</FONT> term facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>399</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.69%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Bank indebtedness</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>GBPC</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Advances on revolving credit facilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5.25%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>NMGC</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Advances on revolving credit facilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.70%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">79</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.40%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>NSPI</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Bank indebtedness</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;%&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Short-term debt</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,537</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,186</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s total short-term revolving and <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit facilities, outstanding
borrowings and available capacity as at December&nbsp;31 were as follows: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="89%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Maturity</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Energy/TECO Finance &#150; term credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>649</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">682&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Energy/TECO Finance &#150; revolving credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>520</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">546&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tampa Electric Company &#150; revolving credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>520</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">443&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Inc. &#150; <FONT STYLE="white-space:nowrap">non-revolving</FONT> term facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>400</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tampa Electric Company &#150; accounts receivable revolving credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">205&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NMGC &#150; revolving credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>162</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">171&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">GBPC &#150; revolving credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">on&nbsp;demand</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>17</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,463</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,065&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Advances under revolving credit and term facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,525</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,186&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Letters of credit issued within the credit facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total advances under available
facilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,528</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,189&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Available capacity under existing agreements</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>935</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">876&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The weighted average interest rate on outstanding short-term debt at December&nbsp;31, 2019 was 2.54&nbsp;per cent (2018 &#150; 3.34 per
cent). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>132</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>RECENT SIGNIFICANT FINANCING ACTIVITIES BY SEGMENT </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Florida Electric Utilities </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On February&nbsp;6, 2020, TEC entered into a
$300&nbsp;million USD <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit agreement with a maturity date of February&nbsp;4, 2021. The credit agreement contains customary representations and warranties, events of default, financial and
other covenants and bears interest at LIBOR, prime rate or the federal funds rate, plus a margin. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;19, 2019, TEC increased its $325&nbsp;million USD
revolving credit facility by $75&nbsp;million USD to $400&nbsp;million USD. There were no other changes in commercial terms. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;16, 2019, Emera entered into a $400&nbsp;million <FONT STYLE="white-space:nowrap">non-revolving</FONT> credit agreement with a maturity date of
December&nbsp;15, 2020. The credit agreement contains customary representations and warranties, events of default, financial and other covenants and bears interest at Bankers Acceptance rates or prime rate advances, plus a margin. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On March&nbsp;7, 2019, TECO Energy/Finance extended the maturity date of its $500&nbsp;million USD credit facility from March&nbsp;8, 2019 to March&nbsp;5, 2020. There
were no other significant changes in commercial terms from the prior agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>23. OTHER CURRENT LIABILITIES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Other current liabilities consisted of the following: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As at</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL">millions of Canadian
dollars</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31<BR>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31<BR>2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accrued charges</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>147</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">154</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accrued interest on long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>77</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">93</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Pension and post-retirement liabilities (note 20)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Sales and other taxes payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>13</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>333</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">428</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>24. LONG-TERM DEBT </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Bonds, notes and debentures are at fixed interest rates and are unsecured unless noted below. Included are certain bankers&#146; acceptances and commercial paper where
the Company has the intention and the unencumbered ability to refinance the obligations for a period greater than one year. </P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>133</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Long-term debt as at December&nbsp;31 consisted of the following: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Weighted&nbsp;average</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">interest&nbsp;rate&nbsp;<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2019</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Maturity</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Emera</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Bankers acceptances, LIBOR loans</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>437</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">339</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unsecured fixed rate notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.90%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.50%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>500</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">725</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed to floating subordinated notes (USD)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.75%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6.75%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2076</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,559</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,637</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,496</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,701</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Emera Finance</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unsecured senior notes (USD)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.86%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.60%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021&#150;2046</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,572</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,434</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>TECO Finance </B><SUP STYLE="font-size:85%; vertical-align:top"></SUP><FONT
STYLE="font-family:ARIAL; font-size:6pt"><SUP STYLE="font-size:85%; vertical-align:top">(2)<B></B></SUP><B></B></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed rate notes and bonds (USD)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.15%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.15%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>390</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">409</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Tampa Electric </B><SUP STYLE="font-size:85%; vertical-align:top"></SUP><FONT
STYLE="font-family:ARIAL; font-size:6pt"><SUP STYLE="font-size:85%; vertical-align:top">(3)<B></B></SUP><B></B></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed rate notes and bonds (USD)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.53%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.64%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021&#150;2050</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,334</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,126</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>PGS</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed rate notes and bonds (USD)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.58%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.66%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021&#150;2050</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>437</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">425</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>NMGC</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed rate notes and bonds (USD)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.30%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.53%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021&#150;2049</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>474</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">368</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>NMGI</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed rate notes and bonds (USD)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.64%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.41%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">273</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>NSPI</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Discount notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>308</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">516</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Medium term fixed rate notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.37%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.73%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2025&#150;2097</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,365</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,965</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed rate debenture</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9.75%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">95</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,673</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,576</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Emera Maine</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">LIBOR loans and demand loans</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Secured fixed rate mortgage bonds (USD)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9.74%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9.74%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2020&#150;2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>65</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">68</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unsecured senior fixed rate notes (USD)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.15%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.23%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2022&#150;2049</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>442</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">382</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>518</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">478</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>EBP</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Senior secured credit facility</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.08%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>248</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">248</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>ECI</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Secured senior notes (USD)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Variable</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>130</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">159</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortizing fixed rate notes (USD)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.89%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3.83%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2021&#150;2022</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>122</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">114</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Secured fixed rate senior notes <SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.84%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.51%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2020&#150;2035</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>218</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>470</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">464</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Adjustments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fair market value adjustment &#150; TECO Energy acquisition
<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Debt issuance costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(119</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(113</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Classification as liabilities held for sale <SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></P></TD>

<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(516</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amount due within one year <SUP STYLE="font-size:85%; vertical-align:top">(7)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(501</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,119</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,128</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,210</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-Term Debt</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>13,679</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14,292</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Weighted average interest rate of fixed rate long-term debt. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">TECO Energy is a full and unconditional guarantor of TECO Finance&#146;s securities, and no subsidiaries of TECO Energy
guarantee TECO Finance&#146;s securities. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">A substantial part of Tampa Electric&#146;s tangible assets are pledged as collateral to secure its first mortgage bonds.
There are currently no bonds outstanding under Tampa Electric&#146;s first mortgage bond indenture. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Notes are issued and payable in either USD, BBD or East Caribbean Dollar (XCD). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">On acquisition of TECO Energy, Emera recorded a fair market value adjustment on the unregulated long-term debt acquired.
The fair market value adjustment is amortized over the remaining term of the debt. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Emera Maine&#146;s assets and liabilities are classified as held for sale. Refer to note 4 for further details.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Excludes Emera Maine amounts which are classified as current liabilities associated with assets held for sale.
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>134</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company&#146;s total long-term revolving credit facilities, outstanding borrowings and available capacity as at
December&nbsp;31 were as follows: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Maturity</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera &#150; revolving credit facility <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">June 2024</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>900</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPI &#150; revolving credit facility <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">October&nbsp;2024</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>600</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">600</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Maine &#150; revolving credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">February&nbsp;2023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>104</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">109</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">BLPC &#150; revolving credit facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2020&#150;2032</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>25</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,629</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,635</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Less:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Borrowings under credit facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>771</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Letters of credit issued inside credit facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>65</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">77</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Use of available facilities</P></TD>

<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>836</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">976</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Available capacity under existing agreements</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>793</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">659</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Advances on the revolving credit facility can be made by way of overdraft on accounts up to $50&nbsp;million.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DEBT COVENANTS </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera and
its subsidiaries have debt covenants associated with their credit facilities. Covenants are tested regularly and the Company is in compliance with covenant requirements. Emera&#146;s significant covenants are listed below: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Financial Covenant</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Requirement</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>As at<BR>December&nbsp;31,&nbsp;2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Emera</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Syndicated credit facilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Debt&nbsp;to&nbsp;capital&nbsp;ratio</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Less&nbsp;than&nbsp;or&nbsp;equal&nbsp;to&nbsp;0.70&nbsp;to&nbsp;1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.59&nbsp;:&nbsp;1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>RECENT SIGNIFICANT FINANCING ACTIVITY BY SEGMENT </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Florida Electric Utilities </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On July&nbsp;24, 2019, TEC completed a
$300&nbsp;million USD <FONT STYLE="white-space:nowrap">30-year</FONT> senior notes issuance. The notes bear interest at a rate of 3.625&nbsp;per cent and have a maturity date of June&nbsp;15, 2050. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Canadian Electric Utilities </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;25, 2019, NSPI amended its
operating credit facility to extend the maturity from October 2023 to October 2024. All other terms of the agreement are the same. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On August&nbsp;2, 2019, NSPI
repaid a $95&nbsp;million debenture upon maturity. The debenture was repaid using its operating credit facility. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On April&nbsp;4, 2019, NSPI completed a
$400&nbsp;million Series AB <FONT STYLE="white-space:nowrap">30-year</FONT> medium term notes issuance. The notes bear interest at a rate of 3.57&nbsp;per cent and have a maturity date of April&nbsp;5, 2049. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Gas Utilities and Infrastructure </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;19, 2019, NMGC completed a
$80&nbsp;million USD <FONT STYLE="white-space:nowrap">30-year</FONT> unsecured note issuance. The notes bear interest at a rate of 3.72&nbsp;per cent and have a maturity date of December&nbsp;15, 2049. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;19, 2019, NMGC completed a $15&nbsp;million USD <FONT STYLE="white-space:nowrap">15-year</FONT> unsecured note issuance. The notes bear interest at a
rate of 3.24&nbsp;per cent and have a maturity date of December&nbsp;15, 2034. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On July&nbsp;31, 2019, New Mexico Gas Intermediate (&#147;NMGI&#148;) repaid a
$50&nbsp;million USD note upon maturity. The note was repaid using cash on hand. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On May&nbsp;17, 2019, Emera Brunswick Pipeline amended the maturity date of its
$250&nbsp;million Credit Agreement from February 2022 to May 2023. There were no other material changes in commercial terms. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Electric Utilities </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;10, 2019, Emera Maine completed a securities issuance for $60&nbsp;million USD senior unsecured notes. The
<FONT STYLE="white-space:nowrap">30-year</FONT> notes bear interest at a rate of 3.79&nbsp;per cent and will mature on December&nbsp;10, 2049. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>135</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On December&nbsp;2,
2019, Emera&#146;s Series G $225&nbsp;million 4.83&nbsp;per cent medium-term notes matured and were repaid. The notes were repaid using existing credit facilities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On June&nbsp;14, 2019, Emera Finance repaid a $500&nbsp;million USD note upon maturity. The note was repaid using proceeds from the sale of the NEGG facilities. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On June&nbsp;13, 2019, Emera extended the maturity date of its $900&nbsp;million revolving credit facility from June 2020 to June 2024. There were no other significant
changes in commercial terms from the prior agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>LONG-TERM DEBT MATURITIES </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, long-term debt maturities, including capital lease obligations, for each of the next five years and in aggregate thereafter are as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="79%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2021</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Thereafter</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">437</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,559</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,496</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera US Finance LP</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">974</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,598</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,572</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">TECO Finance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">390</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">390</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Tampa Electric</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">301</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">292</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,741</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,334</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">PGS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">61</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">344</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">437</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NMGC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">195</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">195</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NMGI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">260</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">214</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">474</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">308</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,365</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,673</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Emera Maine <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">49</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">107</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">351</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">518</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">EBP</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">248</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">248</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">ECI</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">111</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">81</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">72</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">47</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">90</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">470</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;550</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;1,665</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;512</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;831</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;987</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,262</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14,807</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Classified as held for sale. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>25. ASSET RETIREMENT OBLIGATIONS </B></FONT></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">AROs mostly
relate to reclamation of land at the thermal, hydro and combustion turbine sites; and the disposal of polychlorinated biphenyls in transmission and distribution equipment and a pipeline site. Certain hydro, transmission and distribution assets may
have additional AROs that cannot be measured as these assets are expected to be used for an indefinite period and, as a result, a reasonable estimate of the fair value of any related ARO cannot be made. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The change in ARO for the years ended December&nbsp;31 is as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, January&nbsp;1</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>205</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">172</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Additions <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Liabilities settled <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(25</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accretion included in depreciation expense</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>7</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in foreign exchange rate</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(5</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Balance, December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>185</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">205</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Tampa Electric produces ash and other <FONT STYLE="white-space:nowrap">by-products,</FONT> collectively known as
CCR&#146;s, at its Big Bend and Polk power stations. The increase in ARO in 2018 was to achieve compliance with the US Environmental Protection Agency&#146;s CCR rule due to the closure of a CCR management facility that began in 2018. The closure
was completed in 2019. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>136</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>26. COMMITMENTS AND CONTINGENCIES </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>A. COMMITMENTS </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019,
contractual commitments (excluding pensions and other post-retirement obligations, convertible debentures, long-term debt and asset retirement obligations) for each of the next five years and in aggregate thereafter consisted of the following: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="79%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2020</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2021</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2022</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2023</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2024</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Thereafter</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Purchased power <SUP STYLE="font-size:85%; vertical-align:top">(1) (2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">210</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">233</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">237</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">246</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">249</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,228</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,403</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Transportation <SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">514</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">398</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">340</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">281</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">264</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,517</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Capital projects <SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">411</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">109</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">103</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">86</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">709</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fuel, gas supply and storage</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">466</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">133</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">622</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term service agreements <SUP STYLE="font-size:85%; vertical-align:top">(5) (6)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">100</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">278</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Equity investment commitments <SUP STYLE="font-size:85%; vertical-align:top">(7)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">240</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">240</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Leases and other <SUP STYLE="font-size:85%; vertical-align:top">(8)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">118</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">199</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Demand side management</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">41</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">122</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$1,950</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$970</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$799</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$658</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$547</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$5,166</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$10,090</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL">As noted below, contractual obligations at December&nbsp;31, 2019
include amounts related to Emera Maine. On completion of the sale of Emera Maine, all of the remaining future contractual obligations will be transferred to the buyer. Refer to note 4 for additional information. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Annual requirement to purchase electricity production from independent power producers or other utilities over varying
contract lengths. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $520&nbsp;million related to Emera Maine ($13&nbsp;million in 2020; $23&nbsp;million in 2021; $27&nbsp;million in
2022; $31&nbsp;million in 2023; $31&nbsp;million in 2024 and $395&nbsp;million thereafter). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Purchasing commitments for transportation of fuel and transportation capacity on various pipelines. </P></TD></TR></TABLE>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $345&nbsp;million of commitments related to Tampa Electric&#146;s solar and Big Bend Power Station modernization
projects. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Maintenance of certain generating equipment, services related to a generation facility and wind operating agreements,
outsourced management of computer and communication infrastructure and vegetation management. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes $44&nbsp;million related to various long-term service agreements Emera Maine has entered into for IT maintenance
and vegetation management ($19&nbsp;million in 2020; $9&nbsp;million in 2021; $8&nbsp;million in 2022; and $8&nbsp;million in 2023). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Emera has a commitment to make equity contributions to the Labrador Island Link Limited Partnership.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(8)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Includes operating lease agreements for buildings, land, telecommunications services and rail cars, transmission rights
and investment commitments. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">NSPI has a contractual obligation to pay NSPML for the use of the Maritime Link over approximately 37 years from its
January&nbsp;15, 2018 <FONT STYLE="white-space:nowrap">in-service</FONT> date. The UARB approved payment for 2019 was $111&nbsp;million subject to a $10&nbsp;million holdback and as at December&nbsp;31, 2019, $101&nbsp;million has been paid. The
UARB approved payment for 2020 is $145&nbsp;million, subject to a holdback of up to $10&nbsp;million. As part of NSPI&#146;s 2020-2022 fuel stability plan, rates have been set to include the $145&nbsp;million approved for 2020 and estimated amounts
of $164&nbsp;million and $162&nbsp;million for 2021 and 2022, respectively. These estimated amounts are subject to review and approval by the UARB. The timing and amounts payable to NSPML for the remainder of the
<FONT STYLE="white-space:nowrap">37-year</FONT> commitment period are dependent on regulatory filings with the UARB. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has committed to obtain certain
transmission rights for Nalcor Energy, if requested, to enable them to transmit energy which is not otherwise used in Newfoundland or Nova Scotia. This energy would be transmitted from Nova Scotia to New England energy markets beginning at first
commercial power of the Muskrat Falls hydroelectric generating facility and related transmission assets when Nalcor commences delivery of the NS Block, and continuing for 50 years. As transmission rights are contracted, Emera includes the
obligations within &#147;Leases and other&#148; in the above table. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>B. LEGAL PROCEEDINGS </B></FONT></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>TECO Guatemala Holdings (&#147;TGH&#148;) </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In 2013, the International Centre
for the Settlement of Investment Disputes (&#147;ICSID&#148;) Tribunal hearing the arbitration claim of TGH, a wholly owned subsidiary of TECO Energy, against the Republic of Guatemala (&#147;Guatemala&#148;) under the Dominican Republic Central
America &#150; United States Free Trade Agreement, issued an award in the case (&#147;the Award&#148;). The ICSID Tribunal unanimously found in favour of TGH and awarded damages to TGH of approximately $21&nbsp;million USD, plus interest from
October&nbsp;21, 2010 at a rate equal to the U.S. prime rate plus two per cent. This award was upheld in subsequent annulment proceedings in 2016 and, in addition, TGH&#146;s application for partial annulment of the award was granted, and Guatemala
was ordered to pay certain costs relating to the annulment proceedings. As a result, TGH had the right to resubmit its arbitration claim against Guatemala to seek additional damages (in addition to the previously awarded $21&nbsp;million USD), as
well as additional interest on the $21&nbsp;million USD, and its full costs relating to the original arbitration and the new arbitration proceeding. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>137</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On September&nbsp;23, 2016, TGH filed a request for resubmission to arbitration. A new tribunal was constituted, and the
matter was fully briefed. A hearing was held in March 2019 and a decision is expected from the tribunal in 2020. In addition, TGH sued Guatemala in Washington, D.C. court to enforce the $21&nbsp;million USD owing. Guatemala&#146;s motion to dismiss
the enforcement action was denied. On October&nbsp;1, 2019, the court granted TGH&#146;s motion for summary judgment which will allow TGH to seek collection of the award plus interest when the order is final. Guatemala has appealed that decision.
Results to date do not reflect any benefit. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Superfund and Former Manufactured Gas Plant Sites </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">TEC, through its Tampa Electric and PGS divisions, is a potentially responsible party (&#147;PRP&#148;) for certain superfund sites and, through its PGS division, for
certain former manufactured gas plant sites. While the joint and several liability associated with these sites presents the potential for significant response costs, as at December&nbsp;31, 2019, TEC has estimated its financial liability to be
$27&nbsp;million ($21&nbsp;million USD), primarily at PGS. This estimate assumes that other involved PRPs are credit-worthy entities. This amount has been accrued and is primarily reflected in the long-term liability section under &#147;Other
long-term liabilities&#148; on the Consolidated Balance Sheets. The environmental remediation costs associated with these sites are expected to be paid over many years. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The estimated amounts represent only the portion of the cleanup costs attributable to TEC. The estimates to perform the work are based on TEC&#146;s experience with
similar work, adjusted for site-specific conditions and agreements with the respective governmental agencies. The estimates are made in current dollars, are not discounted and do not assume any insurance recoveries. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In instances where other PRPs are involved, most of those PRPs are believed to be currently credit-worthy and are likely to continue to be credit-worthy for the duration
of the remediation work. However, in those instances that they are not, TEC could be liable for more than TEC&#146;s actual percentage of the remediation costs. Other factors that could impact these estimates include additional testing and
investigation which could expand the scope of the cleanup activities, additional liability that might arise from the cleanup activities themselves or changes in laws or regulations that could require additional remediation. Under current
regulations, these costs are recoverable through customer rates established in base rate proceedings. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Maine </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">From 2011 to 2016, four separate complaints were filed with the FERC to challenge the base return on equity (&#147;ROE&#148;) under the
<FONT STYLE="white-space:nowrap">ISO-New</FONT> England <FONT STYLE="white-space:nowrap">(&#147;ISO-NE&#148;)</FONT> Open Access Transmission Tariff (&#147;OATT&#148;). </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Complaint I, filed by a group including the Attorney General of Massachusetts, New England utilities commissions, state
public advocates and end users, was remanded to the FERC by the US Court of Appeals in 2017 for further proceedings. No reserve has been made with respect to Complaint I due to uncertainty of the outcome. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Complaints II and III (the &#147;ENE&#148; and &#147;MA AG II&#148; cases), brought by a group of consumer advocates and by
a group of state commissions, state public advocates and end users respectively, have been joined together and are presently pending before the FERC. Emera Maine has recorded a reserve of approximately $4&nbsp;million USD for these cases. These
reserves have been recorded as &#147;Regulatory liabilities&#148; on the Consolidated Balance Sheets and as a reduction to &#147;Operating revenues &#150; regulated electric&#148; on the Consolidated Statements of Income. The reserve was calculated
based on Emera Maine&#146;s best estimate of the probable outcome. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%">&nbsp;</TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:9pt">Complaint IV was filed by the Eastern Massachusetts Consumer Owned Systems (&#147;EMCOS&#148;). On March&nbsp;27, 2018, a
FERC Administrative Law Judge issued an Initial Decision concluding that the currently filed base ROE of 10.57&nbsp;per cent, which with incentive adders may reach a maximum ROE of 11.74&nbsp;per cent, is not unjust and unreasonable. This decision
was appealed to the FERC. No reserve has been made in relation to Complaint IV due to the uncertainty of the final outcome. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On October&nbsp;16,
2018, the FERC issued an order that addressed all four complaint proceedings. The FERC order proposed a new methodology to set ROEs. Based on the new methodology, the FERC&#146;s preliminary finding was a 10.41&nbsp;per cent base ROE for the <FONT
STYLE="white-space:nowrap">ISO-NE</FONT> OATT. The FERC has permitted parties to comment on the new methodology and its application to the four pending complaint proceedings. No new or additional reserves have been made with respect to any of the
four pending complaints due to uncertainty. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>138</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On November&nbsp;21, 2019, the FERC approved an order affecting transmission ROEs in the Midcontinent ISO region (MISO)
that alters the Commission&#146;s methodology for analyzing the base return on equity component of a jurisdictional public utility&#146;s rates. The methodology applied in the MISO case may be applied by the FERC in the pending ISO NE cases. No date
for a decision has been made yet, but the FERC is expected to rule on these three outstanding <FONT STYLE="white-space:nowrap">ISO-NE</FONT> cases in 2020. Additionally, both the MISO case, and a decision in the
<FONT STYLE="white-space:nowrap">ISO-NE</FONT> cases, will be subject to further appeal rights and, if appealed, a final decision would be unlikely to occur before Q4 2020. Therefore, no change in Emera Maine&#146;s accrual related to ROE complaints
has been made as a result of the MISO decision. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Legal Proceedings </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera and its subsidiaries may, from time to time, be involved in other legal proceedings, claims and litigation that arise in the ordinary course of business which the
Company believes would not reasonably be expected to have a material adverse effect on the financial condition of the Company. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>C.
PRINCIPAL FINANCIAL RISKS AND UNCERTAINTIES </B></FONT></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera believes the following principal financial risks could materially affect the Company in the normal
course of business. Risks associated with derivative instruments and fair value measurements are discussed in note 13 and note 14. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Sound risk management is an
essential discipline for running the business efficiently and pursuing the Company&#146;s strategy successfully. Emera has a business-wide risk management process, monitored by the Board of Directors, to ensure a consistent and coherent approach to
risk management. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Foreign Exchange Risk </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company is exposed to foreign
currency exchange rate changes. Emera operates internationally, with an increasing amount of the Company&#146;s adjusted net income earned outside of Canada. As such, Emera is exposed to movements in exchange rates between the Canadian dollar and,
particularly, the US dollar, which could positively or adversely affect results. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Consistent with the Company&#146;s risk management policies, Emera manages currency
risks through matching US denominated debt to finance its US operations and may use foreign currency derivative instruments to hedge specific transactions and earnings exposure. The Company may enter into foreign exchange forward and swap contracts
to limit exposure on certain foreign currency transactions such as fuel purchases, revenues streams and capital expenditures, and on net income earned outside of Canada. The regulatory framework for the Company&#146;s rate-regulated subsidiaries
permits the recovery of prudently incurred costs, including foreign exchange. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company does not utilize derivative financial instruments for foreign currency
trading or speculative purposes or to hedge the value of its investments in foreign subsidiaries. Exchange gains and losses on net investments in foreign subsidiaries do not impact net income as they are reported in AOCI. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Liquidity and Capital Market Risk </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Liquidity risk relates to Emera&#146;s
ability to ensure sufficient funds are available to meet its financial obligations. Emera manages this risk by forecasting cash requirements on a continuous basis to determine whether sufficient funds are available. Liquidity and capital needs will
be financed through internally generated cash flows, select asset sales, short-term credit facilities, and ongoing access to capital markets. Cash flows generated from the sale of select assets are dependent on the market for the assets, acceptable
pricing and the timing of the close of any sales. The Company reasonably expects liquidity sources to exceed capital needs. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s access to capital and cost
of borrowing is subject to a number of risk factors including financial market conditions and ratings assigned by credit rating agencies. Disruptions in capital markets could prevent Emera from issuing new securities or cause the Company to issue
securities with less than preferred terms and conditions. Emera&#146;s growth plan requires significant capital investments in property, plant and equipment. Emera is subject to risk with changes in interest rates that could have an adverse effect
on the cost of financing. Inability to access cost-effective capital could have a material impact on Emera&#146;s ability to fund its growth plan. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>139</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera is subject to financial risk associated with changes in its credit ratings. There are a number of factors that
rating agencies evaluate to determine credit ratings, including the Company&#146;s business and regulatory framework, the ability to recover costs and earn returns, diversification, leverage, liquidity and increased exposure to climate
change-related impacts, including increased frequency and severity of hurricanes and other sever weather events. A decrease in a credit rating could result in higher interest rates in future financings, increase borrowing costs under certain
existing credit facilities, limit access to the commercial paper market or limit the availability of adequate credit support for subsidiary operations. Emera manages this risk by actively monitoring and managing key financial metrics with the
objective of sustaining investment grade credit ratings. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has exposure to its own common share price through the issuance of various forms of stock-based
compensation, which affect earnings through revaluation of the outstanding units every period. The Company uses equity derivatives to reduce the earnings volatility derived from stock-based compensation, preferred share units and deferred share
units. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Interest Rate Risk </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera utilizes a combination of fixed and
floating rate debt financing for operations and capital expenditures, resulting in an exposure to interest rate risk. Emera seeks to manage interest rate risk through a portfolio approach that includes the use of fixed and floating rate debt with
staggered maturities. The Company will, from time to time, issue long-term debt or enter into interest rate hedging contracts to limit its exposure to fluctuations in floating interest rate debt. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For Emera&#146;s regulated subsidiaries, the cost of debt is a component of rates and prudently incurred debt costs are recovered from customers. Regulatory ROE will
generally follow the direction of interest rates, such that regulatory ROE&#146;s are likely to fall in times of reducing interest rates and rise in times of increasing interest rates, albeit not directly and generally with a lag period reflecting
the regulatory process. Rising interest rates may also negatively affect the economic viability of project development and acquisition initiatives. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Commodity
Price Risk </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">A large portion of the Company&#146;s fuel supply comes from international suppliers and is subject to commodity price risk. The Company manages this
risk through established processes and practices to identify, monitor, report and mitigate these risks. Fuel contracts may be exposed to broader global conditions, which may include impacts on delivery reliability and price, despite contracted
terms. The Company seeks to manage this risk through the use of financial hedging instruments and physical contracts and through contractual protection with counterparties, where applicable. In addition, the adoption and implementation of fuel
adjustment mechanisms in its rate-regulated subsidiaries has further helped manage this risk, as the regulatory framework for the Company&#146;s rate-regulated subsidiaries permits the recovery of prudently incurred fuel costs. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Income Tax Risk </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The computation of the Company&#146;s provision for income
taxes is impacted by changes in tax legislation in Canada, the United States and the Caribbean. Any such changes could affect the Company&#146;s future earnings, cash flows, and financial position. The value of Emera&#146;s existing deferred tax
assets and liabilities are determined by existing tax laws and could be negatively impacted by changes in laws. Emera monitors the status of existing tax laws to ensure that changes impacting the Company are appropriately reflected in the
Company&#146;s tax compliance filings and financial results. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>D. GUARANTEES AND LETTERS OF CREDIT </B></FONT></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera has guarantees and letters of credit on behalf of third parties outstanding. The following significant guarantees and letters of credit are not included within the
Consolidated Balance Sheets as at December&nbsp;31, 2019: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">TECO Energy has issued a guarantee in connection with SeaCoast&#146;s performance of obligations under a
gas transportation precedent agreement. The guarantee is for a maximum potential amount of $45&nbsp;million USD if SeaCoast fails to pay or perform under the contract. The guarantee expires five years after the gas transportation precedent agreement
termination date, which is expected to terminate on January&nbsp;1, 2022. In the event that TECO Energy&#146;s and Emera&#146;s long-term senior unsecured credit ratings are downgraded below investment grade by Moody&#146;s or S&amp;P, TECO Energy
would be required to provide its counterparty a letter of credit or cash deposit of $27&nbsp;million USD. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>140</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has standby letters of credit and surety bonds in the amount of $82&nbsp;million USD (December 31, 2018
&#150; $67&nbsp;million USD) to third parties that have extended credit to Emera and its subsidiaries. These letters of credit and surety bonds typically have a <FONT STYLE="white-space:nowrap">one-year</FONT> term and are renewed annually as
required. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc., on behalf of NSPI, has a standby letter of credit to secure obligations under a supplementary retirement plan. The letter of credit expires in
June 2020 and is renewed annually. The amount committed as at December&nbsp;31, 2019 was $52&nbsp;million (December 31, 2018 &#150; $49 million). </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Collaborative
Arrangements </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For the years ended December&nbsp;31, 2019 and 2018, the Company has identified the following material collaborative arrangements: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Through NSPI, the Company is a participant in three wind energy projects in Nova Scotia. The percentage ownership of the wind project assets is based on the relative
value of each party&#146;s project assets by the total project assets. NSPI has power purchase arrangements to purchase the entire net output of the projects and, therefore, NSPI&#146;s portion of the revenues are recorded net within regulated fuel
for generation and purchased power. NSPI&#146;s portion of operating expenses is recorded in OM&amp;G expenses. In 2019, NSPI recognized $19&nbsp;million net expense (2018 &#150; $19 million) in &#147;Regulated fuel for generation and purchased
power&#148; and $3&nbsp;million (2018 &#150; $2 million) in OM&amp;G. </P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>27. CUMULATIVE PREFERRED STOCK </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Authorized: </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Unlimited number of First Preferred shares, issuable in series.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Unlimited number of Second Preferred shares, issuable in series. </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31, 2019&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31,&nbsp;2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Annual&nbsp;Dividend</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Redemption&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Issued&nbsp;and</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>Net&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Issued&nbsp;and</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Net</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">per Share</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Price&nbsp;per&nbsp;Share&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Outstanding</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Proceeds&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Outstanding</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Proceeds</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;0.6388</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,864,636</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>95&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,864,636</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">95</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series B</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Floating</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,135,364</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>52&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,135,364</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series C</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.1802</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10,000,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>245&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,000,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">245</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series E</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.1250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.75&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,000,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>122&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,000,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">122</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series F</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.0625</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,000,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>195&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,000,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">195</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series H</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.2250</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;25.00&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12,000,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>295&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12,000,000</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">295</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>41,000,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;1,004&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">41,000,000</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;1,004</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>141</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Characteristics of the First Preferred Shares: </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="82%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>First Preferred Shares </B><SUP STYLE="font-size:85%; vertical-align:top">( 1) (2)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Initial<BR>Yield<BR>(%)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Current<BR>Annual<BR>Dividend<BR>($)</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Minimum</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Reset<BR>Dividend&nbsp;Yield</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">(%)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Earliest&nbsp;Redemption<BR>and/or Conversion<BR>Option Date</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">Redemption<BR>Value</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="right">($)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Right&nbsp;to<BR>Convert&nbsp;on<BR>a One for<BR>One Basis</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fixed rate reset <SUP STYLE="font-size:85%; vertical-align:top">(3) (4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.400</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">0.6388</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.84</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">August&nbsp;15,&nbsp;2020</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Series&nbsp;B</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series C <SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.100</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.1802</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.65</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">August&nbsp;15, 2023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Series&nbsp;D</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series F <SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.0625</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.63</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">February&nbsp;15,&nbsp;2020</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Series&nbsp;G</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Minimum rate reset <SUP STYLE="font-size:85%; vertical-align:top">(3) (4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series B</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.393</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Floating</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.84</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">August&nbsp;15, 2020</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Series A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series H</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.2250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.90</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">August&nbsp;15, 2023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">Series I</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Perpetual fixed rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Series E
<SUP STYLE="font-size:85%; vertical-align:top">(7)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4.500</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.1250</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25.75</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">Holders are entitled to receive fixed or floating cumulative cash dividends when declared by the Board of Directors of the
Corporation. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">On or after the specified redemption dates, the Corporation has the option to redeem for cash the outstanding First
Preferred Shares, in whole or in part, at the specified per share redemption value plus all accrued and unpaid dividends up to but excluding the dates fixed for redemption. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">On the redemption and/or conversion option date the reset annual dividend per share will be determined by multiplying
$25.00 per share by the annual fixed or floating dividend rate, which for Series A, C, F and H is the sum of the five-year Government of Canada Bond Yield on the applicable reset date, plus the applicable reset dividend yield (Series H annual reset
rate must be a minimum of 4.90 per cent) and for Series B equals the Government of Treasury Bill Rate on the applicable reset date, plus 1.84&nbsp;per cent. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">On each conversion option date, the holders have the option, subject to certain conditions, to convert any or all of their
Shares into an equal number of Cumulative Redeemable First Preferred Shares of a specified series. The Company has the right to redeem the outstanding Preferred Shares, Series D, Series G and Series I shares without the consent of the holder every
five years thereafter for cash, in whole or in part at a price of $25.00 per share plus all accrued and unpaid dividends up to but excluding the date fixed for redemption and $25.50 per share plus all accrued and unpaid dividends up to but excluding
the date fixed for redemption in the case of redemptions on any other date after August&nbsp;15, 2023, February&nbsp;15, 2020 and August&nbsp;15, 2023, respectively. The reset dividend yield for Series I equals the Government of Treasury Bill Rate
on the applicable reset date, plus 2.54&nbsp;per cent. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">The annual fixed dividend per share for First Preferred Shares, Series C was reset from $1.0250 to $1.1802 for the
five-year period from and including August&nbsp;15, 2018. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">On January&nbsp;7, 2020, Emera announced it would not redeem the 8,000,000 Cumulative Rate Reset First Preferred Shares,
Series F Shares. The holders of the Series F Shares have the right, at their option, to convert all or any of their Series F Shares, on a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">one-for-one</FONT></FONT> basis, into
Cumulative Floating Rate First Preferred Shares, Series G of the Company on February&nbsp;15, 2020, or to continue to hold their Series F Shares. On February&nbsp;6, 2020, Emera announced that, after having taken into account all conversion notices
received from holders, no First Preferred Shares, Series F Shares would be converted into Cumulative Floating Rate First Preferred Shares, Series G Shares. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:ARIAL; " ALIGN="left">First Preferred Shares, Series E are redeemable at $25.75 to August&nbsp;15, 2020, decreasing $0.25 each year until
August&nbsp;15, 2022 and $25.00 per share thereafter. </P></TD></TR></TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">First Preferred Shares are neither redeemable at the option of the shareholder nor have a
mandatory redemption date. They are classified as equity and the associated dividends is deducted on the Consolidated Statements of Income before arriving at &#147;Net earnings attributable to common shareholders&#148; and is shown on the
Consolidated Statement of Equity as a deduction from retained earnings. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The First Preferred Shares of each series rank on a parity with the First Preferred Shares of
every other series and are entitled to a preference over the Second Preferred Shares, the Common Shares, and any other shares ranking junior to the First Preferred Shares with respect to the payment of dividends and the distribution of the remaining
property and assets or return of capital of the Company in the liquidation, dissolution or <FONT STYLE="white-space:nowrap">wind-up,</FONT> whether voluntary or involuntary. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In the event the Company fails to pay, in aggregate, eight quarterly dividends on any series of the First Preferred Shares, the holders of the First Preferred Shares, for
only so long as the dividends remain in arrears, will be entitled to attend any meeting of shareholders of the Company at which directors are to be elected and to vote for the election of two directors out of the total number of directors elected at
any such meeting. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>142</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>28. <FONT STYLE="white-space:nowrap">NON-CONTROLLING</FONT> INTEREST IN SUBSIDIARIES
</B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">As at</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Preferred shares of GBPC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Domlec</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>21</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">41</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>PREFERRED SHARES OF GBPC: </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Authorized: </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">10,000 <FONT STYLE="white-space:nowrap">non-voting</FONT>
cumulative redeemable variable perpetual preferred shares. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:7pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="90%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>number&nbsp;of</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>millions&nbsp;of</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">number&nbsp;of</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">millions&nbsp;of</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Issued and outstanding:</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>shares</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>dollars</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">shares</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">dollars</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Outstanding as at December&nbsp;31</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20,000</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>GBPC NON-VOTING CUMULATIVE VARIABLE PERPETUAL PREFERRED STOCK: </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In June 2019, GBPC redeemed all outstanding preferred shares, replacing them with $10&nbsp;million USD debt at 4&nbsp;per cent and $10&nbsp;million USD preferred shares
at 6&nbsp;per cent. The new preferred shares are redeemable by GBPC after June&nbsp;17, 2021, at $1,000 Bahamian per share plus accrued and unpaid dividends and are entitled to a 6.0&nbsp;per cent per annum fixed cumulative preferential dividend to
be paid semi-annually, with the first payment scheduled for January 2020. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Preferred Shares rank behind GBPC&#146;s current and future secured and unsecured debt
and ahead of all of GBPC&#146;s current and future common stock. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>29. SUPPLEMENTARY INFORMATION TO CONSOLIDATED STATEMENTS OF CASH FLOWS
</B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">For the</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Year&nbsp;ended&nbsp;December&nbsp;31</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Changes in <FONT STYLE="white-space:nowrap">non-cash</FONT> working capital:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Inventory</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(19</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(44</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Receivables and other current assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(144</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Accounts payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(137</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other current liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(71</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total <FONT STYLE="white-space:nowrap">non-cash</FONT> working
capital</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(116</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Supplemental disclosure of cash paid (received):</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>750</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">696</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income taxes</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(107</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">33</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Supplemental disclosure of
<FONT STYLE="white-space:nowrap">non-cash</FONT> activities:</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Common share dividends reinvested</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>187</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">181</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Increase in accrued capital expenditures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>33</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">50</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of depository receipts</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>&#150;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>143</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>30. STOCK-BASED COMPENSATION </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>EMPLOYEE COMMON SHARE PURCHASE PLAN AND COMMON SHAREHOLDERS DIVIDEND REINVESTMENT AND SHARE PURCHASE PLAN </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Eligible employees may participate in Emera&#146;s Employee Common Share Purchase Plan. As of December&nbsp;31, 2019, the plan allows employees to make cash contributions
of a minimum of $25 to a maximum of $8,000 per year for the purpose of purchasing common shares of Emera. The Company also contributes to the plan a percentage of the employees&#146; contributions. If an employee contributes any amount up to $3,000
to the employee&#146;s plan account, the Company will contribute 20&nbsp;per cent of that amount. When an employee contributes any amount over $3,000, up to the $8,000 maximum, the Company will contribute 10&nbsp;per cent of that amount. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The plan allows the reinvestment of dividends. The maximum aggregate number of Emera common shares reserved for issuance under this plan is 4&nbsp;million common shares.
As at December&nbsp;31, 2019, Emera is in compliance with this requirement. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Compensation cost for shares issued by Emera for the year ended December&nbsp;31, 2019
under the Employee Common Share Purchase Plan was $1&nbsp;million (2018 &#150; $1 million) and is included in &#147;OM&amp;G&#148; on the Consolidated Statements of Income. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In November 2019, Emera&#146;s Board of Directors approved changes to the ECSPP which are expected to be effective in 2020. These changes include increasing the maximum
employee cash contribution to $20,000 and changing the Company&#146;s matching contribution to 20&nbsp;per cent of the employees&#146; contributions. In addition, the Company match on dividends that exists within the current ECSPP plan will be
discontinued. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company also has a Common Shareholders Dividend Reinvestment and Share Purchase Plan (&#147;Dividend Reinvestment Plan&#148;) or
(&#147;DRIP&#148;), which provides an opportunity for shareholders to reinvest dividends and purchase common shares. This plan provides for a discount of up to 5&nbsp;per cent from the average market price of Emera&#146;s common shares for common
shares purchased in connection with the reinvestment of cash dividends. In 2019, the discount was changed from 5&nbsp;per cent to 2&nbsp;per cent effective with the dividend payment of August&nbsp;15, 2019. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>STOCK-BASED COMPENSATION PLANS </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Stock Option
Plan </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has a stock option plan that grants options to senior management of the Company for a maximum term of ten years. The option price of the stock
options is the closing market price of the stocks on the day before the option is granted. The maximum aggregate number of shares issuable under this plan is 11.7&nbsp;million shares. As at December&nbsp;31, 2019, Emera is in compliance with this
requirement. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Stock options vest in 25&nbsp;per cent increments on the first, second, third and fourth anniversaries of the date of the grant. If an option is not
exercised within ten years, it expires and the optionee loses all rights thereunder. The holder of the option has no rights as a shareholder until the option is exercised and shares have been issued. The total number of stocks to be optioned to any
optionee shall not exceed five per cent of the issued and outstanding common stocks on the date the option is granted. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Unless a stock option has expired, vested
options may be exercised within the 24 months following the option holders date of retirement or termination for other than just cause, and within six months following the date of termination for just cause, resignation or death. If stock options
are not exercised within such time, they expire. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company uses the Black-Scholes valuation model to estimate the compensation expense related to its stock-based
compensation and recognizes the expense over the vesting period on a straight-line basis. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>144</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table shows the weighted average fair values per stock option along with the assumptions incorporated into
the valuation models for options granted, for the year-ended December 31: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:10pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD nowrap >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="padding-bottom:1pt ;BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average fair value per option</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.41</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1.70</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expected term <SUP STYLE="font-size:85%; vertical-align:top">( 1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6&nbsp;years</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6&nbsp;years</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Risk-free interest rate <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1.82%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.13%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expected dividend yield <SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5.10%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5.69%</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expected volatility
<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14.32%</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13.71%</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">The expected term of the option awards is calculated based on historical exercise behaviour and represents the period of
time that the options are expected to be outstanding. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">Based on the Bank of Canada five-year government bond yields. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">Incorporates current dividend rates and historical dividend increase patterns. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">Estimated using the five-year historical volatility. </P></TD></TR></TABLE>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table summarizes stock option information for 2019: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;Options</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-Vested</FONT> Options <SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Number&nbsp;of<BR>Options</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Weighted<BR>Average<BR>Exercise&nbsp;Price<BR>per Share</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Number of<BR>Options</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">Weighted<BR>Average&nbsp;Grant<BR>Date&nbsp;Fair&nbsp;Value</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Outstanding as at December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,225,575</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39.56</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,679,325</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Granted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">651,400</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">46.39</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">651,400</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.41</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Exercised</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,568,625</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37.90</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Vested</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(759,900</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Forfeited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(21,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">46.39</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(21,800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2.41</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Expired</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Options outstanding December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,286,550</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>43.31</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,549,025</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2.22</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Options exercisable December</B><B></B><B>&nbsp;31, 2019
</B><SUP STYLE="font-size:85%; vertical-align:top">(2) (3)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>737,525</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>41.43</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">As at December&nbsp;31, 2019, there was $2&nbsp;million of unrecognized compensation related to stock options not yet
vested which is expected to be recognized over a weighted average period of approximately 2.4 years (2018 &#150; $2&nbsp;million, 2.2 years). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left">As at December&nbsp;31, 2019, the weighted average remaining term of vested options was 5.5 years with an aggregate
intrinsic value of $11&nbsp;million (2018 &#150; 5.1 years, $18 million). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">As at December&nbsp;31, 2019, the fair value of options that vested in the year was $2&nbsp;million (2018 &#150; $2
million). </P></TD></TR></TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Compensation cost recognized for stock options for the year ended December&nbsp;31, 2019 was $1&nbsp;million (2018 &#150; $1 million),
which is included in &#147;OM&amp;G&#148; on the Consolidated Statements of Income. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019, cash received from option exercises was
$97&nbsp;million (2018 &#150; $1 million). The total intrinsic value of options exercised for the year ended December&nbsp;31, 2019 was $32&nbsp;million (2018 &#150; $1 million). The range of exercise prices for the options outstanding as at
December&nbsp;31, 2019 was $32.06 to $46.39 (2018 &#150; $21.99 to $46.19). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>145</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SHARE UNIT PLANS </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has DSU, PSU and RSU plans and the liabilities are <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">marked-to-market</FONT></FONT> at the end
of each period based on the common share price at the end of the period. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Deferred Share Unit Plans </B></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Under the Directors&#146; DSU plan, Directors of the Company may elect to receive all or any portion of their compensation in DSUs in lieu of cash compensation, subject
to requirements to receive a minimum portion of their annual retainer in DSUs. Directors&#146; fees are paid on a quarterly basis and, at the time of each payment of fees, the applicable amount is converted to DSUs. A DSU has a value equal to one
Emera common share. When a dividend is paid on Emera&#146;s common shares, the Director&#146;s DSU account is credited with additional DSUs. DSUs cannot be redeemed for cash until the Director retires, resigns or otherwise leaves the Board. The cash
redemption value of a DSU equals the market value of a common share at the time of redemption, pursuant to the plan. Following retirement or resignation from the Board, the value of the DSUs credited to the participant&#146;s account is calculated
by multiplying the number of DSUs in the participant&#146;s account by Emera&#146;s closing common share price on the date DSUs are redeemed. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Under the executive and
senior management DSU plan, each participant may elect to defer all or a percentage of their annual incentive award in the form of DSUs with the understanding, for participants who are subject to executive share ownership guidelines, a minimum of
50&nbsp;per cent of the value of their actual annual incentive award (25&nbsp;per cent in the first year of the program) will be payable in DSUs until the applicable guidelines are met. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">When incentive awards are determined, the amount elected is converted to DSUs, which have a value equal to the market price of an Emera common share. When a dividend is
paid on Emera&#146;s common shares, each participant&#146;s DSU account is allocated additional DSUs equal in value to the dividends paid on an equivalent number of Emera common shares. Following termination of employment or retirement, and by
December&nbsp;15 of the calendar year after termination or retirement, the value of the DSUs credited to the participant&#146;s account is calculated by multiplying the number of DSUs in the participant&#146;s account by the average of Emera&#146;s
stock closing price for the fifty trading days prior to a given calculation date. Payments are usually made in cash. At the sole discretion of the Management Resources and Compensation Committee (&#147;MRCC&#148;), payments may be made in the form
of actual shares. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In addition, special DSU awards may be made from time to time by the MRCC to selected executives and senior management to recognize singular
achievements or to achieve certain corporate objectives. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">A summary of the activity related to employee and director DSUs for the year ended December&nbsp;31, 2019 is
presented in the following table: </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="87%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Employee<BR>DSU</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Weighted<BR>Average Grant<BR>Date&nbsp;Fair&nbsp;Value</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Director<BR>DSU</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Weighted<BR>Average Grant<BR>Date&nbsp;Fair&nbsp;Value</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Outstanding as at December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">837,109</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29.54</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">563,521</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37.07</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Granted including DRIP</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">120,098</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">39.05</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">104,293</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">42.25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Exercised</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(252,610</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19.68</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(136,360</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29.76</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Outstanding and exercisable as at December&nbsp;31,
2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>704,597</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>34.69</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>531,454</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>39.96</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Compensation cost recognized for employee and director DSU for the year ended December&nbsp;31, 2019 was $24&nbsp;million (2018 &#150;
($2&nbsp;million)). Tax benefits related to this compensation cost for share units realized for the year ended December&nbsp;31, 2019 were $7&nbsp;million (2018 &#150; $1 million). The aggregate intrinsic value of the outstanding shares for the year
ended December&nbsp;31, 2019 for employees was $40&nbsp;million (2018 &#150; $37 million). The aggregate intrinsic value of the outstanding shares for the year ended December&nbsp;31, 2019 for directors was $30&nbsp;million (2018 &#150; $25
million). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>146</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Performance Share Unit Plan </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Under the PSU plan, certain executive and senior employees are eligible for long-term incentives payable through the PSU plan. PSUs are granted annually for three-year
overlapping performance cycles, resulting in a cash payment. PSUs are granted based on the average of Emera&#146;s stock closing price for the fifty trading days prior to the effective grant date. Dividend equivalents are awarded and paid in the
form of additional PSUs. The PSU value varies according to the Emera common share market price and corporate performance. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PSUs vest at the end of the three-year
cycle and will be calculated and approved by the MRCC early in the following year. The value of the payout considers actual service over the performance cycle and may be <FONT STYLE="white-space:nowrap">pro-rated</FONT> in certain departure
scenarios. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">A summary of the activity related to employee PSUs for the year ended December&nbsp;31, 2019 is presented in the following table: </P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="89%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Employee<BR>PSU</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Weighted<BR>Average&nbsp;Grant<BR>Date&nbsp;Fair&nbsp;Value</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Aggregate<BR>Intrinsic&nbsp;Value</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Outstanding as at December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,127,114</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">46.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">56.9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Granted including DRIP</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">545,008</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43.15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Exercised</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(140,754</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43.00</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Forfeited</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(150,268</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">44.41</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Outstanding as at December&nbsp;31, 2019</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,381,100</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45.37</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>88.1</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Compensation cost recognized for the PSU plan for the year ended December&nbsp;31, 2019 was $34&nbsp;million (2018 &#150; $14 million).
Tax benefits related to this compensation cost for share units realized for the year ended December&nbsp;31, 2019 were $9&nbsp;million (2018 &#150; $4 million). </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Restricted Share Unit Plan </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">In November 2019, a new RSU plan was approved by
Emera&#146;s Board of Directors, with grants to begin in 2020. Under the RSU plan, certain executive and senior employees are eligible for long-term incentives payable through the RSU plan. RSUs are granted annually for three-year overlapping
cycles, resulting in a cash payment. RSUs are granted based on the average of Emera&#146;s stock closing price for the fifty trading days prior to the effective grant date. Dividend equivalents are awarded and paid in the form of additional RSUs.
The RSU value varies according to the Emera common share market price. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">RSUs vest at the end of the three-year cycle and will be calculated and approved by the MRCC
early in the following year. The value of the payout considers actual service over the performance cycle and may be <FONT STYLE="white-space:nowrap">pro-rated</FONT> in certain departure scenarios. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>31. VARIABLE INTEREST ENTITIES </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company
performs ongoing analysis to assess whether it holds any Variable Interest Entities (&#147;VIE&#148;) or whether any reconsideration events have arisen with respect to existing VIEs. To identify potential VIEs, management reviews contracts under
leases, long-term purchase power agreements, tolling contracts and jointly-owned facilities. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">VIEs of which the Company is deemed the primary beneficiary must be
consolidated. The primary beneficiary of a VIE has both the power to direct the activities of the entity that most significantly impact its economic performance and the obligation to absorb losses of the entity that could potentially be significant
to the entity. In circumstances where Emera has an investment in a VIE but is not deemed the primary beneficiary, the VIE is accounted for using the equity method. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera holds a variable interest in NSPML, a VIE for which it was determined that Emera is not the primary beneficiary since it does not have the controlling financial
interest of NSPML. When the critical milestones were achieved, Nalcor Energy was deemed the primary beneficiary of the asset for financial reporting purposes as it has authority over the majority of the direct activities that are expected to most
significantly impact the economic performance of the Maritime Link. Thus, Emera began recording the Maritime Link as an equity investment. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>147</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">BLPC has established a Self-Insurance Fund (&#147;SIF&#148;), primarily for the purpose of building a fund to cover risk
against damage and consequential loss to certain generating, transmission and distribution systems. ECI holds a variable interest in the SIF for which it was determined that ECI was the primary beneficiary and, accordingly, the SIF must be
consolidated by ECI. In its determination that ECI controls the SIF, management considered that, in substance, the activities of the SIF are being conducted on behalf of ECI&#146;s subsidiary BLPC and BLPC, alone, obtains the benefits from the
SIF&#146;s operations. Additionally, because ECI, through BLPC, has rights to all the benefits of the SIF, it is also exposed to the risks related to the activities of the SIF. Any withdrawal of SIF fund assets by the Company would be subject to
existing regulations. Emera&#146;s consolidated VIE in the SIF is recorded as &#147;Other long-term assets&#148;, &#147;Restricted cash&#148; and &#147;Regulatory liabilities&#148; on the Consolidated Balance Sheets. Amounts included in restricted
cash represent the cash portion of funds required to be set aside for the BLPC SIF. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Company has identified certain long-term purchase power agreements that meet
the definition of variable interests as the Company has to purchase all or a majority of the electricity generation at a fixed price. However, it was determined that the Company was not the primary beneficiary since it lacked the power to direct the
activities of the entity, including the ability to operate the generating facilities and make management decisions. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following table provides information about
Emera&#146;s portion of material unconsolidated VIEs: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:8pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="88%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>As at</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>December&nbsp;31, 2019</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">December&nbsp;31, 2018</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:8pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Total&nbsp;Assets</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Maximum<BR>Exposure&nbsp;to&nbsp;Loss</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Total&nbsp;Assets</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Maximum<BR>Exposure&nbsp;to<BR>Loss</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Unconsolidated VIEs in which Emera has variable interests</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">NSPML (equity accounted)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">554</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">545</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">51</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>32. COMPARATIVE INFORMATION </B></FONT></P>
<P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These financial statements contain certain reclassifications of prior period amounts to be consistent with the current period presentation, with no effect on net income.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>33. SUBSEQUENT EVENTS </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">These financial
statements and notes reflect the Company&#146;s evaluation of events occurring subsequent to the balance sheet date through February&nbsp;14, 2020, the date the financial statements were issued. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>34. SUPPLEMENTAL FINANCIAL INFORMATION </B></FONT></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">On
June&nbsp;16, 2016, Emera US Finance LP, (in such capacity, the &#147;Issuer&#148;), issued $3.25&nbsp;billion USD senior unsecured notes (&#147;U.S. Notes&#148;). The U.S. Notes are fully and unconditionally guaranteed, on a joint and several
basis, by Emera (in such capacity, the &#147;Parent Company&#148;) and Emera US Holdings Inc. (in such capacity, the &#147;Guarantor Subsidiaries&#148;). Emera owns, directly or indirectly, all of the limited and general partnership interests in
Emera US Finance LP. </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The following condensed consolidated financial statements present the results of operations, financial position and cash flows of the Parent
Company, Subsidiary Issuer, Guarantor Subsidiaries and all other <FONT STYLE="white-space:nowrap">Non-guarantor</FONT> Subsidiaries independently and on a consolidated basis. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Our guarantors were not determined using geographic, service line or other similar criteria, and as a result, the &#147;Parent&#148;, &#147;Subsidiary Issuer&#148;,
&#147;Guarantor Subsidiaries&#148; and <FONT STYLE="white-space:nowrap">&#147;Non-guarantor</FONT> Subsidiaries&#148; columns each include portions of our domestic and international operations. Accordingly, this basis of presentation is not intended
to present our financial condition, results of operations or cash flows for any purpose other than to comply with the specific requirements for guarantor reporting. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>148</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONDENSED CONSOLIDATED STATEMENTS OF INCOME </B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="77%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;Subsidiary<BR>Issuer</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Guarantor<BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-guarantor</FONT><BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Consolidated</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,125</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,029</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,111</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,084</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,695</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(42</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,768</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income (loss) from equity investments and subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">753</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">151</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(752</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>154</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other income (expenses), net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>12</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">75</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(40</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">481</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">222</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>738</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Income (loss) before provision for income taxes</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">668</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">584</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">252</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(773</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>771</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense (recovery)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(40</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">60</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">30</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>61</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income (loss)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">708</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">222</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(773</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>710</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-controlling</FONT> interest in subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Preferred stock dividends</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">45</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>45</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income (loss) attributable to common
shareholders</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">663</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">29</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">505</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">219</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(753</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>663</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Comprehensive income (loss) of Emera Incorporated</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">465</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">102</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">205</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(321</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>465</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">For the year ended December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,432</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,146</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(54</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">45</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,468</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,665</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(52</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,126</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income (loss) from equity investments and subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">801</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">150</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(800</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">154</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other income (expenses), net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest expense, net
<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">79</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(40</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">456</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">218</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">713</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">I<B>ncome (loss) before provision for income taxes</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">699</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">531</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">386</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(840</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income tax expense (recovery)</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(47</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">64</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">43</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">69</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income (loss)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">746</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">467</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">343</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(840</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">747</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-controlling</FONT> interest in subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Preferred stock dividends</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(42</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income (loss) attributable to common
shareholders</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">710</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">31</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">429</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">340</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(800</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">710</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Comprehensive income (loss) of Emera Incorporated</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,249</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">56</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">973</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">439</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,468</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,249</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7.5pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7.5pt; font-family:ARIAL; " ALIGN="left"><FONT STYLE="font-size:6.5pt">Interest expense is net of interest revenue.</FONT> </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>149</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONDENSED CONSOLIDATED BALANCE SHEETS </B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="81%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;Subsidiary<BR>Issuer</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Guarantor<BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-guarantor</FONT><BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Consolidated</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">96</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,486</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,171</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(294</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,486</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Property, plant and equipment</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13,099</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,040</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18,167</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Other assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">519</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">912</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,431</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Goodwill</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,762</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">70</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>5,835</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,994</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,856</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,739</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,289</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(16,955</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,923</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total other assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,997</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,856</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,020</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,271</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(16,955</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>11,189</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12,116</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,883</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22,605</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,482</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17,244</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31,842</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Liabilities and Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">542</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,699</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">992</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,079</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,166</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-term liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,978</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,534</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,829</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,547</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6,209</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>13,679</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">515</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">767</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,285</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,793</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">93</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,886</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,697</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">511</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,225</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total long-term liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,016</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,537</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12,834</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,918</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6,230</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19,075</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total Emera Incorporated equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,558</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">334</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,072</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,551</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9,949</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,566</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-controlling</FONT> interest in
subsidiaries</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">14</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>35</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total equity</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,558</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">334</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,072</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,572</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9,935</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,601</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities and equity</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">12,116</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,883</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22,605</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,482</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17,244</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>31,842</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">146</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">67</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,767</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,096</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(244</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,832</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Property, plant and equipment</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13,745</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,946</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>18,712</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Other assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">645</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">759</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,404</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Goodwill</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,208</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">105</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6,313</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,457</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,660</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">971</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17,235</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>3,053</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total other assets</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,457</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,660</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">7,824</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,064</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17,235</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>10,770</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,627</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,727</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23,336</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,106</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17,482</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>32,314</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Liabilities and Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Current liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">368</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">695</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,829</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">926</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(265</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>4,553</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Long-term liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,906</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,709</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,243</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,428</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6,994</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14,292</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Deferred income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">668</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">643</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,320</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Regulatory liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,118</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">241</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>2,359</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other long-term liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">874</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">543</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,432</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total long-term liabilities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2,942</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,712</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">13,903</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">5,855</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(7,009</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>19,403</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total Emera Incorporated equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,317</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">320</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,604</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,303</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(10,227</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,317</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-controlling</FONT> interest in
subsidiaries</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">22</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>41</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total equity</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">8,317</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">320</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">6,604</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3,325</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(10,208</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>8,358</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Total liabilities and equity</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">11,627</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">4,727</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23,336</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">10,106</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17,482</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>32,314</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>150</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT
 COLOR="#0033a1"><B>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS </B></FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="76%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;Subsidiary<BR>Issuer</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Guarantor<BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-guarantor</FONT><BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>Consolidated</B></FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by (used in) operating activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">133</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">33</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,100</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">279</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,525</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Investing activities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Additions to property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,973</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(2,495</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net purchase of investments subject to significant influence</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(3</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Proceeds on disposal of assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">818</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">57</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>875</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other investing activities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(402</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">595</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">774</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(960</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>6</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by (used in) investing activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(404</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">595</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(384</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(464</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(960</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,617</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Financing activities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in short-term debt, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">399</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>413</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Proceeds from long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">552</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>1,066</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Retirement of long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(225</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(664</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(65</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(166</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(1,103</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net borrowings (repayments) under committed credit facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">146</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(225</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(118</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of common and preferred stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">203</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(620</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">58</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">562</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>203</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(423</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(138</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">157</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(423</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other financing activities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">138</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">87</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(248</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(24</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by (used in) financing activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">99</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(664</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(592</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">980</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>14</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Effect of exchange rate changes on cash, cash equivalents, restricted
cash and assets held for sale</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">147</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(141</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(23</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(20</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net increase (decrease) in cash, cash equivalents, restricted cash and assets held for sale</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(39</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>(98</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; "><B>)&nbsp;</B></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents and restricted cash, beginning of
year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">104</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">190</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>372</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents, restricted cash and assets held for sale,
end of year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">87</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">173</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">-</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>$</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; "><B>274</B></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; "><B>&nbsp;</B></FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>151</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL"><FONT COLOR="#77787b">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></P>
<P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Emera Incorporated </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS </B></FONT><FONT STYLE="font-family:ARIAL; font-size:7pt">(continued)</FONT><FONT
STYLE="font-family:ARIAL; font-size:12pt" COLOR="#0033a1"><B> </B></FONT></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Def.-Arial MT; font-size:9pt" ALIGN="center">


<TR STYLE="visibility:hidden; line-height:0pt; color:white">

<TD WIDTH="77%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD nowrap STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:7pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">millions of Canadian dollars</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;Subsidiary<BR>Issuer</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Guarantor<BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; "><FONT STYLE="white-space:nowrap">Non-guarantor</FONT><BR>Subsidiaries</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Eliminations</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right" STYLE="BORDER-BOTTOM:1.00pt solid #000000"><FONT STYLE="font-family:ARIAL; ">Consolidated</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.00pt solid #000000">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">As at December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by (used in) operating activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">191</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">35</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,266</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">465</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(267</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,690</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Investing activities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Additions to property, plant and equipment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,687</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(466</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,162</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net purchase of investments subject to significant influence</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(49</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other investing activities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(489</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(65</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">572</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by (used in) investing activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(498</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(1,700</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(564</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">572</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(2,190</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Financing activities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in short-term debt, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(162</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(162</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Proceeds from long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,174</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">75</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(194</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">1,055</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Retirement of long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(716</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(41</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(757</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net borrowings (repayments) under committed credit facilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">136</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(103</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">178</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">110</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">321</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Issuance of common and preferred stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">301</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">319</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">127</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(446</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">301</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Dividends paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(382</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(311</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">348</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(382</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other financing activities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">91</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(123</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(32</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net cash provided by (used in) financing activities</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">55</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">475</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">119</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(305</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">344</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Effect of exchange rate changes on cash, cash equivalents and
restricted cash</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">9</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">18</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">25</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net increase (decrease) in cash, cash equivalents and restricted cash</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(256</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">50</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">(131</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL; ">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents and restricted cash, beginning of
year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">276</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">54</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">152</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">503</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Def.-Arial MT; font-size:9pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1.50pt solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Cash, cash equivalents and restricted cash, end of year</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">20</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">58</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">104</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">190</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">&#150;</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000" ALIGN="right"><FONT STYLE="font-family:ARIAL; ">372</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><FONT STYLE="font-family:ARIAL; ">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>152</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>EMERA LEADERSHIP AND BOARD </B></FONT></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As of March&nbsp;31, 2020 </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:12pt" ALIGN="center">


<TR>

<TD WIDTH="50%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:12pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>EMERA LEADERSHIP</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>BOARD OF DIRECTORS</B></FONT></TD></TR>
</TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:22%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Scott Balfour </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Executive Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Rob Bennett </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and Chief </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Executive Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Technologies LLC </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Greg Blunden </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Financial Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Robert Hanf </B><SUP STYLE="font-size:85%; vertical-align:top"></SUP><FONT
STYLE="font-family:ARIAL; font-size:6pt"><SUP STYLE="font-size:85%; vertical-align:top">( 1 )<B> </B></SUP><B> </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Executive Vice President, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Stakeholder Relations </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and Regulatory Affairs, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Chris Heck </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Digital Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Mike Herrin </B><SUP STYLE="font-size:85%; vertical-align:top"></SUP><FONT STYLE="font-family:ARIAL; font-size:6pt"><SUP STYLE="font-size:85%; vertical-align:top">(
2)<B> </B></SUP><B> </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and Chief </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Operating Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Maine </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Karen Hutt </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Executive Vice President, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Business Development </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and Strategy, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Rick Janega </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Operating Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Electric Utilities, Canada, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">US Northeast and Caribbean, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and Chief Executive </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Officer, Emera Newfoundland </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and Labrador
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:23%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Bruce Marchand </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Legal and
Compliance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Dan Muldoon </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Executive Vice President, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Project Development </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and Operations Support, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Wayne O&#146;Connor </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Executive Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Nova Scotia Power </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Michael Roberts </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Human Resources </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Ryan Shell </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">New Mexico Gas Company </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Judy Steele </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Operating Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Energy </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>T.J. Szelistowski </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Peoples Gas </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Nancy Tower </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Executive Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa Electric
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:23%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Jackie Sheppard </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chair, Emera
Inc. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former Executive </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Vice President, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Corporate&nbsp;&amp; Legal Affairs, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Talisman Energy Inc., </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Calgary, Alberta </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Scott Balfour </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">President and </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Executive Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Halifax, Nova Scotia </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>James Bertram </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chair of the Board, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Keyera Corp., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Calgary, Alberta </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Sylvia Chrominska </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former Group Head, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Global Human Resources </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and Communications, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Bank of Nova Scotia, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Toronto, Ontario </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Henry Demone </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former Chairman, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">High Liner Foods, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Lunenburg, Nova Scotia </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Kent Harvey </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former Chief Financial </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PG&amp;E Corporation, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">New York, New York
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:23%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Lynn Loewen, FCPA, FCA </B> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former
President, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Minogue Medical Inc., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Westmount, Quebec </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Donald Pether </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former Chair of the Board </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and Chief Executive Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">ArcelorMittal Dofasco Inc., </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Dundas, Ontario </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>John Ramil </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former President and </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Executive Officer, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">TECO Energy, Inc., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Tampa, Florida </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Andrea Rosen </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former Vice Chair, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">TD Bank Financial Group, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and President, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">TD Canada Trust, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Toronto, Ontario </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Richard Sergel </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former President and </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Chief Executive Officer, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">North American Electric </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Reliability Corporation </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">(NERC), </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Boston, Massachusetts </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Jochen Tilk </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Former Executive Chair, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Nutrien Ltd., </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Toronto, Ontario </P>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:48pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Robert Hanf retired from Emera effective March&nbsp;31, 2020. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:7pt; font-family:ARIAL; " ALIGN="left">Effective until March&nbsp;24, 2020 when the sale of Emera Maine closed. </P></TD></TR></TABLE>
<P STYLE="font-size:10pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><B>EMERA 2019 ANNUAL REPORT</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><FONT COLOR="#0033a1"><B>153</B></FONT></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:21pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SHAREHOLDER INFORMATION </B></FONT></P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:31%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">For general inquiries about our Company, </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">please contact our corporate office: </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><B>Emera Inc. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">P.O. Box 910 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Halifax, Nova Scotia B3J 2W5 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">T: 902.450.0507 or 1.888.450.0507 </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Information regarding Company news and initiatives,
including our 2019 Annual Report, is also available on our website: <B>www.emera.com</B> </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>TRANSFER AGENT </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">AST Trust Company (Canada) </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">P.O. Box 2082, Station C </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Halifax, NS B3J 3B7 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">T: 1.877.982.8762 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">F: 902.420.3242 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">www.astfinancial.com/ca </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>INVESTOR SERVICES </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">T: 902.428.6060 or
1.800.358.1995 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">F: 902.428.6181 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">E: investors@emera.com </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>FINANCIAL ANALYSTS, PORTFOLIO MANAGERS AND INSTITUTIONAL INVESTORS </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Ken McOnie </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Vice President, Investor Relations </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">and Treasurer </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">T: 902.428.6945 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">E: ken.mconie@emera.com </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Scott Hastings </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Senior Director, Capital Markets </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">T: 902.474.4787 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">E: scott.hastings@emera.com </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">This Annual Report contains forward-looking information.
Actual future results may differ materially. Additional financial and operational information is filed electronically with various securities commissions in Canada through the System for Electronic Document Analysis and Retrieval (SEDAR).
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:32%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SHARE LISTINGS </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Toronto Stock Exchange (TSX) </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Common Shares: EMA </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Preferred Shares: EMA.PR.A, EMA.PR.B, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9pt; font-size:9pt; font-family:ARIAL">EMA.PR.C, EMA.PR.E, EMA.PR.F
and </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9pt; font-size:9pt; font-family:ARIAL">EMA.PR.H </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Barbados Stock Exchange (BSE) </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Depositary Receipts: EMABDR </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The Bahamas International Securities </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9pt; font-size:9pt; font-family:ARIAL">Exchange (BISX) </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Depositary Receipts: EMAB </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>SHARES OUTSTANDING </B></FONT></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Common Shares: 242,478,188
(as of December 31, 2019) </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DIVIDENDS PAID IN 2019 </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera Inc. paid Common Share dividends of $0.5875 per Common Share in Q1, Q2 and Q3 and $0.6125 in Q4, for an effective annual Common Share dividend rate of $2.3750 per
Common Share. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DIVIDEND PAYMENTS IN 2020 </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Subject to approval by the Board of Directors, dividends for Emera Inc. are payable on or about the 15th of February, May, August and November. A first quarter Common
Share dividend of $0.6125, a Series A First Preferred Share dividend of $0.1597, a Series B First Preferred Share dividend of $0.2190, a Series C First Preferred Share dividend of $0.29506, a Series E First Preferred Share dividend of $0.28125, a
Series F First Preferred Share dividend of $0.265625 and a Series H First Preferred Share dividend of $0.30625 was declared and paid on February 14, 2020. </P>
<P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:31%;padding-right:0%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DIVIDEND REINVESTMENT AND SHARE PURCHASE PLAN </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Emera&#146;s Dividend Reinvestment and Share Purchase Plan is available to shareholders resident in Canada. The plan provides shareholders with a convenient and
economical means of acquiring additional Common Shares through the reinvestment of dividends up to a five per cent discount. Plan participants may also contribute cash payments of up to $5,000 per quarter. Participants of the plan pay no
commissions, service charges or brokerage fees for shares purchased under the plan. Please contact Investor Services if you have questions or wish to receive an enrollment form. In 2019, the discount was changed from five per cent to two per cent
and was effective with the dividend payment of August 15, 2019. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>DIRECT DEPOSIT SERVICE </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Shareholders may have dividends deposited directly into accounts held at financial institutions that are members of the Canadian Payments Association. To arrange this
service, please contact AST Trust Company (Canada). </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL"><FONT COLOR="#0033a1"><B>QUARTERLY EARNINGS </B></FONT></P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Quarterly earnings are expected to be announced May, August and November 2020. Year-end results for 2019 were released in February 2020.
</P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"><FONT COLOR="#0033a1"><B>154</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>EMERA 2019 ANNUAL REPORT</B></TD></TR></TABLE>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g853797page161.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g853797dsp010.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp010.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M P$  A$#$0 _ /W\H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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MC\:?^A8^'W_A3ZW_ /*&CV'"G_0PS+_PDP__ ,TA]9XW_P"A3D__ (<,7_\
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M/K7#.E4I:5*<J;6EI1<?S2/2IU:557I585%NG&2EIMT;+-9F@4 % !0 4 %
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % %2XL+"\S]KLK2Z
MSC/VBVAGSM^[GS4;IV]*TA6K4OX56=.W\LI1_)HRJ4*-7^+1A4_Q0C+;;=/8
MYN[^'W@.^_X_/!?A2Y;! >;P_I+R*&.YMLIM-Z$GDE6%=]+.\YP^E'-L922Z
M1Q-9+3172G9V\T>77X=X?Q3OB,CP%=J]G/!X>4E?5VDZ;:N][,YZY^"WPLNS
MF3P5H\+ DAK);G3F4D 91M/N(2C# *E<%3RN#S7=3XLXCI*T<VKR2Z5'&JOF
MJD9W7=/=:.Z/-J\#\)5=7D.%IM;.E!T&GW3HR@XM=&FG%ZJSU*P^"_@R $:;
M-XKT<9X&F>-/%$04$890)]4EX9@&.<G('..*T_UKS67\>&#Q-O\ G[@,&]MO
MAHQV6B\O/4A<$Y)35L-4S'!I;>QS7,8^J][$RW>K\_+0!\++JV.;#XG_ !2M
ML'[EUXCM-7B&1ACC5=*GDR<#'[W"\[5&30^(J<]*W#V45+=886=!^7\&M".G
M^&[ZMV$N$ZM%_P"S<59[12^S/&4L3'SUQ6&K3O\ ]OV71*[ ^"OB1;X^P_&'
M4-HY\O5O!OAG4U)(VL2]NME+C 4@"4 $$D-N(H6;9#+^-PO23[T<=BZ3\M).
MM'UO%Z:*U@>1\34O]VXTK-+[.)RW 5X]G?V4<-/M9*HDGJ^:]APT'XP  ?\
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ME3IPA:VJMRQ5K&E6!T!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M6QF+Q%_;XJM7OO[2I.?_ *5)GO4,#@L(DL+@Z&&4=E2I4Z:7HH15C5KF.H*
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@!  H  "A0  !@ #@  = !
M0"5M%HELA: "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
)* "@ H * /_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g853797dsp011.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp011.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M P$  A$#$0 _ /W\H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M7IU^9\OC\'+!U>7_ )=RUB_+MZH]7KKV\K'#MY6"@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M=K\-SHEWK5Y::K/+%-;7$MO 59HI[>>%R54[<+)"RC'(X->=C7."4HJZZ_\
M ]#NPJCJEHUM_P $^C]1E@LK99$F1L1!<A-PN(4PKK\O_+PBY;UX/J*\U)3@
MFKJ47_2^?0[D^5V:LI?I^OD>%^,S'I\\6L6?E2Q3LJWP!W17$4Q/E3L@^[GA
M7(QM;GO6].7M*;A+2<=NZL*/[FHGM%_=Y'UE^R]\39O"?B?2XGG)TW456&YC
M:0@>4S*F2I./,B).?]G:P^[4X:K+"XB,NB=I+R_K4TQU".+P\H1WBKP=NJ_J
MQ^Q4,T<\44T3!XI8TDC=>04=0RL#Z$$5]6FFDUMT/B6G%N+T<=&O30EIB"@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M4=0RD>Q!%?91:DDULU=>A\,TXMQ:LXNS79K0EIB"@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* /E;]JSXA2^$_ P\.Z9<^1K/BYWL%D0XDM=+1<ZA= @C9B/*AO4XKBQE7V=
M/D_FW_PK_@GHY=0YZOM&M*6W^+I]Q^65CK 7^T+MY,V]@T-C9 X)EE(\N!0I
MZN2=QQW8FOE*Z<FK;RU:[(^OHVA'56Y$E\_^ 4;[Q#<6$;6=J0VI7VVT5E))
MB!&ZYD8],(">OH:X'2YY*&T(OFD_RCZ'?2ER1YWHW[L5^I/;7T&G0"&-F:XD
M@<*X)<)O_P!=<G//F.!GG@# %9RI^TDV](4VK+NUT]%L;.HZ<%!?'+5]DO\
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MHWLJT=NTH?\  ,\VHJ6$C4MK0EO_ '7L?H *^BV^1\QM\@H * "@ H * "@
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M;Q+CY8/!.-*E0C&>(Q$TW3H0DVH>ZM9U:G++V=)2CS*$G*<(JY^BYMFN#R3
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MY>11]Y1Y+_%%N]KK<^>=0_X*H_%1O$37&D_#KP#!X36<^7I&H-X@N]>>U#'
MDU^VU>WM8[HJ%^9=)9%RP*/P1]3AO"K+8X51Q>98F>,:5YT52IT4^RI3A4G)
M+57=5.5DTH:I_,8OQ#Q3Q+^HX"E#!Q;2C7<YUII-VDY4Y0A3;5GR*-3D=U[2
MHK->I>/O^"IMA%X?T(_#/X>^?XGOM.%QKP\8W,QT;P[J(>2)M.M8=*DMY_$"
M903"Y%QIZ^5+$"@E:2.#R<'X5XAX[$QQV8QAEU"<51G1A>MB(.,9.3C)N.&Y
M;NF[^V;J1DTO9J$ZGI5O$+!QP%"=#!3GF-3F]I2E+EHT.5RC%^T47*LYV4U"
M,8)0:YJBG>$<?X,_\%/-?U3Q;I6A?&3PCX6L=!UC4(+!O$_A!=6TTZ#]JE2&
M*\U+3=7U74A?6$4KYF>&XMGCBRZI,T>R3T,S\*\-]6G+)<;7>+A!N%'$^SG&
MO-)VIQG3ITG3G4MRP;C./.TI.$&Y0\S!^(F(IU(_VG@Z3PW,N>>'YXRI0ZSY
M)SJ>T4%JXJ49.*?+S3LI?L@K*RJR$,K ,K*05*D94@C@@C'(K\5:<6TURN.C
M3T::Z6Z6/U:,HRC&4&I0DDXM.Z::NFFMTUJF+2&% !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 9VKWL6FZ7?W
M\QVQ65I/<.<$X6*-F/ ^E&WDH[_(<8\THQ75I(_GE^+?B%_$7C2[N8I\F_\
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M(/X5"I;Y/3]#UZUJN$K02OS4VTO.WZ'[8#H/H*^JV\K'Q0M !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0!\6_\ !07_ )-5
M^(/_ %^^#_\ U+M&KZ;@G_DL>'/^PC$_^JW''E\0?\DSQ)_V!0_]3<(?/?\
MP2I_Y)W\5/\ L=-(_P#3&*^[\6OXF0_X,7_Z5ASX#PV_C9[_ (,!_P"E8X_5
M:OQX_4S\[?\ @IGXEO\ 1/V?+#2+*5X8?%?CK1=)U(HVWS;"RLM4UL6[XY*-
M>Z99L1W\G!X)K[;PYPM/$\7X-U$I+ X3&8J"?_/V+H86+_[=ABZC79V>Z1X/
M%N)E@^%,WG!RC/%2PN#4HNSC&M5]M4=U9\LZ6%G1DOM1JR3O%M'YN?LT_MD6
MO[-WA+5/#VE?"+1O$NKZYJDM_K'BBZ\12Z9J%];"**"QTIHDT&Z*Z?:(DK)%
MYY4R7<\FT-*<_KG%7"%3B>MAI5<VGA,+A*3A##J@JD.=RE*=:5ZT$YSBX4V^
M72%."N?D_#G$5/AZ.*<<O6+Q.)G%^V=54Y0I0A%1HQM1F^534ZK?-=RJ-/2,
M;>?>%?BE%KO[5W@OXG^$_#%GX!&L?$[PI>_\(WI5VUU86;:GJ6GZ=KD,$RV=
MKBWU!;B_=XE@15%](B@J!7HX/)'@.&,3D>,QDLTA#!XRBJU2/)+V<H5I4(V<
MY_[LG"--N3TI0;M8Y<XSJ.99S3SG#8-9;6C/#5IPIU.=3Q&'E"4JS:IT]:[@
MI5URMU)RJ3E)NHS]C/\ @H+X>T ?LU_$'7O[#T<:[]L\'K_;7]F60U;:/$^B
MVVW^T?(^T;?LX\K'F?<^7[O%?@_ ]>M#BSAZA"M.-"6(Q/-34I*#_P"$_&S=
MX)\K]Y*6J^))[H_:N(H0GPWQ!*<%*5+!0Y'))N%L;A;<K>L;<TMK;ONSP7_@
MF'X5\,:]\+?B'<:YX;T'6;B#Q]%##/JVCZ?J,T,/_"/:6_E12WEO(T<>]F;:
MI RQ.,FOM_%6O7H8K)/8UIT>;#U[\DY0O:JDK\K5[=+GPOAU"$UG"G%247A;
M*23M=8B]K[7LK^B['VS^T]X9\-W/P&^+=_<^']#GO]+^%_BJ+3+V?2;"6[TZ
M*UT:]>VBL+F2W,EG'"Y+(L3($))4 U^8Y1B<1#.,HY*]2/M\URUU+3DO:.6.
MP\9.=G[SE'23E>ZT>A^F5*5)X+&TG2@Z5'+\PY(.*Y86P->W)&UHVY8VLE;E
MCV1^97_!+GP]H&O^)OB['KNAZ/K26NA>%&MDU?3++45MVDU#65D:!;R"00LP
M1 Q7&=HST%?LWBE5JT,HRN5&I.C)XRHFX2<';V-[-Q:T\C\@\/XQEG&*C**E
M%8.;LTFKJO02=GI=)M7\V?H/^VEJ[^ _V5OB7_PC<$.DQRZ7IOARWATZ&*R@
MM+'Q!K>GZ3?QV\-NJ)"CV5Y=)A%7_7$CFOR7AFC_ &CQ7P_1Q4G6C4QD:DW-
MN3E]4P];%4TV[MI3PU-6>G*N7;0_5L?6679)G>*H1]E+"X'$NG[/W'"KB;8:
M-6+C;EE3J8GVW,K2YHW3YM3\5OV7_P!IVR_9IN/$NIVWPQTKQGXA\0+9VL.N
MW^N2:5=Z/I=J)6FTZP":/>%([JXD26=EDC\S[+ K*1$IK]^XIX<J\2X?"X3^
MTYX##8><ZDX0I>T5:;4(TW4_>T]**C/V::=G4F]+GX9P]G-+(<57QDL"L;6J
M4X4Z3E45/V"3DZK@_93;=:]-2=U94DH_%*_%?&SXWP_%CXJ6WQ6T#P78?#;6
MT&E75U!HVI-?I>:_I-TUQ!X@:;^S[+RK]E6S1R(R6:S61F+NU;\*</RX<P3R
MRKCY9IA95W.G"I3]G&E2J1A&IAXKVE2]*4E4G:Z2=6:2L:<3YY3XCJT,2L L
M!B:=!T:M6%7GG62E)TJDFJ=-JK2A+V49MRE[.%*-TJ<4?K!_P4FO9-1_9I\!
MZC*H26_\<>%[V15R%22Z\+:_.ZC/. SD<^E?CW 5&.%X]K8:#O##X3,Z<6][
M4\3A(K\$?J.=UYXGP_Q>)J?Q*]'*JLNGO3K4I2]-6QO_  3E^$WP[OO@/<>+
MM8\(>'==U_Q)XHUZSO\ 4-<T?3]5G33=+-M9VNF6[7\$H@L@5FF>- HD>X8O
MNVIM]/Q0S/&T\WP6 I8BI0PM'"0J\E.<H*56I5K*527*U>2A&$(WTBHMQ2<I
M-^!X=8.@\'F..G",\0L7[&$I13=.E3P^&J*,>UZE2<I/=^ZGI"-OT;\,^%_#
MW@S1+/PWX4T;3_#^@:<;G[!I&EVZ6EA9BZNI[VX2VMHP$AC:ZN9Y-B *OF$*
M H 'YCBL9BL;6>)QF(J8K$2C3@ZE63G4E&E3C2I\TY-RDXTX1CS2;D[7;;NS
M]#PV%PV"INCA,/3PM'GJ5/9TH1IP4ZLY5*C48I1CS3E*5DDE>R222-ZN8WV\
MK'X4?\%0]&TC2/B=\._[)TK3=+^V^#=0N[W^S[&ULOM=T^OW6^YNOLT2>?<-
MDYDDW,>YK]F\):M6=+/Z<ZDI4Z%3!QIQE)N-./L:BY81;M%625HI+1=C\\\2
MX06!X?J\J52KB,UYYV7-.T,L:YI;RLY2>K>LI/JS]:OV>_#V@:5\'OA9?Z7H
M>CZ;?W_PS\#M?WMAIEE9W=ZS^'--F<W=S;P))<EIB7)D9LL2QYYKX#C"M6EQ
M-Q%1E5G*C3S3&\M-RDX1Y<15C'EBWRQY8MI62LFTM#VN#(0?"W#E9P3K2RW"
MWG9<[YJ5-RO+XGS.*;UU:3>R/Q#_ &SM*M]<_;5\0Z)=%UM=8UWX=:7<M&=L
MBV^H:'X;M)BA[.(YFP?7%?KOAA+DX0P\^524,5F,N5[/EQM=V=M;.UG8^+\4
MG*.:X5PER3CE&'Y79/E:EB+.ST=GK9Z'[LV/P3^$6F6_ANVL/AMX+M%\(7>G
MW_AJ>W\/:9!>Z/?:6R/9WMI?Q6ZW*W2N@9Y3*6E)8RERS9_$)YYG%3$8G%2S
M+$>VQ<:M.LU5FHU*=>$J=2E*":@Z;A)Q4.7E@E'D47&+7Z93RC+:>$H8'ZE2
MEAL-*C.G&=.,G&I0DITJO-)-^UC./-[2_,VY)MJ<D_PR_;AOKWQ[^V)J'A34
M+J:&QL+OP+X*T['S?8K#4;32[NXEA0G&XWNMWDWN6 / %?M?A;AZ.&X66,Y%
M*>,QF-K5E>SE]7K3PL(W6J7LL-!*VS;ENV?F?BABJO\ :>%PE-N,<ORVDX*5
MW3=7$>TQ<JG*FM6JM.E-JSDJ$4W[JM^QGQ(_9Z^$^H_ [Q!\-[?P=X=TS1=+
M\)ZBN@SP:9917>BZEI^FRRV.M07WE"8:BMS"DTURTADGW2B9G$K[OQ>?$F;T
MLT_M[ZY5EC:555I)3DHSA&:E/#."?+["<$Z2I)<L8M<J3C%K]3RO(\M6&PV0
MRPT9X#$*&&J1E%.4E.U-U^9I_P"T1D_;0JZRC62FMC\L?^"6_B/4K+XS^,O"
M\4K?V3KOP_N=3O+?>P0W^@:UI$>GW.SH72#6-1CSP<7!Y[']M\3L-2J\,4\3
M)?O<'CZ'LY=HUZ5>-6*[*;ITI.V[I1^7XUP+5J4>(J4(2M#%8>O2J1Z/DY:U
M.3Z\U-TY1CT2JS[GF_[9>F6VM?ML:]HUZ&-GJVO_  YTR[5&*.;:_P!$\-6L
MX1QRC&*5\$=#S2\,)>SX0P\[)^SQ68R2>SY<;7=FNJ=K/R/2\4G)9KA>67))
M910M)6O%\V(LTFFKIZZIKNC]9/VM?A9X"D_9>^(VG6OA30+"#P=X1DU?PT+'
M2[.T;1;GP\L5Q:'3Y+>!6M\PPO P0@/'-(C<.:_'LBS;,(\49/C7BZLJ^*S'
M#4JTI3D_:PQ=>%"K&:;M*+C5YDGI&<832O"-OTK$Y?@J>09K@(X:"PE#*\=*
M%/E5HSPN#K5Z$T]U.G6I0FI7YFTU)M2DG\ _\$M?!WAK7?&7Q2\0ZSH]AJFI
M^&]$\-6NBS7]K#=C3EUR[UG^T9K5)T98;F2/2[:+SE <1M*@8+*X;]9\4L5B
M,+DF6T:%65*&,Q=555%V<HT*4)0BVK/DYJKE*-^5RC!M-Q5ORS@'#4:^=5JM
M6"G+"X6<J:>JC.56E'GMMS*-XQENE*5K7.-_X*:>"] \+_&?POJ^A:78Z2_B
MKP5%>ZM'I\$=K'=:GI^K7]D;^6"&-$^T/9_9(VD&6?[."W(R>+PFQV(JX'.,
M'5K3G# XJE.BI2;]E&O13E"#;O&/M*<ZG*M%*<FM9.WN^)6$P\*60X^%-1Q6
M(^NX:K):>TIX7ZI4HN27Q3C];J0YW[SIQI4_AIQ2_:[X0:E<:O\ "?X8ZM=L
MSW6I?#[P=?7+NV]WN+KP]IT\SL^!N9I'8DX&2:_+>)Z,,-Q)Q!0II1IT,QQL
M(I*R48XFHDDNB25D?4<)5IXCA?AVM4;E4EEV#<F]VU0IIR>VK:N_-GHM>$?0
MA0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % 'GWQ7NELOAMXUNF?RA!X>U%R^<;?W##@^O.*SJNU.?2RT-\,KU
MZ*[27X'\W=UJ@N_$;73QL8K3[1*=QR"R[MKMT^<L?TKSIQY*3[RT7Y:'O*5Z
MJ6RB[M?B>9F\\Z(HP9FGO99-H?&/,G((X'3ITK"I"TETY8V7R.C#O1_WI?J?
M3OPR^"UQXS%I+J-RNGZ28MQ=9-BR*C8>0NQ &XG&!Z'I7SV)QDJ3E&"]Y=7^
M"2\CZ;"X.FX1G4O)/:*\CZ\TGX#^$=-TO;X;U.U>^B^7S6D62-Y$Z#<5*X!&
M>#]:\ZK4J3Y7.5[>IZ%'V=)M1IN*_JUSDI9=8\(:O%:^)= >[L&8I'JEA%YL
M,<9;#-E00';^(^G%<_)"HN92Y>7H]#LI5I4I)*/,I;26MO\ (^B/#VGZ7>PV
MUS901B$A)4"KMX(!4$#H<=<USI6EOML>ASWCVN=3?ZG:Z:LGGLL2J,\D*!C@
M#]*JS>G<SMR).VQX+XM^('@G3IG^U7$9N6;>8HU#RDGN<=Z[*.'NK:^B1RUL
M7[-6T79''VGQ7T><"WT^PO)BSC#+&%4[>F?KP*[(T527P_B<"Q+F_P"7Y6-Y
MO&=VV3)I<BPE<#!!(!')(R.@K:"OJH*/*8U6E]K5'@OQ'TVP\0R1SM"\&UR^
MUEPCX&5&[IG-=U*GRVDERM'#6E[KCO$^)/'?@V33S=7D$1$6]F7Y< (3D@^W
M2O:P]9M*+?:WR/G,71M?E6R9Y#+)%#:16H&'^R2%L<'<2,<>QY_"N^$6Y.71
M,\FHU"*AL[7/2O!U['<^'=;L<HL\MC%>VT;,5.^!3YP11R=R;ACMG/:N6I!P
MKTG:RORO]#HIU.:A4CMRI27RT9@VE]Y.KV4T;'S%0JK$YQ@G:>/JWYBNJ</W
M4H^9S1G^\CZ?H?=WP8U1I]<\)71*D)KVARAC\N$>[2WDY_O,9,?4^]>(X<E:
M2V2_1W/<ISO1CWLTON/Z%8CNBC;^]&A_-0:^A6R/D'HWY$E,04 % !0 4 %
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M53V^"_\ DDN&_P#L783_ -,P/P^_:T_Y/NN_^QO^%G_IM\+5^P>&?_)&4O\
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M(G\(?^R9>!?_ %&-,K\_XO\ ^2KXE_[&F/\ _4JJ>WP7_P DEPW_ -B["?\
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MCMP^%PV#I^QPF'I86DFY<E*G&G#F>[Y8**N^KM=]3BO&7P6^$?Q"O$U'QO\
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M)):)%NLS4* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M2NM&M.:,EO&479.Z7I%>0>J% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M4QRGC>CF>:4<MCEU6DL3.I&E452,[1ITJE7FK1Y8>S3C3:]V52TY1A>7Q/\
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M>.O$GA'2M8\7^%?AGXF_X1[7KM9VO=)^P6&H:A:?9"DRHIBO99)1E&^9N<@
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M-1Q]HHSG!R<>51]RKP3UPH * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H /Z?TH#;Y'Y5?M
MK>'I_#'Q-\,?$335"3)%I^HR,@^<R:3=+$Z\#J\1(^E>=7:I5ET]HK+U/H,M
MO5PSC_SX?X;I'KFO>+YKW0;;7-/_ ./6]TZWO0R<8::!9&0 <G#$C\*^.QB@
MJ\WS6YGJNS/T#+*THT81<>;E2L^MCY=\/:#J_P 4/%,-UJD[0Z1!>@"!B2TP
M@D^8-V"Y '2L:CIT86CK.2T/1GB9RO#X8QW1]^:3H=A;:<NFB!/LZPB 1D
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M^FNGX?TK8X=OD% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 >0?M :3?ZY\#?BYH^EV[W>HZA\.O%UM96L2EI;BX?1+P
M1PQ(H)>5V 55 ))( Y-=.!JT\-F.58FK+DHX7,,OK5)/:%*CC*%2I-]E"$92
M;Z),TITI8A5\+3LJN+P^*PU.[LO:XC#5:%)-]$ZE2*;Z+7H?A'^Q7^TUX2_9
MK\1>.+[QEH7B/6--\5:+IEG;GPS%IEQ?6M_I-Y<SQ+-;:KJ=A$;2:.\F#2+.
M7C:),1.')3^C>->'<5Q)EN%PN!K4:-?"XCVJ]LYQIRA*G*$ES4X5)*2?*X^X
MTTY7:LK_ (#POG%#(LSJ8G%TJDZ%3#SHR5)1=2$G4I3BU"<H1:M3DI)SBTVK
M7U/VA\8^-&^(O[)7C/QY_9DFCQ^+O@SXK\06FF2S">>ST_4_#FHW6FQW$RJJ
MO<FPDMFDV#:'=@N5 )_!<7ELLFXEPF5SJQKU<#FF6TJLXIJ/MHXO"^V44]>6
M-7GA%M)N,4VHMM+]SX>S"&:4,/CZ5.5&E76)=.,[<_LX.M3IRFHMQC*<(QG*
M,924')Q4YJ//+\X?^"4__(^?%C_L4="_]/,U?KOBI_R(LO\ ^P^/_J/7/Q_P
M^_Y*"M_V+\1_ZDX([+_@J_\ ZGX*?]=/'/\ Z#X8KYGPE_Y&O$'_ &"8#_T]
MC3[;Q#_Y)G!_]C2/_J)5/H+PK\-;OXM_\$]?#?@/341]7U7X8V=QHB.559-:
MT?46UC2X-[$"/SKNQB@WD@*)R3P*\OB7,/[(\19YK9RCE^,PU2HHJ\G1EA*=
M'$<J6LI+#U:KC%:RDE'J7P9AX8W@V.7U)0A#,:&9X92J?PX5*F*Q:H59VUY:
M.(5*LVM5[.Z3:L?EM^S1\7_A5\$]8\7>&/C[\$-'\>6-S=Q*LVI^"O"VO^+?
M">LZ8TMG>Z<+/Q='#BQFR/-@%W;M#+:;@DAE8)^L<1Y;C^(,!@,5P[G<\#4B
MG.$Z.)K4\/BJ%6,)1<IX=MMPY;TY<LTXU)IVLC\URG$4.'LRQV%SW*5B4DJ5
M2C5HT:E7#U:4I:TU57+:HIM3M-1FHTI1E9>]]N?#C]I/]B?XA_$[3O D?[,W
M@CPYI.O-9Z;X>\1ZU\+/A]+/=>(KJY:"+3;_ $?1M+OC86LY>W2"Z2ZN/WCD
M3I#'^\'Q&*X6XZP665\<^)L16Q6%YJDJ%+'XRWL(0YY356I*DO:0M)RI\JBX
M1O&I*5H/ZV'$/!M3&4,-#(Z,:%1N$J]3!89*-1R4:2C3@JDY4YWUDU&:;BO9
M[M?K;##%;Q10011P001I###$BQQ0Q1J$CBBC0!8XU10JJH    &!7Y#.<YSE
M.<G*<FY2E)MR<F[MMO5MO5MZMZGZ3"$*4(4J4(TZ=.*C"$4HQC&*M&,8JRC&
M*222222LB2I*/Y^_VY_@QXK^"GQP?XP^%(KRS\->+/$%MXMT77[&/*>'O&\4
MZ:A>V,\@0I;W#:E VHVWF#;(DTB*&-O(!^[>&F?8;&Y0N',5*+Q>74ZE*%*>
MV)R^5XQ25US*C3G]5K06JA&G.5E51^7>(>2U_K<>(L-&4L/B8T88IP^+#8NE
M&-*%1\L4XPQ$:=.K&LVV\4ZT6XOV7/\ 2?A#_@JCX;C\+6<?CKX;>()O&5M:
M+%>2^&KS2_\ A']3NXHPINT.HW$5SI,<[C<T BO?*W$+)( *\;,O"O$O%U)9
M3CZ,<%*3<(8GVGM*2;^#FIPFJG+LI/V;EI=)ZF^6^(.'CAJ5/-<-6EB8)1G4
MP\:;C4MIS\DZE/DD^L4W&]VN56BN-_9Y_;"_:5^,O[1@T_0M-TW4?!/B._@F
MUGPC=P2RZ-X%\*V2QP7&K6NO00I<VM_' H):;=#>W<ZQBW1IT,/H9IP1PUDG
M"]2>/Q%18S"1G*.-C:-6OB9W=/#QH.3A*G*24(4TW.E2C*JZCY:LY<E'C'.<
MTS^A#+,+&&%JJ%*.$E[\8TH2;J8BM5C&,E47/*<ZJ2BE[.BH2Y:<7] ?\%0?
M^2!^&_\ LIFC?^F'Q+7QGAI_R6%+_L78[_T[@C[?B[_DD,[_ ,6!_P#4J!V'
M_!-[_DV+1_\ L;O%W_I=%7=XH_\ )1T/^P"A_P"G<0?.^'/_ "*,P_[&%3_U
M$P9^;G[6G_)]UW_V-_PL_P#3;X6K[KPS_P"2,I?]A&9_^I>(/"\4O^1KA?\
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M_0;7\Z'[(% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?%G[:_AB75/A]8ZY;Q%W
MT>_\BY"H6)MKU=J[@!]Q9 6.>*X<;3<HPDM'!GM9)54:U2D]IK3U1YW\._#.
ML6OPN\,#6(PT=U8,+-OO VJ,1$'R!APC=N,8Q7R&<86=&<9W]VJKIZ[K<^XR
MK&4YNI2C\5"7*U^1R]GX+U[=K.F>%]430M319+O3[Q[;[2BO("R*8MR@@S
MG/0UY6'G%U(1JQYHQMIM^)[TXQ:4_A3T?KWMY=C(^%TGQF\1GQ!I/B7Q1;V'
MBS0IB(+>*%X+;4[3D)=Q1L[%4#C:Q (!('%?1K"X>I&^&@X\L;N+E:2:Z;._
MJ98W.)Y'.AA\?E6&Q>&K).-51DKQ?FG\2[)GHE\?CII-KJ1EM=+UZUTM5D?>
MRJUTK1^81:@I$S,H!W=>E2\%*49^ZW"EOL_NV84^(>%*WL%/!3PE7$72]E)V
MBT[>\IN25^A\]^,/%/Q@\JUGO_!4%K;ZE/''9H82SLTHW1)M\PL-PY&1S1#+
MX)1DYRBI6Y=/N-:F:\-<U2E2=64J";F^>.RT?1+1GG]SXE\?VMA=W]SX3@@M
MK2Z2SG<EH<W#%4V+&W+$;ESC.*Z8X"G"_OR?*[/39]CQJ^:9*W&-*I4C*<7*
M*:B[)>::2V/#]?\ CG>6>N0^&TT"[O=3N7:,0Z:R7"PC<$+3$LNP D]OX377
M_9L84W-S45%?:T?W'D+,:5>HJ>&IU:G=\JLO.]]$>J>"M.N-9N;JZN8C;M;V
M?[^,\;97D!C#8R-X7/<]Z^=Q=54ZD(0>TM'Y'N86FW"3FK)=#II0+2>&)#RT
MT:X]0K9;OTQ77!^ZKZ,Y9V4FK6L=P-):[T&]E*_(_DV\*G $DTK$@$$\JJY)
MQZ5Z&&A>G.H]%&R7J_\ )'FXFHX2A26\KM^22_S.0TGP+H5OX@L/#UIHI\5>
M.]=GA@LM(202+#"[*WVN_CA\PV>FPJ2[L^TL!\N2:]&GAZE91U=.C'MNV>+5
MQ4*$Y?:FMV]HK^MC]9OA5\+;/P!H]NMW*-0UZ6-&O+K:J6MB2N?L&DP*H6WL
MX<E V-[XRQYP.ZG1ITDN6*BUUZ_>>'B,54K-IR:IK97_ #/7>GX?TK4Y=OD%
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M)\#>$=+_ +(\+:':2V.EZ7]MU&_^RVLTTUQ)%]MU.[N;N;,UQ,VZ:>1AOP"
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M3^E4</X6"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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ML> ,8%?3\R<867*U%7];'PE:?/-].5M+TN>HTC$* "@ H * "@ H * "@ H
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 130I/&\4BAD=2C*>A!&#2:3BXM:-68XR<)1E%\LHM-/L
MUL?.GC&VF\*73-/$6L)BS6UT!^[&,GRG)X611V/4<BOD,=EM3#3<J<>:BW=.
MVWEY6/T?)\VH8VC&G4?)7II*46]_[R/&]:\;:8Z,K>2P''(4XR/I7G.$]N7E
MMT/HZ?LX6M/\?^">&>)_$/AUY&9K6%R0>2B!1@<8XITZ$_-6-YUZ2C:]^7O8
M\JN]9T=I2(D0!>0J;55<=!@5VQHRC'>QY%:M!WV7*<IJ_B-#&UM:C:/XF!Y
M' )(_052HH\^=?HMS$TV1I6$C#8BMDYY=W]6/J!^57RI:=C'F?<[NUO'(09V
MJN J@X&!TJME;:Q)UGAR^:/5K5N@66,X!Q@!@1^-$9*+72S0G&\6C]5?AYXM
MM->TY;$2!;[2X+6.:-F!9X6A0Q3 #^''RGW'O7TM"K&I&RT<4KKY'Q>.PLL/
M4YOL5&VGYWV_R/1OT_3I6YP[>04 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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MJ5D6% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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MCL)QZC:#_GZUTPF[>A')9VV.)AL"T^$7A3@*!Z53J<J-H4G9'1P6;0  C!Z
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M;W6NG_#:?<S8!':H_0O;RL+0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M#;V4>_\ ^J)-Z"<>7Y;'>1:0457DC!8#(!&<?[1/].*$]O(QE:_8E33/M#;
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MB:5;X9*_9--?)K0ZH$=NW]*Y/T.C86@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ Z4 5KJ\MK*%I[F>.")!
MEGE8*H [<]3[#FJA"4VHPBY-[)$RE&"O)\J1P>I_$33;,,MG;WEZV52-XH0(
MG:108\%RIVG.,D+S77# SYK3G"GRWNI32M;?RT[+4YIXN*7N0G+:SC%O5[:;
MH^"/VI?B/XFU>2VT"SM6:VMK&^UMHYC/%:&"P4F25HXF1[LQ-N ?]W%N&T.Y
MXKLC3HTZ2Y7RNZYG%ZM=-DW%/LY/T1E&I-U&W'FOI%25DGY)[V[V^9^12OKW
MQ+\3V<%C;33^?>QZ;HMHBG+W$\H2:_DC48 4,S< !0OKS7)BL3#!X:I5E+EC
M%/EOOY+N>E@L)/%XJG2A"[;7-;9);NVB2]#]T/ _A >'/"/A[P[& S:5I=G:
MNR_=:2*)?-QCUDWGCUK\HJ.56M4J/[<G+[W<_6J,8X>C"E'W5&*5DMK*QVE_
M:K!:<+@QE690.FTC(Z>E9R32[6!._35;>AYYKVDZA*[>1&S(P#(5;!&X9 PP
M_2L'==+G6I1Y%T<=UJ8VE>%;B"5KJ\63<O*(0S<^K*!T_2HYG>UK6Z"LG&^B
M_KS.&\>WL&E1A[JZM[2!KBUM/,N#Y<8FO)?)@CPH;8S-P-V.?2N[#8#%XG^#
M2<ER\R5XK1:/=K;L]3FKYE@,&E&O6Y'?E;LW:5KI:)[G1^%_#5C;[8GGA%ZZ
M&9=SJ=ZJJL_EN3AMJNI.TG (JJN Q5*C3K5(<M.3LO>3=_-+X=CCCF6%KUZE
M"C4YI4E=JS2MIL^OW$'B;7-/TP?8[:Z@OKYVFA@L+%UN+EI8%4SAHHF+#RE9
M6?=@X/ ).*[\%DN+Q,54Y?8T=/?GI==>2.\K=7:R=E<\_&9[@,')T^?VU:*=
MX0L^7MSN]H^2O>W0\JUGQYJUMHFL:?IEU!IOB#1Y39ZG#<V?FW,KWD"S6DNB
MAKF&*>&.%B[2O,A#J$?R@RR5]I@>&\'A_9XM-RG"S2J/FBG?ENXJ*2:>RO+O
MKL?#8_B;&XEU,+90I3NE[.RDU:]K\SO%I6NN7LSSCPWXI\ ZW]A>TO=*T+Q?
M9B1Y[N*6_M=7OIRK%=0L]4U,26RS99EGM;LB1UWQ&7RRK2?03HU:<&K*2O[R
MERN,D]'RS5E?O&:=NE]CYN-2,YZ\T>UKIQ<=4I0>R[2IRUZKJ^#\6_M ^(]'
MO!X+'@N>XDMM0OTO_$=S$NG6+::4=+4Z?I4<@DA2Z<><T44\<?R )"& -$,(
MK_NHMI)73FE[.2U3TDWHMKJ_78J6(?+[[2;;M:+?/#:WO0W[^1ZSX=^)UQH?
MA^TU[6O#(GN8O#SW<GB;38-(CNKRZ-J9(='TNZO[J/5-78HJ-<0WD-YQ+DR'
M 8'U*K5KIQNHTXN<[WZ-VNU%^]*WNW_(7UJG1HN$MY24(I*^Z5VHMZ15[-JW
MWGIGPB^*/AFYM-1UW4_#GB'3;^_LH;^7[7X;U::,.RB9K2&YM'CM/$EQLGMQ
M;2:=#!J,*%HR)1DGBK8*O.4FZ6D5S-N-K1>TG[J45ZOEZW.RGB:5.,8JI97Y
M5[VG,M++WFVUY6:/9-3^,7A&WW0P6>OWMQ+ICW;I#X8U^6$!59DM;A[FSM5O
M+\HJXC8VU]$",LY=-V6'RRO5KQO1:C%<UGH^7HTI::]'JI;)CK8^G2HR:K*\
MGRI[J_6[BV]%OUCNS \+_%+PUJ,T_B&^\.^) ;2S;_A'--G\/W4NI22QXBOW
MLKJXGABU:^B1Q'Y]M-Y\4<UP+AWV9KJQ&!KN3A&%H4[)N\DN^J:NMO@N]O=L
MC&ABJ4(*7/K/56:=NGQ*23?]ZT7KK<UO$/QK\+[[;2(-(\1V#W]I%+#>2Z9=
M7<,7F!1<H9-(M]8:26(,V;LV(C1X]LI9&)%1RO$4:;KU()WTBE+_ ,FYK\OE
MRO77I83QU*K45&$^7EUDW'73[-M)6ZW6CM9W1L:/J/@+6;F/P_X9\16,%UIL
M<4US;V4[:3K*-.T,TM]=6NF+:F.XGGD3?!%"N'?SDQ$I0;1^LX&$G6YVY*SA
M4]Y7M=+6[C96?-=)Q]W26KS<J.+DE1Y8QB])P]U;ZNZLI;6MJT]=4>U:-XWU
M+P\!%J=T-=L/,4?:+4*LEG:[0&D:9W,<[+C?M60%@S%%V(&;)T*6-M*E3^K5
M9?!%VY9RVLFO--)M);*[=S>-:>%O&<_;PA\32UBN[7EU2;MVL>TZ9K&F:O;B
MYTR^MKR$;0S6\J2&)F17$<JJ28I-K E& (STKS*M&I0FZ=6#IRCT:MMIIW^1
MWTZM.K%2I24HOJOZT-.L]OD6% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M]TXQ/H<+C\#C8*>"QM#%P>JE0K4ZL;>3IRDC5KF.L* "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M !0 4 % !0 4 % !0 4 % !0 4 % !0!#<.L-O-(Q"K%%([,3M"JBEB23T
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MZBU?Q_X,O-9L]'O;6RT34=&LKA;B?4F\QK_Q-)9ZOKL=C:Z)%"TMLGV>[N9
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M ,>FHV=Q]TA3_J9FZ,RCZD#O7F5,'C*'\7"UJ-OYZ4X>:^**['M4L=@J_P#
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MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M3Z_\/92\#1Z+J,&G?%'0K3PUID2.&MHH?#FE>&$OO[=\I%B_M&43,\;!FN%
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MAEO"_AS4]4EGTJ]O+[4-3LO%-AI7PXG\4:==,4&D7=IX/^PZA-H<LBJ"D_F
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 5Y[2TN@1<VMO<
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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MAPS_ /!(_P"'[SPW'_"5WB20*BJ(KF^@#;"3N?R54[SGEE*G@<\5+S'A1_\
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M73OFE6WX89/[FO5!_9'&&W^N-!>:R6E?Y7QK5^UTUW3%_P"$+^)G_19M1_\
M"&\&_P#R'1_:V0?]$I2_\.&._P#E@?V'Q/\ ]%OB/_#9E?\ \H#_ (0OXF?]
M%FU'_P (;P;_ /(=']K9!_T2E+_PX8[_ .6!_8?$_P#T6^(_\-F5_P#R@5?
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7767]KXB%WU?+3Y*<?\,(1BMHQ2LC_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g853797dsp013.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp013.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M P$  A$#$0 _ /W\H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M]W5&$J<H.UM%U/3%92 5(8=0000?3D5>WE8C;RL+0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 =/;'X8H_0-O(X7QU\1/#'P[THZIXDO1;QL=EO;QC?
M=74AX$<$61N/XU,IQIJ\GRI=.OR*C!RVZ'Q]\3_VCK_Q%X?NK#PCI5Q%'=+(
MK8ES=RPH>A>/'E!EYVC!Q7)+$\T;13BO/^M"U#EDE>Z1\DZ5XA\0>(X[M+Z"
M?26@4K=&2.XCC\L'AA(JEC+CC(['-<CD[Z-*WJ;N*C:WO&O;:OH.EVT<,*V^
MKWJ[D:\NTD?R0CAECC##>VP9PQZGBLY/E[2;\]"X0;>ONI="_'X@NK@%[I["
MVC:$%8&CAMY3&Y^7ET;#$ <-Z]*E2>W+_7JR^7EM962_KH<-,\>HWC_9_LKI
M#O4Q QQ2+@Y;,D13#'L=IQ4V:Z<MNBT+TBEJT4=1\-W,-JTNE:=:-.Q+R,;D
M,2&Y1"Z+NE?)]\XYI\WLTERV?1F:5W=/1=#F-"N/%&CZE%<FT^PO!L5WBN)[
M63#N=WS%N/D))P.E/G:VD_D[%*UUI:Q]E> _CUXH\+V68)7U72H,O-97_FW,
MR D9:WG+!T@"C(&<X(K2GC*E*T9>_!?>O(<J%.I_=DOD?;/PO^+/AWXG:8;K
M3&-IJ, _TW29G1KBWQP)%VGYX6R,-QZ'I7J4:T*T;PTMNNJ.&K1G1W^'HT>K
M5MMY6,0H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * *.I:A::387>I7
MTR6]G8V\MS<32,%6.*)"[$D^PX'K@4FU%=DAI;)'XR_M(?$B;XEZKJ&I:A>+
M9^';3S[30[%.)FA4E5N)#R<OP2% )!KRJTW5G=*T([=COI0]G%1ZO<\9^&.E
M137MI=:?+(\(58[A8<&(/!Q'#)$R\LSG(;&1U/2N>I4Y%O9([*&'YFO=N^B/
MJ^^\.ZC?:4DQ4*\$>(HP$"Y8?.9-Q!WD#&[G..:X:E56T=DNA[&&P<E)7C\^
MW_#'C&I>"-4NGE/V2=9'.0\48<"-,DD,HQG=Z<U@L1&*TT?8[)X1MQC)+ECY
M6,6#X222V[2F,2AWVM+M*R[E;.)(\9R#GFLI8GE]3:&!O:RT74HW/PJ\D-%)
M$T<<K*6+(5 (/R.I].@]LTHXAW2>B1K4RY*#<6I./1'':GX-U_3KQSME&$6.
MU2,YCC1>-JJ. ",=!U)KJCBF]G:W0\R> Y?LF/)H^NJLBW,TB!BJ9#%4MP3D
MK@8W-@8/7K6RQ%XZ631RK")2^'1=#H?#6OZ]X+N$DAN[J2W,RNBR-)+:F51C
MJ3\J@==O3%*->UE)WL*I@TT^6-N7IU.-_:5^)V@>-XM*:33K"UU^R>.TNIHQ
M)',)=L>Z1'C 2>TE0L-QR05 ZUZ%!QDG;Y'CUJ4J4E]E&;\ O%>I^"]<MKF"
MXWZ>)X,2P.TD=NY8(4D4G=&NTD97CN12J1\M4*$K66Q^W_P2UN[FO+C_ $H/
MI&MQ)>V]FP"O:7K+OE>(CAH9,-T[C/>M,OJ.-25)OW9:I>@L933I1FM)1T;\
MCZ;Z?A_2O7_ \S;Y!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H ^#OVJ['=X
MN\,:D[-Y%GH5W'(F<(K27A*R,#QA0I.3T.*\W&?Q(]$E^IVX7X&EW7Y'R7X
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M^A]85] >*% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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ME3#3P].-1N4HRBXRFX))I)WTN]+>9];U\8?4A0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 ?!7[5WA.:[\4>&M>"[K?[*8),Y"IY,G(QC!9@> 37F8V#4T^
MEK?<=V%DDN7LS*^&\TMW'-*R;1&GDIDX_P!6-HVJ.% 4#BOG<1.\I+LM$?78
M&FX4HOX5?4]761F^10#M !/. PX/'=JX.=WT7P_<>W&*BD[VMLB*6&Y*L_\
M"2!A@0P X  YH:JM7T7J:PJ4KI;-+H<[=V;[VRH4,><9)YX&*S]C)OWERKL=
M$:T>5<KVT\B)E6*-8@0IXR ,$]!S6ME!**5K=#!*4I<VZU-*&UWQ#'S;?7J,
M]!]:T4;K;5$.7++71G/ZMIZ(#\H+#L,8..GXUA.FEY-'32J6BE>WGZ'FU]ID
M:2N79E<G+;)D!P.0H&.V:P2:>^J'*L[=&EW7XG&7V])N&+*C!=L@]1\N7'?C
M%5>QQ3DKMM6:VMT.<\23M>Z>UM@J\<7EJAZJVW_#!%=#DU&/1(\^4%S2ML]3
MY<CB?0_$+3W,8>-3N>+Y5,L>\!HF8C[ASR.W7M7HX>I>-E]QX^*H\LK[6ZGT
M?\/]3BOO%.H?*\-H(%\J/<9,%X,">'=QG;$HS[<<FK<6[):'*I<FO16/T!^
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M=17WO&?".+XFKY=4PV*I858.G4IR513;DYS4DUR)V22MJ?G_  KQ#A<@6/\
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M2P<<TS:69+&SQ-:$7.K*-.:=)5)6J.RE4O!2<4KJG%-M**7Z1PMFV6YDJU#
M8#ZH\KH8:FYRC3C*4:OM$HIP;;C%X>[YI.[E>U[M^2>*?^"D?P[\%_$3Q+X"
MU_P%XJAC\*^(]:\/:AKEG>Z;=Q.^BW-U:-<VNGXCD?SY;=0D;R(%,PWNJJ6'
M1EGA[F>:9-@LWPN+H?[=AJ>(I4)<ZE>I!2C3E-KDC9NTI:V2;49.T7MFW%F
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M3WK\WQ^-Q&8XW%YABI*6)QM:I7JM*RYZDG.5E]F-W:*Z*RZ'W>!P6'R[!X;
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MVBDOD/#G%588K-,"Y7P\Z=+$PCK[E6,G2JO>W[R#H*R2M[)MW<CX>F\$:/\
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M;VN5M?RNWW'[73GSTX32LI1C)+U28ZD6% !0 4 % !0 4 % !0 4 % !0 4
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M/EC3G)K_ +=9]]Q!EN$POAW5Q<:2CB:F.ITN9ZRM%QNEI=7O=GZ[5]V?AX4
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M^:_!/[$W[-WP_P#%5EXR\/> 6_MS2KZ+4M&EU/Q!XAU:TT>]@D6:VN;*PO\
M4Y(#-!*BO%)<).\;*&1E901]5B..>*,5A*F"JYD_95J<J51PI4:<ZE.<7"<9
M3A3C)*<&XRY>7FBVG=-W^<APEP]3Q*Q4,NBIQFJD8N=65.,XR4XR5.4W'W9)
M.,;<L;*T4DCZFN[2UOK6YL;VV@N[*[@EM;NTN8DGMKFVGC:*>WGAD4I+#)$S
M(R,"&5B",&OD6EZ6M;HTUJFFM4TU=-:IJZU/I82E3E&<).,X-.+6C36J:?1H
M^2;;]A#]ERU\2?\ "3)\-8VG6[%]%I4NO>(9/#T-R)#*"FBG5/L[6X<\6DBO
M;  *(0@VU]C2X]XKHX>.'AFLUR)1C5=.BZZ2M;]\Z;FY*W\1MU;^\YN6I\U7
MX1X=Q%>5>>64XN7Q4X2J4Z+TL_W,)JG&+_DA&,/[NY]>A0H"J JJ JJ!@  8
M  '0 5\>W>]]6][GT48QA&,()1C%)125DDM$DELDM$EL?+?Q!_8O_9Q^)6LW
M'B+Q#\/+:TUR[E::^U#PYJ6J^&S?S2/YDL][9Z1>0V=Q=2/N+W#VYF<L2TA/
M(^DROB[B')Z$<+@LQG'"P24*56,*T()*RC3]K&<J<(K10IRC!=(GD9ED&49M
M5]OCL%"IB-;UHN=*K+1*]25*4'5DDE:57GE%))-*Z?H/PJ_9^^#_ ,$XIU^&
M_@C3- NKM/*O-7>2[U77;J(L',$VMZO<7-X+7> WV9)DA! (C!%<^;<1YUG:
MC',L?.O2@TXTDHTZ2:T4O9TXPA*2UM*2<E=ZZCR[(LIRJ3G@<'"E4=U[1N52
MI9[I3J.4HKNHM)V5TQ_Q8^ 7PE^. T1?BCX3_P"$G'APWQT8?V[XET7[&=2%
MJ+W_ )%W6;#[1Y@LK;_7^;M\KY-NYMV&49WF>0U<17RK$_5*N*A3IU9>SI5.
M:%)SE!6K4ZBCRNI-WBDW?5M)6Z\QR_"9KA88+'T?;X:G5]M&'-.%JB@Z?-S4
MY0D_=DURN3CK>U[,[WP?X1\/> ?#.B^#O">G_P!D^&_#UDFG:/IWVN^OOL=G
M&S,D/VS4KFXNKC#.QWSSR-SRW%<V/Q^+S/%UL=CJOM\57<74GRPAS.,8PC[M
M.,(*T8Q7NQ6UWK=CP.!PN6X6G@L%2]AAJ+FX0YISLZDY5)^]4E*3O.<GK)VO
M9622725QG6% 'SS\0?V5/@'\4_%S^.O'?@/^W?%4D5A ^J?\)1XSTO,6EHL=
MBOV'1O$5I9CRD51D6X+8^<L:^AR?BK/L@H?5LIQ_U2C[65?E]AAZO[V7+>5Z
MU&I+7EC[M^56T6K/'S?(,HSYP>:X3ZVZ>'>%C^]K4K4'.K4</W-2G?WZ]5\S
MO/WK<UHQ2^A0 H"C@*  .N !@=?:OGV[MOJSUHQ4(QA%<L8I)+LDK+?71'SU
M8?LJ? 33/B-_PMJQ\!^1\0?[>N_$_P#;_P#PE'C.3_B>7\D\MW??V5+XB;3?
MGDN9CY/V/R5WX6,  #Z"EQ3GU'*HY)3Q_+ED</\ 551]AAW:AR<GL_:.BZOP
MZ<W/S]>:^IY6*R'*<;F/]K8K">TS#VM&M[7VM:/[RAR>RE[.%2-/W?9PTY.6
M7+[R=W?Z&KYX]<XGQ[\./ WQ0T&;PQX_\,:5XIT29MXL]2@+/;S!2@NK"\A:
M.YTV\568+<6LT,J@D!QFNG!XS%Y?B:>+P.(J83$TOAJ4Y.,K:-Q=M)0E9<U.
M:E"5ES1=B*M*E7HU,-B*4*^'JVYZ52$9TY<KO%N$DXWB]8RMS1>L6GJ?.OAK
M]@_]EWPOK,.N6OPX34[FTF\^TM/$.NZ_KVDP.N-N_2=2U&6UOD7!(2]BN5R<
MXR%*_45N/N*ZM%T7FCIJ2LYTZ-"E5WO[M2G3C*#V]ZFX25M'J[_-QX-X<A45
M19<FH[0G5KSI[6]Z$ZDE):[3YH^6B/KV..."..&&-(8H46.**-5CCBCC4*D<
M:* $15  4    #I7Q\I2E*4I2<I2;;;=VV]6VWJVWJVSZ6,8TXQA"*A""48Q
MBDE%)6225DDDK)+1(^?+#]E3X":9\1O^%M6/@/R/B#_;UWXG_M__ (2CQG)_
MQ/+^2>6[OO[*E\1-IOSR7,Q\G['Y*[\+&  !]!2XISZCE4<DIX_ERR.'^JJC
M[##NU#DY/9^T=%U?ATYN?GZ\U]3RL5D.4XW,?[6Q6$]IF'M:-;VOM:T?WE#D
M]E+V<*D:?N^SAIR<LN7WD[N_IOQ%^&W@OXL>%KSP5X_T7^W_  S?SV5U=Z9_
M:.K:5YL^GW,=Y9O]LT6^L[N/R[B*-]J3J&VX8,I(/DX#'8K+,9A\PP-7V&,P
MCFZ53EA/D=2E.C/W*D9PE>G4G'WHNU[JTDFO0Q6&HXW"8G XF'M,+BXPA5A>
M4>:,*M.O%<T'&<;5:5.5XRBWR\K;BY)Y7PK^#?PW^">BW_AWX9>'/^$9T?4]
M4?6;ZS_M?7M9\_4GM;:R:Y^T>(-4OIXLVMG;)Y<<B1_N]VW<S%NS-\]S7/:E
M"KFN*^M5,+3=*D_94:7+!SE-QM1ITU+WY2=Y)O6U[)(X\MR?+<H599=AOJZK
MN+J+VE6I=P34?XLYVLI/:U[ZW.'^(/[*GP#^*?BY_'7COP'_ &[XJDBL('U3
M_A*/&>EYBTM%CL5^PZ-XBM+,>4BJ,BW!;'SEC75D_%6?9!0^K93C_JE'VLJ_
M+[##U?WLN6\KUJ-26O+'W;\JMHM699OD&49\X/-<)];=/#O"Q_>UJ5J#G5J.
M'[FI3O[]>J^9WG[UN:T8I?0H 4!1P%  '7  P.OM7S[=VWU9ZT8J$8PBN6,4
MDEV25EOKHA:104 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 <=XZL(;[P]<K, 5M)8;Q<\8:!OEP>WWOTKS
M\RHPJX67/HJ3C-=-8O0];)<15P^-7LOBKPG2^4UK^"/!0!!%&V"Q8LX5?O,2
M?E_#'.:^4FDO>UNW>RW?8^UH+F;@O=4;+7I9:F9-:27",),11,6<I%E.1SEI
M1@NW^[C\:4*4I;KE2Z)_F]V_N.R4Z<-(N\EI>5OPCK9>NIQ6L>%=:U>-K>UU
MHVULZX=7MXYY"O0 ,S +@>H-5*G5?NJJ^7MH_P!"Z6(H4?>=!2J1V=[+[BAX
M9^$>B:3>)?7EW<7]Y'N8&=E*!CU*Q(-J=/4TJ>%C%:O5=7_D1B,;7K+E5HTW
MHU%6_'<]-O!%!ITZJI5$0X5.,*@P.:QKM1B_+H11IJ,X)6T[GP?\13_:.LNS
MC'DSGRP0 " <8Z>U<5*^ZT\CTVXQ]QK1EGPOI<4\IVQ*?DP5()!)&#P#P?I7
M5&IRKE[=#"6'@VG%N.O3RV.TN_#%QY2_9KZ[M5/+)$S%!CC'E,I7 /J#3;LN
MNAM3A-.TK-+:Z7_#HHGP?,K"6[U2[N$6/D./*4 @D;1$5&X<8.W(K.7-T=B*
MD8[<JNOZZW+WAJZM='U.*WOHY'TQV2-KH<SV.6V)++D8FAW$$L<$8Z@]9I.$
M)KGOR]6NGG_F<6(I\U*7)95([*VDK=/)_@>W>)]"AFTJ"[8V\\ML\41ND50+
MJW<JT$C$ ?-C&2!SQWKT:M)<D7[MXVU75=&>#2JVJ.-FE*]XOH^J_K8^9OVI
M-:O-*T7PS:PVVVSG7RM2G3#*DZA6MH'5?N"3RY'&>NSWK'$S5J4;<MEK_7R/
M;X?PGM)XJ497E%W2\NMO2Z3/3_V'_#-SJ7BNX\;^64L[#PJNFJQ& ;BZN9%1
M!]8O,;_@%;Y!AW/-*V)CI3HTE%O^\[I+[COXRS&-#A/!Y._XM;'3K)=H1A&[
M^4DE\S]1*^W/QT* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * ,S6=:T?PYIEYK6OZKIVB:/IT+7%_JFK7EOI^GV<"?
M>EN;RZD2*&,<#+L.2!U-5"$ZDX4J4)5*E22C"$(N<YR>T80BG*4GTC%-OHAI
M;]%%-MO11BMY2;LHQ6[DVDEJVCSWX6_&CX>_&:'Q)>?#K6'U[2_"VLKH%]JR
M6EQ:Z?<ZA]DBO'&F272QR7ELD4T8^T")8G+9B:1?FKU,RR/,\GIX.>989X26
M.C.=*G-KVJA!QCS5(1;]G=NRA-JHK/GA#2_G8/-,!CZ^*P^!Q,<4\$J7M9T_
M>I*57VEH0J?#4<53;E*GS4_>BHSD^91]$U;5]*T#3KO6-;U*PT?2=/A:XOM3
MU2[M["PLX$^]-=7=U(D4$0XRSLHKRHQE.<*=.+G4FU&$(IRE*3VC&,4Y2D]E
M&*;?1'HI-WLOA3;[)+5MO9)+5MV26K/.?A?\:_AW\8V\4-\.M:;Q#8>$=3MM
M'U+5X;6>WTRXO[BW:YV:9/<JCWT,<:C-PD8A;>IB>1<D>KF.1YGE%#!5LRPS
MPGU]5'2IS:]KRTO9WE."NZ=_:)1A.U1.,N>$=+^;A,VR_'8G%X7 XF&*G@8T
M959TGS4DZ[JJ$85%[M1I49.3IN4%S12FY<T8^KUY)Z(4 % !0 4 % '/^)_%
M?AGP3HUUXB\7:]I/AK0K$ W6JZU?6^GV4)8[8T,]S(BM*[?*D:Y=V(55)(%:
MT:-;$UJ>'PU&=>O5=J=*E"4ZDVE=J,()RE9)MV3LDV[),4G&$*E6<HTZ5&+E
M.<Y*$*<%O*<Y-1A%=92:7F?*LO[?W[*<.HMIY^)<K!9?):^B\(>-)=.#AMA*
MW$?A\F2+/_+5$9"/F#%>:^LI\ <5U*:J+*^525U&=?#0G;=7C*LG%_W9<K6S
M29\W5XOX=H5'2>8QDXNS=.E6J0^4X4W"27>#DNS9]1^$/&OA+Q_HEOXC\$^(
M]'\4:%=,Z0ZGHE]!?6OFQ8$MO*\#DP749(#P2A)$/#J#7S6.R_&Y;7>&Q^%J
M82NDGR58N+<7M*-])1?246XOHSV\)CL'CJ7ML%B:>)I)V<J<D[-=)+>+\I).
MVNQB?$?XK?#[X1Z19Z[\1O$UIX6TB_U!=*L[V\M[^XCFU![>>[2V"Z?:7#JY
MM[6=\LJKB,C.2 3+\OQN9XGZEE^'EBL2J<ZWLX6O[.G*G"<_>:5HRJTUO?WE
M963MIBL10P6&EB\55CA\-"<*;J3=HJ=13<(][R5.=M+>[YJ_C/\ PVU^RS_T
M6'0O_!9XF_\ E)7N?ZE\4?\ 0FK_ 'T__DSRO]9,A_Z&N'_\##_AMK]EG_HL
M.A?^"SQ-_P#*2C_4OBC_ *$U?[Z?_P F'^LF0_\ 0UP__@9]+:-K&F^(-(TO
M7M&NDOM(UK3K+5=+O8UD2.[T_4+>.[LKE$F1)$26WEC<!T5@&Y /%?/8K#5\
M%B<1@\53=#$X2I.E5INUX5*<G"<&TVKQDFG9M::,]3"XK#XW#4,7A:JKX;$0
MC4I5(WY9PDKQE&Z3M):K38\B^*'[1_P3^#4JVGQ#\?Z1HNJ,B2)H=NE[K6O"
M.3_522Z-H=K=W=K"_.V:>**,X/S\&O0RK(<WSIR668"KBH0;C*HN6%&,EO%U
MJCA24TMX<_/M[NJOAF&98#*J<:N88NGA(R5X1DVZDU=1YH48*56<4W9RA"48
MZW:2=N)\$?MI?LT^/]4AT30_B=IMGJMQ+'#:VGB33]8\++=33/Y<,-M>Z_I]
MK9SW$DF%6%+@R,S* A+#/J8O@CBC!4G6JY5.=.*;?L9TJ\HJ*NVX49SG9+5O
MELDGKH>5A^+.'\3/V5/,80DVDO:QJ48MMV24JL(1WTU:/J0$$ @@@C((Y!!Z
M$$=J^4M;3:W0^B332:=T]FOP%H&% !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M//E/KBO</C@H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M59<E.->$8J<GI&*G"=2"E+:,923E*T8WDXI_8#,J*68A54%F9B%5549))/
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MRM&Z7D;V\D$@^\DT3J&CD _/M3J-.4;*R:T,Z6&G3C44W:46M%KZ6:Z'Q_\
M$;XLV_A_5!]GT^XU>>YE;R;6W9%.U6QYDLTS*L:^V<^U90PZ:WY;$5YR3C&W
M+RV.,U+Q_<^(!INS3Y+&42K),C,KB($8"!E)#$GTSBLG0E&=ULC2%:%E!R^'
MJ>J>%/$UQ:;+:64LCC*@\E&'0*?2FHR@O([*<X3]V]N79]SIM3UB7(4DA7R<
M@XQC^$G/'K5VO\C5J"AVY3+L=2<7:,S_ "#Y7).,+W Q[=ZB2Y4SS*]M8K36
MZ/>O!"R+I-ZI=C%'JL3P[B0#%+") 4'>/&U>.I1O2M:&D6ME&2_%'D8A^_!V
MU<7?RL[(\_\ $1>^^,EA#+:.(K:.T2QFA#HYFN(<2N7'WMK!.G/RXZ4**EBD
MK6L]/R/4PO-#+I-3LG?F3[1=['Z2?#'PBO@;P3H7AH<RV-J7NG[O=W,KW%PS
M>^^3;_P&OML%0^K8:E2V<5KZO5GYYF^.>8YAB<7M&<DHKM&*48KRT1WU=1YH
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M[!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 UE# J1D$$$'D$$8(Q]*+= 6EK
M:6V/E_QSI9TW69+.*-5AD+2P#UAD;?C/KDGBOCLTH.C7<8JT7MZ;GZ+DF+6(
MPRG*5Y045+UBK'SUXXFN;2SN!&=B ,2>0%VC'&/O'VKQIRM[J5M=3ZFA45EU
MT///AMX:2WU=]6N5#WEP/.#RX)B@)X3&<\]:[L-!1Y;KXOP1R8RO*?-9V4-%
M%=7_ , ^F_L$=Q:,HYCV9).!C X&T^E>FE3MTLD?/2G54U9.+;T/G/XA:1K=
MS;26VE6L,D#7&UO/3+@KR)5,;J5QZ]_2N*482?H>O&O6HP^%N;6GIYGRIX@\
M!:LVHBZU*9&E7Y2F501HO3 ^@ZYS4\T:=OP1@Z5>M%RY6FVKD]MHD5O$HW1%
M@1CYAE,=.])U(O96L9K"UHO561KQ02V\J>477E=K9) )Z[<>WK6;:>FQO";I
MQ5]''J=3;RS:C#/;[6,]GM,B@9)C8867CMG@^AKFG)TGY=#LI5?:Q[-+\A8(
M9;9%>3A0<^@(!R!D]CCI0I*2.*O)7LMSZ?\ AO<&[\,7>\)NMYHUC8$%@F2Z
MJQ'(VF1@,\8-;X=)QE_=:^X\G$:5(+O_ %^AZE\'/!T_B;Q+>^)]6TXC3=(U
M:[&G7$\8'VB2!;9;=8"1DI$ZR[NH(<CK7L97A/;5O;SC^[I2=O-K8X\WQRPF
M&CA*,_WM6G'F2^RG?FOYO2W8^S1QCV_I7TY\;M\@H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * /C3]OZVN+G]E;
MXC"WB>4P3>%+F4(,^7;P>+-%:65AV1%Y)["OI.#)1I\8<-RDU&/UFO&[VO/+
M\9"*]93E&*\VD>=GE.=7ASB*E2CS3> E)16_+1KX>O5?_;E&E4J/^[!GY_\
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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MY.\I2DVW*3;NVW=L^SHT:.%I4\/AZ4:%&C%1A3@E&,8K1*,59)(N5F:A0 4
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M7.*:YHZ)=!Q;B^5_(_4/^GZ8K(T"@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@!
M"!C';_"@-O*Q\4?$BT;P_P"+-5N+$*D$D_G/  0H\T AU XY;.>*^5QL/8XN
MI"UE*TK>7=?J?:Y>_:8'#UT]8W@WV:=K/RL>-ZUX^BCA:.Y9HV3)9&8[?E/
MQM.%/M7GU(U'\/O);'LX>M2AI)J+/']8^*T88B.5"%&.N#D'J"$[#BIC0F[7
MNK=#JEBJ5.-HM:'&7?Q.N[V.0PS>2@4H[L, #L 21EC]#]*KZNXOWNFR,'B^
M:*2^SJ>;:CXMD<%(YL#?NRIY+9ZEL#//_P"JJC0=]K)'//%1[Z]CF9]5N9HW
M<EFD8%5WX"C/4^Q]*OD4-%T.*<G/R-#3-9M?#-C)=DJ^H7:O';(6!D#,,&3)
M4[5]3Q@"LY0^5@C)MI6LD<C:ZM=:G?2BSDDGNIWV37BDMM+?*5@X/S \9!^4
M#N>*4:;<E&*NWHDO\COA*,(-R:A3@FY-Z*R\S]!_V>M+C\*V$4F[9.RB2=CD
MERXRQ)8 YSUSWS7U^78'ZI1O)6JU+.7DND?EU/SS.\X^OXOEI.V&P_NP\WUE
M^B\C"_:I\4P>,]*G\'7B17.A)871U**4!T+RPO&A!!!1X\[@RX((!%>DH)1=
MU;0\)U6ZL$GI&Q^57P$\277PZ\7JMA=LLVD7+FVO('VN/)N':)_,7D-LV[@.
M.HHAHE%]#OJI\J>S6I_1]^SY\<](^+WAJ,-<0Q>)]+AB35;+<JM,  JWT*9'
MR,?O@<*Q]"*SG#EUZ?D53GS*VSB?1/\ 3]*@T"@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 '3V_3I0&WE8SM
M3U?3-%M9+W5=0LM-LX%+2W-]<PVT$:@9+-)*ZJ!QZTTGLE\A-J*U=DC\\?B[
M^UEHWB7XB^ _A=X NOM>EWWC'2XO$&O0R%(+^**8E;#3\?ZZU:107E)VN%P@
M(&:ZJ=!QBYRT:V7^9R5*W-[D-ENSZA^(EC_:.@27,:EI],D\_:JEB83\LI 4
M$G .>!7GYOAG7P<U%7E3M**ZZ;_@>WPWC5A,Q@I2Y85ER/72_P!G\3P":"&[
ML9(Y$64;<A2-P ''3K^6.*^&BY135[<O0_1Z]*,IP=MMW^)X?XB\$Z?+(S()
M;?<#A8>(\D\X!SS]335=^G8S^III\K6G3J>3ZI\.(>9$EFP"1\Y&0%ZD[2,#
MT/-:*N[):JQG/!\N[MR]$>*^-;>U\.1M%%(DETQ5(K>*,R32R'[L28R2WN *
MUC4;]$9?5%;SZ)?Y'E@\.WL=PEYK,1EU*["K9Z<A,LEO'(?DBV+_ ,M&_B"_
M0GBKITZF(G&E2BY2D[)%U8X?+L/+$8FHH<JU3Z=OGY6N?0?@;X=BQ\K5M8M]
MLX"M:Z=CY+?(!#R#IOXZ <5]GEF41P<%4JI2KRW?\OE_P3\OSSB"IF$W0H/V
M>%B]$M.9KJ_+R/9%A+XPNU5P HX QT'TKUG&VFQ\U>W4HZM?6VE6<MS.Z@QH
M2%)]!QQGK4\MO*Q2>RV/R]_:(\93:SJ0@\PK&TC^6A)P$0D9V]^U<U9V78]3
M T[._P#+_2/EQ)VC^XQ4CC@8Q^)%<6QZ?X%J"_O;>19(;F:*12"K1.R,"#P0
M5-4G)6L]A-*WDCZO^"7[1?Q"^%+SZEH?B#5+:=I[0O\ /M$P0N@CF1RT=S%\
MY^656'M73%Z6DE)=F<THV=X/EMV/UM^#?_!2W1=32UTSXDZ64G^6.35],B%O
M(   99[*25HGQG+-'-'[1U+H1?P2Y;=&M/O"-:<-)KF2ZK_(_2/P+\5_A_\
M$>RCO/"'B;3-4#J&-JDZQ7T7&2);*4K*F/7;@]B:QE"4-U:W7H;QJ0E\+U[=
M?N/1,CUJ"Q: "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M:+XFTE=D<FIPD1ZU;QC:@<Y.V[(;)(<EC_>%9RHP?P^Z^BZ%PJSAH_>BOO\
MO\C]:?AO\9?AY\5M.2_\&>([#4'$:O<::95AU2R+ 92ZL9&$D9!.-P!7/0FN
M>4)4]&K6Z]#IA4C/9Z]NIZED?E^E07^@4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !T]L?ABC;R YWQ+XL\.^#M,EU?Q+K%CH^GP EI[V=(@Q SLB0
MG?-*0.$C5F/8548RD^6*N^R_K0F4XTU>344CX*^)_P"WKHVD&>Q^'VB+J,JE
MT35]:+Q6Q*Y'F0Z?#(LC1]PTLL1]4KKAA'I[1\MNB_S.26*;TI1^;_R/S?\
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M8_W>OKS2[>6P]B9YECE\I 'V@,S%5.,+G 4YZ'')_2GL*WR\C/$G[J0C=EW
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M?Z"AM17:P+5I%/14GNY6OY2T<#*5M8B""T2G_6R =2Q.0.P^O$TT[\VR>R]
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MBL'7PSCNJM*I3_\ 2XH]_"YEEV-BI8''X?%PELZ%>E57R=.4MC:KD.T* "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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MHY%^;+",*,A2=H8G#<8. .]%^5>@):Z&; I@A-WSOG0K QP"(PSD284=74D
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MOJV:8IQ6M_@Q,\13DNC4H23MM?47_A"/B)8D?V/\6]2DC4@_9O$GA?0M:60
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M/>^FUVL\XEH2:QG!U:4(_P#+S!9A@\2GK;2%9X2HNKLXO2VMVU$7XP:3;_\
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MTR/EW<@=%'ID_3VIK2W2PK?AT MM9<_*54,WH,Y],>E&WR&M/D4W8;9""3E
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M5Z^'=Z%:I0:ZPG*#Z=8M=E]R[&-;#X?$1Y:]"G7CM:I",U;7I)-=7][.*O\
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M+*+_ ''&,:T%:T,7E.&F]-+<^&J85[;WC)MJ]TFT*;7XWVF!!JWPSU95P/\
M3])\2:3*^T[?]99:A=)$S+\Q/DR $8"X.0*IPC4^/#9KA7_T[K86LE_V[4I4
MFTME[\7;5N^@W2X[HV]GC,DQBCTJX;&X9NVGQT\1746]V_9R2>B5G= U?XSV
M8_TCP7X)U8KG(TKQ=J%AOV'G8-3T-MGF+]S<?EP2_I1]5X4J?P\UQ^%73VV"
MI5+7[^RQ*OR];;]!_7.-J*_>9'E>+<>E#,J]*]NWML"[<WV;O3[0#QO\1;?_
M (__ (/:HH7/SZ3XO\,:I&2#D;!+-9RXV=VA0[@5 (PQ'E&12_@<44?2M@L7
M1:]>6-6._:3TU;3T%'/>)*>F)X+Q"MUPV8X"O'_MWVE3#U-M^:G'WKI)JTF'
MXIW=N=M]\+_BE;8/+VOAVRU:( C*_P#(+U>>4DD8(6(A>-Q / N':<_X/$.4
M3\IXFI1?G_&H0BK><E?HF#XKK4G;$<*9[12^U#!T<3'RTPV)JS;Z:0:7VFD'
M_"YO"</_ "$-/\9Z. %9CJ7@GQ-$$7D2,WD:=+@18^<C/^SNH_U5S*7\"M@<
M3T7LLPPC]+<U6/Q=/QL/_77*(+_:,-F>$45=^VRG,%9=;\N'G\/VOPN/A^-_
MPKE?RCXOL[61<[HM0L]5TN5, $;XM1L(&CRI!7<!N!!7((-*7"/$<%S+*ZE2
M/1TIT:L?DZ52:=MG9NST=F.''?"4I<CSJE0G'>%>%?#37^*%>E3E&ZLU=+F3
M35TTS=M_B=\.;H@0^._")9BBJC^(=+@D9GX14CFND9F)XP 3GCK7'/A[/:5^
M;)L:E&]VL-6:26[;C!I+S.ZGQ5PQ5:C3XARYRDTE'Z[ATVWHDHRJ)MO:R5[Z
M'0VWB'0+S;]CUS1[K<6"_9M3LI\E 2P7RIVR5 )..F*X:F"QE&_M<)6I<MK\
MU*<;=MXJWD>I2Q^ K6]CC:%6][<E:G+;>W+)[=>QK(Z.H>-E9&&59&#*1ZAE
M."/I7,TXNS3BUT>GX'4FFDXM-/9K;\!U(84 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 ?FY_P %'O&BZ1\/_"?A&.8+)KVM3:A<Q X;
M[+ID'EP,1G[K37$HZ8^0UV8*/O2E_*K'+BG:,8[79^!'B&[6/4+?!X:\ R0
M2H1\?K79-V:Z6.:*]U^A'&S;6;[H)SQD@D]>?7'UH2L.Z22*\DS-M4?=R,?P
M[MO;^5/^D-:6'@;F4="><8S@GA?RP:.WD%[>5BVC;?FY 7 ZYZ=>!C!I[?(5
M_D2!RJ<9#,>!P" ?;GBEMT'M\B-G7>1D B,CDG)P.<YXZT;?(+6LNQ3D9?+E
M(ZC9R%' !Y(/:E86WE8;(2D3,IQA 3@X P/3GGWXHVMTL-:>5CT?]DNR74/C
M_H#2#<MK,\W.."@R#Z#%3!?O5TL9XAVHOY'[T_&WQX/!'PC\2:U%(%N1I@TO
M3<]#?ZBAM8!@$=%,C<="H-=%*G>I%>9QSG:';0_%"5;.6SM3&U]_:+23OJ+S
MM;M:2LT@:%H L0?=MW&0R$_,1MXKV(1G=I\J@K<MKW\[]/2WS.1M65E9J]V[
M?+0RWB3#N2"02B@!<_+R.C+G\*TLONV(Z[[#-7M-,CBLO[/NKJ[=[))=02XL
MUM%M;HL_F6T#^?/]J@5-I$I\HDDC:,9.4>?WN>"@D[1L[W71OM^)H^2/+R-O
M37F5K/JD=)^SC:FX^)J72CY;660*<],%4&#SQS^E>7/7$^436=HT=['[R^ 4
MQ8V_=F16;V 'TK*KH^QK0T7H?C'^WO\ &@>/_B9+X5TF[$GAKP#YM@FQLPW6
MN-\NHW/RG#"'B!&Z@^8.U9?#$[*<?M?)'YW22><^3P 2 #D$>IY_K6/7M8W0
MY%!.T [ <$@=<?PCY@<CO1;SV%L_06\NHK"VDFE;:$7=SCY% ]!CG&, ?IBB
M34(OR&E=I(Q]$LI;ZX;6+Y?O#%C#)QY$!Y#$=I7ZG\J5*#_B/_MU=D5)J*4%
M]G?S.R7B,=%X[\9S[CD]?:MEMZ&7Z"R,$3Z1$$$Y^8\] >,?@:>R7D-.R^9B
MS3Y4#[H4*>.^%Y[TMK=- _0A@)*KD\?[/!&<<=N?QI)6!]>EBU$2JC&1RW4@
MX )R/F[]*$K?(6WE8EC?"$\J03[YPS8ZX!/;\*-DO(>WHA&(V\C Z%B !DDL
M,\\'&>1Z?C1LEY"6GR.=O[CSVCL+<YDGD,09>,!Y/FSSG:%R3WZUE)W]S:YI
M"-M=E$DNY4M]MJGRQP*D:KD'"*NWJ>_R_P"33;2T6BC84>_<Y.2Y DZGA@1D
M\#!''X5SN23[6-XQLETY3/>4F3';=^>/:H;_  -$K+TL=WX%C2\N;JT< EK=
MFC!&2&0@G:!WQQ@55-;]+$U'9*W0Z76-.FM[FWC*MA2%&2<C .,!>V/RJK6?
M:PHN\?0[3P5>+_PDEC;$A23$JKZLK*$QM'4\=#V]S5TW9^AE*-O(_K\\*EO^
M$9\.[SE_[#TC<1T+?V?;[C^>:YJNE6K_ (Y?^E,ZUI8WJS * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H CDABF4)+%'*JG<%D174, 0"%8$ @$C/N:J,I0=XR<7
MM=-K\B91C)6E%22Z-)_@S#NO"7A6]4K>^&?#]VK*R,MUHNFW"E&^\I$MLP*G
MN.AKKIYEF-!IT<?B:+BTTX5ZL+-;/W9*S73L<-;*<JQ"<<1EF$KQ:::J8>C-
M6>Z:E!JSZK9G/W'PH^&ESGS/ ?A5=VW/V?1+&TQMQC:;6&/;TYQC/?.:[H<2
M<04K<N<XQ\O\V(J3_P#2Y2O\]CS)\(<*U+\W#N7*_P#+A*$-O\$(V^6_4QV^
M!WPL+L\7A2.T=BQ9M.U;7M,)#')0G3M4@S'G!"?=&!@# KJ7%_$22C+,G44;
M656CAZNVE_WM&>O][=]6<;X#X3NY4\HCAY-N[P]?%89OK9O#UZ=X]H_"M+)6
M$_X4UX6B7;9:IXVTSY=I-CXW\21D[1B-B)=0D&4R=HQ@9.0:7^M.8M_O</@*
M]GI[3+\(_7X:4=^O7S'_ *EY3%6HXO-,-I;]UFV8+;;XL1)>[TTLNPG_  JF
M6$YL_B;\5K8KAE27Q5#J47F*<AW75-+N79?N@QB14(7[N2Q9_P"LD9*U7A_)
MZG2ZP<J3MV7L:U-)]I<KDN]DDI7",Z;_ -GXJS^ARV?++'PKQYEU?UK#UY6V
M3@I*#2^&[DV[_A7_ (QM\_8?B]XMCP0R?;]*\+ZGM<  EQ+I*;X^!^[X'7U.
M5_;65RM[7AC!/H_9UL92T\N6N[/^]JRGP]G5._L.,\QC;5>UP^75K/SYL)&Z
MT^'1#?\ A$_BO!S!\6[6["D,$U/X?Z,6?&-R/-INH6@6/ .-L.[G[W3#_M+A
MN>D^&9TGM>CF5=)=FHU:55W]96\NZ64<74OX?&%.LHZVQ&48=M]TY8>OATH]
MK4^;^\^CCIGQHMP?)\5^ K_;\R_;_"VKVF\\9C?[%KK;(QC[RY;G\DL1PI+X
M\MS&AT?L\90G;S7M,,KOR>A3PO&]-?N\XRBO;5>UR[$T[^3]GCG9>:NQH?XZ
M0YS!\*+]5^;,<_B[3)&4 9A6.2"]7><'$C2@?,,H-I+.W!\MIYQ0>UG'!54O
M[S:E1=N\5&^FDG>RA2X^I;T\@Q*6MU/,<,[?RJ+AB5?32;FEK9P7+>3_ .V/
MC)!D2>"?!=WD94VGC"^MPF,Y5A=:#EF/&,8 [^R^J\+2^'-L=1MTG@:<ONY,
M3I;S+^N<:T_BR++*W;V>9UH6\GSX#7RMH,_X2_XJ1$>;\'ED4@X^P?$+P],Z
ML",>8M]9V0"D$X*,YRO(&<U7]E\.27N<4.+7_/S+<3%6\G3G6=UV:7J1_;/%
MM-KVG!:FGM[#.,)-IJWQ*O2PR2[.,I.ZU2W'#Q_XRAP;SX0^+(PORR_8M7\+
M:@5<9&(5CU9#.F_ WC:,?-T',_V+E4OX7$^#E?X>>CC*>GFW0?*[=-=="UQ#
MG4$O;<&9C'ETE[/$9;5L_P"ZEBX\ROUTTU$/Q1OX<K<_"KXI(Z\G[+HFCWT8
M3&01)!K_ ,S=?D52>G4G%-</4)?P^(\H:_OUZ]-W])8;1>;:1+XJQ-/2KPCG
ML6OY,/A*JMZPQKN_[J3?DV*/B[IJG_2?!?Q/L5Q\KW7@'6U1R,?*OE1R'=CG
MD 8'6A\,8C_EWFN4U6MU#,</=>;O*(UQCA%_$R7/*"Z.>3XU)^2Y:<G?Y!_P
MN?P9&#]JA\66)3/G+=^"O%*-;JI.YIO+TIPJA1N."<#WXI?ZJ9J[*E+!UD_A
M<,?@WS=E&]9:WTZ:C_UUR6*?M:>8T.6_,IY5F2Y$MW*V%:22UW>@W_A>?PM7
MB7Q.UIG[IO\ 0O$FGJ^,9$;7VCQ"1AD9"$D9&>M/_4_B+[&7^TMNJ6(PM5KM
M=4Z\G'R;M<C_ %]X3C_$S5X?LZ^%QN'3_P +KX:FI-=5&[74M1?&GX5RH'3Q
MOHBJ<@"66:!Q@X.8YH58=.ZC/45G+A/B.#Y7E&(NNT4U]\6U^)M#CCA&<5)<
M08-+^]4Y7I_=DDU\T:<?Q3^&LC!%\>>$E)S_ *S7],B7@9Y>6Y51^)KG?#F?
MQ5_[%QMEVPU5O[E!LZ8\6\+-V7$66KUQN'2^]U$C1M_'O@6Z#&U\:>$[@(0'
M-OXCT>4(3G:&,=X=I.#C/I6$\FSBE;VF4XRG?;FPM>.W:\%L=5+B#(*Z?L,[
MR^LHVO[/&8>=NU^6H[;:7-*/Q)X=F19(=?T66-L[7CU2Q=#M)4[66<@X8$<'
MJ".U82P&.@W&6#KQ<=TZ-1-=M''0ZXYCE\XJ4,=AY1>SC6IM:::-2MHU8T%O
MK%]H2\M6W8"!;B%MV[[NT!^<Y&,5@Z-6-[TIQY=[Q:M;Y:6.A5J+MRU8.^UI
M1^5K,M5F:!0 4 % "'C\/Z4;?(#\!?\ @H+\2K?Q7\9KS1[6Y\^P\%646AHJ
M,"HO4+3Z@H .#B[=QGT KU<-'DI+2SEK_D>=B)<U2RVBK'Y?>)KHM<6<GR(/
MML6 .2=Q*\G/7YO2G-VMZH4$U%][&L[A5 &0 ,< 8!Z#&.<5>WD*^R[%=22Q
M/&%XY' S^./6DM/D5>WR+$+_ "EQT_A91CD# YIK3Y;"_#R+"DX"#@LW4C X
MY/\ ]>GMIL).WD3JV&/0;1GMV&,9'_UJ6WR!K6W8IABTKGL4;MUP..W3%):#
M6W:Q S 0R]<*RYY].@&!26@=O(BO9E6"3:3@)C'<8[>WXTWI\@6ECV3]C(;O
MC''<XQY6^-2>H)QWI4K>T]##&:4DMC])_P!LOQ$K^&O"7A2WU"UC=)?[;U&R
M:4_:KE"/LUJJPCADC;,I+$8!XR:]#"1M4YK/1:/HO7MY'%/X$KK3IU/SS4NL
MBIA5W84%M@QN(&<[^@'Z5Z:T^1S;>1=U+3FL;R6S-Y97BVY14N=/N'N+29FC
M67]U.H^<+OV'Y1AE8<XHIR52*DDXK722M+337] FN27+S*5NVAS]Z_E0RK$J
M_*C,S@+Q@9"Y(5CCI52T3Z6_0459KH>F_LP6KQ>*WDN(VBEWDNK\,OF2"1<Y
MSU0J?QKQ(N]64D^IT5O=@EZ:'ZG?&+XJP_!CX&ZUXI$BIKNIVW]A^&(3@O)J
ME]$T23!."R6\1:9BO*A01TK*K\?+_*=-"/NH_G@US4KB_NKB:XG>>>YGEN+F
M:4[Y)KB60RRR2-GYG:1F9B>Y-82;O;9([DK)=+& "?NC.1W'1?4DYJ&NQ2?;
MH6%"P1[F^55SMW8!) Y(Z4U[MA/\3F(U?Q#J!4'_ (EEA)NE/1;BX3[L:@=8
MT/YGZ5DE[67:$>O=FW\*/]Z6QW: 11J -H5%P!P!M7[N /3'%=6R[6V1AJ65
M.R$=1C'' "X !P,>W>BUEV#]"A?3A%?:>. I.T#D'&..U)Z+T"UD8)ESMZ#:
M"O.>3MYXS[]JB_3^4:V[%J$CRU_A; /&!@!<^N<\"FEHO(/T+*_*HX*C9G&<
M=2.<'CG!IQ5EVL+OY#8F.PX(&&)YP"#CI_+IBET79 M/(9<SK%;EGP"NTA>H
M&%YZMUR<TI.R&ET.7TJ8S7E]?>666S3R8@!G$T^Y=P&?X8PW?.6%8PU<I6LH
MZ(UDN6,8]S(N;BXEF)VNHW#&[@#&=O4#IFH;=RXQ4?D9GE2%\<C! ^@Y%9<K
MO;:QHG;RL6# (&).3@DC.1T/ X]JKE4?D)/;I8V_"VJ'2-9M;KJBR;9!S_JV
M.ULXZ\$\4HRY9;:!*/-'M8^F+JRM=;L[6^@4895R<$A6 "D8!R ?EZD\_C6[
M6QS1;@WK:QYO:"?2O$D)&4-M<#DC'"MT/5N<8J8^[)=+&C:<'KML?US? CQ#
M_P )5\&?ACKQ?S)+[P5X?%P^<[KNTTZ"RO"?]K[5;39]\UCB%RUZG3F?-;_'
M[Z_]*.B/PQ]%^1ZS6)04 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % %:2SLYF9I;6VE9AAFD@B=F  4!BRDD;
M0!SV&*N-6I!)1J2BH[)2:MUTL]#.5*E)OFIQDWO>*?EK==M#-E\->')T\N;P
M_HDT>0=DNE6$B9'0[7@(R/I71''XZ#O#&UXM=56J)_>I'//+<OG'EG@,/*/:
M5"DUIMHXVT,R?P!X#NBINO!/A&X* A#/X;T:4H"<D*9+([1GL*Z(9UG-)-4L
MVQM-/=1Q5>/WVFCCJ\.\/UVG7R++ZSCHG/!8:;2[+FI.WR,]_A7\-78N? ?A
M($]DT'38U&!CA([=57IV K=<1Y_%)+.<;9=\35;^]R;9S/A'A9N_^KN6KTP>
M'2^Y4TE\B@_P9^%KJRGP/H0#!E.RV>-@&!!VM'(I0\\%2".Q&*V7%7$46K9Q
MB/=M:\[[=TTT_G>_4YY<$\)--/A_!).Z=J*3^35FO)JS72Q2_P"%%_"D?ZOP
MA;0.,%9;74=:M+A"#_RSN+74HY8L]#M<9!*G()!U_P!<.)%OFDY+K&=*A.+]
M83I2B_*Z=G9K5(P_U!X07P9+3HR6TZ57$4JD?\-2E6A./9\LE=-IW3::CX(_
M#N,AK;3=9LY!P)K;QAXO24*>"NY]=8;3QGCM1_K;GCTG7H5(_P LL#@6O)V6
M'6PUP+PY!WI8?%T)+[4,SS-.W:_UQZ#O^%-^$X^;6_\ &=D_0R6OC?Q.CLAY
M*,9-2<;,A3@ <J*7^M.9/2I1P-5+93R_!V3[Z45KT*_U+RB/\+$9G0?>&;9B
MG;MKB7IU^0A^$.DK@VWB[XEV+C@R6OCW75=D[HQEGD&S(4\ <J.:%Q/B?MY9
ME55+93R[#63[^[&.O03X-P2_A9OG=!KK#.,;>W9\U62MUT2V&_\ "ID3!M_B
M1\6K=Q_'_P )M-=Y7!RIBU*RN8AS@[A&&&W 8 D,_P#65[3R')II=/J$8:][
MTITY?)RMW5TFI_U/C"WLN)N(*,EU_M2=73MRXFG7IKH[J"DK64DFT_$=<_89
M^"7B*YO+_5X]=U#4K^=KF\O]0;P_=7-Q<.X>2:>;_A'DEDE8]6\P$YYR.#NN
M*]%%\/9/R+I'"U8O3:TOK#:_I'.^"9*7/'B[B!3OO+&T)1_\!^J)>G;Y')7'
M_!.C]GFY7$NEW3LO*,]OI#;' ^5QMTY2"#@_*RGT(/-'^M%#2_#>5M+I[*LG
M\G[9V?GT#_4W%+X>,,\36W[_  [7E=?5E==T9Q_X)O\ P'QCR[[&,?ZM>@Z#
M_7T_]9,"O^::P.G]_$?_ "P?^J6:+_FLLT5O[F#_ /F<PYO^"9'P-DEED6XU
M! [LP17UA JD\+MA\21QC P/DC1?11TI?V_D[UEPO1YNO+C<9&-^MHJ=HKLE
ML4N&^(8+EAQKBE"/P\V7Y=.5NG--T;R?>3WW*%W_ ,$PO@])Y2V6L7EFJ;BZ
MO;:U=;R=NT@GQ='L"@'C!SN]JJ.>Y"OCX66FW)F.*A]_/&I?RM;SOTB?#G%2
M_@\;RBGO[7*,#4].7V<J'+YWYNEK:WJ'_@E_\+AROB6XW $+_P 2S6  2./^
M9R..>^#]*K^W>'?^B6FK?]32O_\ *.AG_J[Q@O\ FMX/EV7]B8;_ .:3,'_!
M+SP$ 5_X2NX )R?]%U$'\_[9Z>U']L\-;?ZOXC3_ *F$O_E(_P"PN,U_S5F%
M7_=(A_\ -)2NO^"6W@E@IM?%UPC@D,WEWT64P1C,EY<@\^BJ>.O:A9OPQ+1Y
M'BJ5NL,=S/T:G1LEZ#63<:T_AXGP-;RJ97R)>:=/$W;Z:Z&<?^"5WA3!7_A,
MKK!Q_%<<8]/W/%']I\++_F4X[3_J+I__ "H?]E<;K_F?Y;I_U+JO_P TF5J7
M_!*;0[K$=MXZO((1'M81W(B)<DY.+C0;P\+MY#J/]GC)3Q_"D]7@LSH-:6IX
MC#25N[=2E=/I9::#C@..J+M',\FQ"WYJN#QD&O)*EBDK=;O6[?1(WOAG_P $
MT/\ A5.N_P#"0^'?''VN]W;O*UFY^T6P/^Y8^'+23''_ #TI0QG"5.7,J&;W
M7>K@_P!**%5P/'55*,L7D44NV&S!?GBF=O\ $C]AWQ?\0]?'B*^\7Z%'>FSM
M[%K>WNM2M+&"WM$V0"WCET*]DWMEBY,HR0"/;LHYKPG33BZ.;02V?^QU'_[B
MY;?._D<E7*^.U;V=;(:UMU*.84;6VLTZ_-?M:-K=;Z>=M_P3?\1M_P S=HF1
MGYO[4O\ )SQ_T*':MO[8X27V<WT_Z=X/_P"7&2RSQ 73A_3_ *>YE_\ *!G_
M  [<\1C_ )G#1>F.=4O3C'?GP=UI_P!L\)KIF^G_ $[P?_RX/[,\0.W#^G_3
MW,?_ )08VH?\$UO%UPD]M%XMTN.%U**\6H3-@,H!*^;H*<YSUC7Z=RGFG"DX
MM>US.FI='0PS:^:K-?<"P''D&O\ 9LDFX]5B<:H_)2P]U\SH_AQ_P3^\<?#B
M^2^LO$&BZFRF,M'>ZE/&'\L]"T.BYYQCI7(L1PE%WCBLS^>'P[_*LC7ZKQV_
MCP62NW;%XQ?GAI'6_';]C'XG_'9O#\&L>(]$T#2?#5G);V&DZ3J=Q+ ]S.1Y
MU_<O=:*3)<E5"+A5VJ6'.:CVO"6O-B\S;;Z8?#K\'69O[/CR-O9X#)(I+:6+
MQDG]ZPT?R^9\VM_P27U]L_\ %;VW_@;$<?\ E I<_!Z_YBLUT_Z<8;_Y:.WB
M"O\ F"R)6_ZB<;_\H,J;_@DQXOBF9;?QE;-""I!:6UDR=H).]H;<\-D<Q+C'
M&1R1+A%ZQS+,(+^66$I2:^<:MO-6&JO'L/=EE&45''[4,=B(1?HIX=RTV=^N
MVAG7_P#P22\<WL1A_P"$YBMU8;28/L(<*>H5F8[21QGJ!TJ94^$I*W]K8]6[
M8.'_ ,M&J_'D7IDF5:=\?6_^9T7+#_@DUXRTZU6TMO%EFL:J%SFT#''<X?&3
MUJHQX2A%1CFF.2C_ -0</_EH.OQV]\ERO3_J85O_ )F+?_#J?QSM*_\ "768
M]\V@QQC^]56X3_Z&N._\(X?_ "T2K<=+_F296K?]3"M_\S#F_P""57CLKL_X
M2ZS 'O:=N.F\=L?E1;A-?\S7':?]0</_ ):'M>.O^A+E:M_U,*W_ ,S%&;_@
MDYXYF!!\96JC(/'V,]/JY_3%)KA/;^U<<O\ N3A_\M%[;CM?\R7*M/\ J/K?
M_,Y7_P"'2GC?/_(Z6YP<\BR..,?WZ7)PDO\ F:XY?]R</_EH_;<=K_F2Y5I_
MU'UO_F<L)_P2;\;Q@ >,;4[01S]B[C&<!NU4EPFO^9ICE;_J#A_\M#VW':T_
ML7*O_"^M_P#,X[_AT]XY"[1XRM1@8X^Q]O;?0EPFO^9KCM/^H.'_ ,M#VO'?
M_0ERO_PX5O\ YG&K_P $G/&Z*5'C&UYQWM.PP.-])+A-*W]JX[3_ *@X?_+1
M>VX[_P"A+E>G_4?6_P#F<D7_ ()(>*KU'BOO&\$2*J"/9/;0$D!E;E;*[W<8
MZA,>_:9+A%?%F&95%T4,-1C;UYZKO?R&JG'S^#*\FH\O_/S&8J:?HJ=!6MUN
M367_  2%UFQMY;:+QU&1-*9G=[Z'>6(4 ?+X? V@+QQW-*+X.@N58K-;?]>,
M-_\ + ;\0FT_J61*W18G'6_],D+_ /!'_67.6\>CKG'VZ#C!R.OA[MBDUP;_
M -!>:JW_ $XPW_RPI3\0DK?4<A_\*<=_\I$'_!'W5E.1XZ0'.?\ C^@]_P#J
M7O>A+@U?\Q6:Z?\ 3C#?_+!<_B%M]2R)6_ZB<=_\I''_ ((]ZG-+'YWCP+'N
M0/LU"!,*" 3N_P"$9E*X'.1&YXX!Z4FN#>N*S9I=%1PJ?HFZC2?KH-2\0TK1
MP>01?1RQ&/:7FTJ*;2ZI:E]/^".0C;</B&V<@_\ (:'4=/\ FG]3?@I?:SO3
M^Y@/_DQI^)"T]GPU_P"#,T_^5GH.A_\ !+K6]!M5LX/'=C<1)]W[5J]RS+V
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MHM?9AE=:2];SQZ:?EMH']@_&#_HH/A;_ ,(>7_YH*/KG"_\ T),9_P"'"/\
M\RA]0XR_Z*++_P#PTS_^> T^%_BW(2[?%72+8G_EC;_#NSEB3  &V2XU_P P
MYQD[NA) XQ368<,QT7#E>=OM2S.:?S4<-96VTZ>9+ROC&3O_ *V86E_=ADT'
M%=-'/'.6N[OUVT#_ (13XL_]%<T[_P -OIO_ ,OZ/[2X:_Z)FK_X=*O_ ,S"
M_LGC'_HL,/\ ^&2E_P#-P@\%_$T 9^,VHY'7'@7P:!D=<#[&<?F:/[6X?_Z)
:2DO^ZACO_E@+(N*%_P UQB-/^I7EG_R@_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g853797dsp06.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp06.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M P$  A$#$0 _ /W\H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M;EC%6]+)6^1;K,U"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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MF5.>(J+M'EIRN[7Y5=IPUSXQW 'E> O"6FY);&H>-+BZ**,@1M]@T'!D/!W
M[< Y )X7U3A:G\6<XVO;3]W@(PU[KVF)V6UGJ-8[C2HER\/Y=ANMJN:U)V79
M^RP._6Z=AN?CI-T'PHTY2"<$^+M5D^;&!P+%(V09R?WH<G^$+\S_ .,/I_\
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M#]+OX\:[:;/9O3="#Q=\5+D[;7X1Q6B$+MGUCQ[HD6,DG)MM,L[UL!0,@NC
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@#R8_&+P_* =+\/?$#7<\+_9/@?7G!PI;[
MUW;6ZC V<DC'F*>F2/I5PMC8:8C'9;@[?\_LPPRZVVA.;[].CZVO\@^,\NDE
M]5RW.,=?;V&4XWM?>K2I)=-VMT]KM'_"QO$UT#_97PD\=3$_<&KR>'="!(PH
MWFXUF7RQOXS@_*-W3@']A9?2?^T<39?%+?V*Q6(^[EP\;Z?CH/\ UDS2JO\
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MMHDMB>H+"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
F "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H _]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g853797dsp07.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp07.jpg
M_]C_X  02D9)1@ !  $ 8 !@  #__@ ?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP"$  (" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @,# @(# @(" P0# P,#! 0$ @,$! 0$! ,$! ,! @(" @(" @(" @,"
M @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# __$ :(   $% 0$! 0$!           ! @,$!08'" D*"P$  P$!
M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M\.>5_P#R\0>+OBJ^3%\'XHD!P%OOB)H,4QP 2P2RT^[C"9.!F4-E3E0,$O\
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M+;M:=^ZM9KY7QU_Y_?A-_P""OQA_\N*.;@[_ )\YS_X.P7_R@.3C[_H)X?\
M_"7,?_FL/*^.O_/[\)O_  5^,/\ Y<4<W!W_ #YSG_P=@O\ Y0')Q]_T$\/_
M /A+F/\ \UAY7QU_Y_?A-_X*_&'_ ,N*.;@[_GSG/_@[!?\ R@.3C[_H)X?_
M /"7,?\ YK#ROCK_ ,_OPF_\%?C#_P"7%'-P=_SYSG_P=@O_ )0')Q]_T$\/
M_P#A+F/_ ,UAY7QU_P"?WX3?^"OQA_\ +BCFX._Y\YS_ .#L%_\ * Y./O\
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M[_(3_A;*H=MQ\-OBU;/@%5_X0J6[!4Y ;S-,OKF-3D$;6=6&,E<$$G^K3?\
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M>A4M[.M3FGHN6<7]UFRY61J% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % 'DY^+^BL!]D
M\+?$>_9N42S\!Z\S.F,^:OFV\8,>,'.<\CCT^D7#&+C_ !,QRN@H[N>8X9)/
ML^6<M?\ +<^1?&6!M^ZRK.J[Z*GD^.;:[KFI15OG?R&CXJSR<6OPO^*T^2%B
M>7PQ9Z?&[' ^<:CK$$L"!C@O)"HX+#*X)?\ JY"'\3B')X6U:6+J5&EY>RH3
MC)VU2C)OH[/0E<6U)?P>%,_J)NT92P5&@F]M5B,52J02>C<Z<5I=7C9M_P#P
ML+Q7+_QZ_"/QHP7[WVJ\\,6)!/38LFLMY@P.2#Q^-+^Q,MC_ !.)L!'MR4\7
M4^]K#JQ?^L6;2_A<&YHTM^>KEU/[D\:[C/\ A,OB?)@6_P '+A,\JVH>//#%
MM&$QD;A:+>2I*>/D\K YRPQR_P"RN'H_'Q3%VZ4LNQ<W?RY_91:7?FOV3(_M
MOBJ6E+@J<>SKYK@*<;>?L?K$U+R]G;>\E;5P\0_%^8$Q_#CPW99^54N_'8N'
M0@8#NUIH&UTSSA2#CCK2^H\,0T>>XJK;K#+N5/R2GB;I]+O0I9CQE-77#6!H
M7T2J9O*37F_9X!IKK9.]O,#>?&^4@1:'\,[3:"6:[U[Q)<*W0!4%MHJE".3D
MY'T[M4N$8?%C,UJ=E##86-O7FQ#3^0.MQU*RAE^24;;N>-QLT^R2A@HM?.XT
M1?'27[UW\*;-6.&$5CXMOI+=2<$I+)?6RSN%Y&Z&($\$8Y)S<'PVI9Q5<=KU
M,%34GYQ5.HXKII.3Z^0E#CV=KU\@H)[J-',*S@O*;KT%-I:J]."OIYC_ .R/
MC++_ *SQGX*LPO3[)X0U"??G&?,%UKPV;<<;>NXYZ"E]9X5A\.58^K?^?&TH
MVMVY,-K?K?MH5]3XUG\6>971Y=N3+*\[^O/C]+=+=W?H,/A3XLR_ZWXM6%J&
M.72R^'FEEH@3RMO->ZQ,,@<!I8I/=3369<-0^'AJI/EV=3,ZMG_BC3H0?JHR
MCY-$O*>,)_%Q?0I)[JCDU'FBO[DJN*JJ_9SIS\TQP\#_ !!D_P"/KXQZZP7[
MGV3PKX1L<9^]YA33G\SH,9QCGUH>;Y)'^%PMAX]^?&8VIZ6O55O/O\AK(>(7
M_%XUQDK;>SP&64O6]L-+FZ6VMKW%_P"%<>(I ?M'Q:\?,[9$AMO^$=M%(/!\
MI(]#;R#MZ%2<'D4O[=P,?X?#67)1V4OK4WIW;Q"YOGZ#_P!6LRDOWG&&;W>_
M(LOIK_MU+!/ET[/1ZC/^%4,Y_P!(^)OQ:G11\J?\)?%9 -QAO,TS2K:1B!D;
M6=E^;)7(!#_UD4?X?#^34WW^I.>G:U:M4BO513TWM=./]47+^+Q3Q!5BMH_V
MA&C9]^;#8>A-V5U9R<=;N-TFG+\(-(.3<>+/B3>29_UMUX\UUI H  0&*>,;
M1@D9!/S'G& $^)\4K>SRS*Z45]F&78:WKK&6OSMY%1X-P2_B9OG=:7\T\XQU
M[=O=JQ5EZ7UWVL'X+^"'&VX_X2>Z1L>:EQXT\5LL^/O>:$U=<[CR<;?;%"XK
MS>/P?5*;7PN. P2<>UKT':W2]QO@G(FK5'CZB^TIYKF34N_,EBEOUM8;_P *
M,^%I_P!;X8>["_=2_P!>\2ZA&A.,LD=[K$JQOQC<H!QQG!I_ZX<1+X,P5+SI
MX?"TGZ-TZ$6UY-M$?ZA<*?\ +S*W72V5?%XW$17G&-;$U(Q?2Z2=M+V+,/P5
M^%<"E$\$:,06W?ODGN&!( P'GG=@N /E!QU.,DYB7%G$<G=YO75M/=<8K[HQ
M2^>YK#@;A&DN6/#^$:O?WJ;F^V\W)I:;7MY:LT$^$_PSC557P)X6(0 +OT:R
MD;CIN:2)BY]V))[U@^)>(&W_ ,+.,5^U>HON2DDOD=$>#^%8I)<.Y?:.U\)1
M;T[MP;?S-"+X=_#ZWD66#P+X.@E3)22+PQHD<B$@J=KI8@KP2.#WK&6>YW.+
MA/.,=*+WB\77:^:=2QT4^&>'*,U4I</Y;2G':4<#A8R6EM&J2:T=M.AHQ>$_
M"UNV^#PUH$#X*[XM&TZ-MIQE=R6P..!Q[5SRS+,9KEGC\3)+HZ]5K[G([(95
ME=)\U/+<+3EM>.'I1=NUU!%^'2-)M]WD:7IT&[&[R;*VCW;<[=VR(9QDXSTR
M?6L98G$SMSXBI+EVYIR=O2[TV.B&%PM._L\-2A??EIP6VU[);%V*&& %88HX
M5)R5B18P3C&2$ &< #/M64I2E\4G)K:[;_,UC",%:$5%=DDOR)*DH* "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H 9)''*
MICEC21#C*2*KJ<'(RK C@BG&3@[Q;BULT[/\!.,9*TDI+LU=?<SGKSP;X0U
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 -=$D4QR(KHW#(ZAE.#D9
M5@0>0*:;BTXMQ:V:T?X":35FDUV:T^XY74/ ?@C523J7A#PS>O\ \];C0]-D
MG&=@.V=K;S$)$: [6&0@!X%>C0SG-\+IA\TQ=!+[,,15C'2]KQ4^5VN]UU9Y
M.*X?R+&N^+R; XF2VE4PM"<EM>TI0<E?E2=FKI)=#E'^"7PV61I[#0I]$N6
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M[G3CVZ=L?I7G[>5CU H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % $4
MT$%S&T-Q#%/"W#131I+&P]&C<%3^(JH3G3DI4Y.$H[.+::]&K-$SA"I%PJ0C
M.#WC))KYIW1P6J?"?X;:PQ>]\&:$LS'<;BPLUTFZ+]1)]KTDVTWF@\B3?N!
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
3 4 % !0 4 % !0 4 % !0!__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g853797dsp12c2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp12c2.jpg
M_]C_X  02D9)1@ !  $ 8 !@  #__@ ?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP"$  (" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @,# @(# @(" P0# P,#! 0$ @,$! 0$! ,$! ,! @(" @(" @(" @,"
M @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# __$ :(   $% 0$! 0$!           ! @,$!08'" D*"P$  P$!
M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M P$  A$#$0 _ /SGK^QS^8@H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * /1=!_P")-X"\6ZYG
M9<Z[=6'@S3V"@N(&*ZUKQ^;[J&UM=.@) )Q>8XR",9>]5IQZ13D_R7W/\SBJ
M_O,9AJ/V:"E7DO-+V=-?-RG+U@>=5L=IZ"HV?"N;^'SOB!; =M_V7PY=YR!U
M\O[6N,]//..IK'_E_P"E/_VXX_\ F81_NX>7RO4C^?+^!Y]6QV'HOCT?V7;>
M$?"0&Q_#WAZ"[U&-@/,CUSQ*1K=^DC*=K&*TGTRWXSC[*1N..,:6KG/^9Z>D
M=$<6#_>2Q.)Z5JCC#_KW1_=1^^49S_[>/.JV.T[[XDGR_$D%H@"PV'A?P59V
MXY+"%/".BRKO8GYF#3,,\< ?4Y4?@OUDVW]]OT./ _P)/O6Q+_\ +BJ<#6IV
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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MF=6G"C047S*G5H2KPJ3FVE&5HI.FHRM>_/=6/GNOHSY\* "@ H * "@ H *
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M4SGXA>*UQ@0ZJ]L.^1:Q16P8\=6$0;';..U945:E'RO^;./+],%A?[U.,O\
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MY9PY4S&KB<!E6%KXF<Z6+QD.>\73M"$I*OAU%2="M4@Y59R]AS-0A&%SMI/
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MPN;8#'SRK.,)!4XUX<WOP5XQNX2A.$XTYSI\\6U*GRTI1Y5=</#O$DLFI8K
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MIT,''!.S]G"$U6I1?MH2@HRYM&FFY1?&3]LK0OB5\//!?PT\,?!?3OAUX?\
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MT<%A\!1S7#\F&A2G3OBYXV-"+JM4X0BYQI.K4Y(^TM1P\92G%S5.G\S^#/\
M@H98V?ASP@OQ,^"7A_XB_$/X=6(L_!_CVXU&TM+Z%TMUM4O9Q>:#?3Z?J#10
MVYGN+*X43R*9!' V#7V>9^'U6KC\?B<ESB>48?-[K&8>,)N#BY.3BE3JTE4I
M<TZCC1J64%*4%-QDTOB<JXQHX?+\)@,VRY9DLK<982?-'FC.FN6FY.I&?LZD
M8QIQ]O!2G)1C.4)3@G+Y U#X_P#C?5OCO:_'_4GBD\56OBO3/$B6=L[VMBEI
MI3P16_A^!B)'AT[^R;=; EA([1N[/O=V+?6Y9P[@,KR%\/TDZF$G0KTJLYVY
MZL\2I^VK2LK*HYU)5()+EIM0C%*,(I?/9UGV,SG-8YK.V'J8>5#ZK3A*3AAH
M8:49T(1NTY)3C[2K\*K59U9N,?:.)ZM^TO\ MB>(_P!H'Q%X US3/#LOP[B^
M'DDNHZ/9P>(O^$BD_P"$ADO;6[36_M;:'IBQ2PK8621Q&WDVF-V+D2;5\;A+
M@JCPQ4S&M/%K,JF/A2HMRH>QC"A353GI<OMJO,JSJ/VCO%.,81Y?=N_6XDXN
MJ<08#"9?#"/ 4:%:I7J<M?VGMING"G0>E&E*#P\?;\C4I7^L3^%I7]FU;]O?
MP!XOT?\ M/XB?LP> O&7Q/&@/X?E\5ZA/8-8WD$MJ]K+*\-QX>GU"RMV6XNC
M]DAOV*B1EBNHA)F/Q)>'>.PU6O0R?B7$Y7E6(JJM*C#VO/"<9*46G3K4HSG'
MV=)1JM0DN6+DI<BYO5P_'.%J4<+/.,FIYEC\#!TZ=1JCRSA)6J)^UI5?91J<
M]5SI*G4I2<I>[%5)6^=OAG^TLGPY^#OQH^$L7@2"_C^+JWJQZM;>(Y].MO"R
M76FOIR0V^DW6DZA-JT$*N"@FU*%RJ!7D9LR'Z7.^%I9QC.',7+,I4Y</UZ-9
M\]&-2>*=*OAZ[YY0G0A2E-X>TI0I.*<W*--**@_ RCB..4_ZQ<F70<,]PU;#
MQITJLJ=/"*K1QM%>S4XUYU(4EB_=A.HI.-)1E5;DYJ#]F?\ :0_X9UN_'UU_
MPAG_  F'_";^&4\.[/\ A(O^$?\ [+V23R?;-W]A:E]MSY^/*Q!]W[_/%\7\
M,_ZU993R[Z[]0]G5=7VGL?;WO2J4N7D]K1M\?-?FZ6MK=8\+9]_JSG%/-OJG
MUWV=-T_9>U]C?]_AZU^?V=6W\#EMR/XKW]VS/A3^TA_PK'X*?&#X/?\ "&?V
MW_PM:WGM_P#A(O\ A(O[,_L'S]).E[_[(_L*Z_M3;GS<?;;3/W<C[U'$'#/]
MN9CD&/\ KOU3^P\33Q'L_8^T]M[/$8?$<G-[6G[._L.3FY:EN;FY7R\K,AS[
M^PZ&>4?JGUG^V,'4PE_:^S]CSX?&8?VEO9U/:6^M\_)>%_9\O,N>\?:?!O[;
M?A6#X9^!_ OQ9^ WAWXI:C\+;6VM? >M7VK1V,%O'8P1VNGKJ&GW&C7F'AM;
M6QBD>*1DN1:QEX4= [>5F7!>,JY[BL\R;/*N3ULS;>,4(R<I.4E.<J<HSAK*
M?/4BI+]U4DW":4N5>GE?%.%H9*LCS;+(YG@Z#YZ,'R<KE%5?9JI&<9)<BJSI
MJI%-^RE*,H3UYK5_^WQ]M_:&\/\ QY_X5.(?["^'U[X$_P"$4'CK<+G[7>WE
MY_:@US_A#E\@)]KV?9O[/DSY>?.&[ Y\'X??4\@SC(O[7]I_:V*HXGV_U6WL
MO91H1Y/9_67[3F]A?F]I"W-\+Y=>C'<;_7,=P_C?[+5'^POK?[M8BZK?6J3I
M:/V"]DJ=[I6J<UK>[N>7_!?]J_\ X5#XX^,WC+_A ?\ A(?^%N)K"?V;_P )
M3_9/_"/_ -JZOJ.JY^V?\(Y>_P!K>5]O\K_46>[R=WR[MJ]N<\%?VMPOE'#?
M]I?5_P"RJ6'I?6/J_M/:^PPCPO-['V\.3FOSV]K/E^&[^(Y,LXM_L[BW'\4_
MV?[;Z[7Q-;ZK[?DY/K&,I8OE]M[&7-R>S]G?V4>:_/:-N5]W\(_VV-)\-_#/
M1OA/\9O@]X>^,WAGPG(DGA&;5Y=/6XTN*W)^Q6-S9ZKHNH6]VELDLT,-S'Y$
MB0;8'29?F$9[P75QN:O/<ES2IDV9U8\E:4.=*IHHRFITYPG"4^2FZD?>C.<5
M4]V:NS(^*:> R^>39G@UF.5RDYQIOEDXOG<^5PJ>Y.,9RG*#;4J;DXQ?):,:
MFD_MW^*M'^-NO?%.R^'WA*T\,>)O#]CX4UWX<62Q6=GJ>A:4KKIDE[KD6F[[
MO7+99985O)K%XOLTK6HM1$$$<1\/\'/AZ>1XO,*^+KRQ4\9'%33?LJ]1<M3V
M6'E4E&-*JO>K4_:.56LW6E5Y[6VK<;XI9Q@<SP.!I8*CE^&6$IT(OWIT5)32
MJ8B,(2O3J1@\/R0C##0@J=.#YZTJW$_M ?M"?"KXH^&=+\+_  [_ &>/!OPM
M2PU235Y?$%@UK_;;33H(KJTMDT73--@%K,L5OYGVS[<"(8_*CA:-7KIX>X8S
MG*\P^O9EQ+B,QC&BZ$<.^=TI03YH.K*M.HVZ<I3<%3C3G&4G>K*$ZE.49UQ)
ME..R^K@<#D-'"U*]6->6(E&G"=*HFN?V,:,8VE5C&$)RG4=.4+IX=U(T:U/Y
M#K[@^+"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H DEFEF8--+)*RI'$K2NSLL<2+'%
M&"Q)")&JJJCA54 8 J8QC"ZC%13;DTDE[S=Y-VZMMMO=MW>I4ISER\TG+DBH
M1NV^6,=(Q5]HQ6B2T71$=42% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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MRW$X2DIXB,GS4(TLOA@JC;4HTGAJD*;=:I*O3BL/4J1E%V:EZA^R3XD7Q_\
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MM5T5[BR^'44T6E0V)\2^%A8G4A+/*&UAHU8NT;E/(-J/O!J_.LM>3/C?A/\
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M,XQ?,^:,5.RYN5<]7>>8% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M*R225Y-O1))=DDA]Q>WEVL"75W=7*6D0@M4N)Y9EMH5 "PP+(Y$,0"J J8'
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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MIB5AZ<E*<815;+<,VTI*4E1H5)U$W*R<%.IS04HOUSQ-<KXZ\0?\$_\ XO\
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M:N0U9F% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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MQ%>G!<L(5)QBNR4FDKO71+J1U9B% !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0!8^UW0M38_:;@61N!=FS\Z06INEC,*
MW)M]WE_:!"S()-N[:2N<'%1[.GSJKR1]I&+@IV7,HR<7**E:ZC)QBVD[-QBV
MKI%JI.-.5)3E&E.492@FU&4J:FH2E'9R@JE11;5XJ<TK*4KUZL@* "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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MO_\ F@_.BOMSR0H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M@ H * "@ H * "@ H * /XZZ_L<_F(* "@ H * "@ H * "@ H * "@ H *
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MW?:2ZVTY:<K^JNK:WL=<<AXGG;V?#>,][5<\L+3TM?7FQ'NNW1ZWTW.AMO\
M@FU\;YDW/Y$15RNW.A+@  Y N/%,+'KV7''7KCGEX@<+Q=O[17RHXI_C'#M&
MBX8XQ?P<,U++^;&X"#^YXB]O,ZVR_P""8?Q-9W%YXDT]%"@H1%80#<#@@F/6
M+LMQ_LH..O:N.?B5PY%+DJ5I>2H3_P#;N1?BSLAP7QA+1Y;A*5NL\=%KT7)1
MD[^NAT]I_P $N?%+B'[5XNL(RV!*#?"+;R03B+1;G:.A^4R_GTYI>)^1QO:C
MBI\NW+1AKZ<V(C^-C9<!\82M[N5TK])XK$/E]>3"N_R.DM/^"63%7^W>.E1P
MPV?9-1,BE<<[_.\'QE6!],_ISS3\5,KC;V6 Q4EUYHT8?<E7G?[T;T_#SBII
M^UQV546ME#ZY57S;A1MZ6?KT.PM/^"7?A)'S=>+YF39C:%O)0KY4\!);8G&&
M&2W?[N>G%+Q5HI?N\JJR:?6M3CI\J<ONM\SKCX:YT[*>?82EYPP523OVM+$Q
M5O/1Z;'26?\ P3$^&$7DF\\1W,X5LS1K8ZNI=0Q^43)XLC"DKCD1#!['&3SS
M\5ZNJIY/;^5RQ2W\XK"[)]%)>J-8>&&87C[7BE15_>C3RV"=O[LIXJ5G;JX2
ML^C.KLO^";GP0M4=));^;<VY25N6(P ",WFJ7+8XZ*RCVR<UQS\4\R;7)EU&
M*6Z=2H__ $E0M]S.R'AA!+][Q%BY/IR4,+!?-.G._P!Z.KMO^"??P @8F33;
M^4;-NT0:!PV0<C[1HDX X/ 4'G[W4'EEXGY[;W,+A(V[K$/3Y8B/]=#5>%V6
M?;SS-FE_+5PL-?7ZH]/+\3J-/_8>_9ZTXP,GA))Y( P$TUMH<<S[@RG?+::)
M P.UB,H4R!@YR<\M3Q(XDGS)/#4D]E&E-I>GM*L^W6_Y'52\,N'Z:BJF*S/$
M<N[J8V2YO54H4DK=.51V7G?K+3]D[X$V2A(O!<)VR>8I^UW4)5AMQ@6LD2C!
M7.<;N>O QR2X^XFD],93AI:RP]'[_>A)_IY'0O#;A.WOX3$57WGCL9>W;W:T
M5;Y7UW.GL_V>O@Y8&3[+X(LT\P*'\S4M<G!V9VX%QJCA2-QY&.M<L^->)ZEK
MYK*/+MRT</#[^2C&_P ]C>GX=\&T;VR2$K_\_:^+JVMV56O/E\^6U]+WLC>A
M^#WPOMROE^!O#S;5VCSK%;D8  ^87!<,W'WCD]\YKDEQ1Q#.]\XQ2N[^[4<?
M_2;67DM#NAP7PG3MR\/8%\JLN:A"?W\ZE=^;U\S4M_AM\/+4QF#P+X0C>([H
MY!X;T=ID.2<B9K,OD9.#NX' X%<\\^SR::GG&-DI;Q^M5^7_ ,!4[?@=5+A?
MAJ@XRI</Y;"<-8R6"PW,GY2]GS?CY&U!X:\.6HVVWA_1+=0V_;!I5A$ X &_
M$< ^;"KSU^4>E<D\?CJG\3&UYZ6]ZM4>G;63TUV/0IY;EU%6I8##TE>]H4*4
M==-;**UT6ODC6BMX+?=Y$,4&[&[RHTCSMSMW;%&<9.,^I]:YI3G*W-)RY=KM
MNWW['7&$(7Y(*-][)+;;;L2U)04 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0!_'77]CG\Q!
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 7DTS4G17CT^^9&571TM)V
M1D8 JRLL>"I!!!'&*GFBM.9*W2Z%S175*WF71X:\1D C0-;((!!&E7Q!!Z$$
M0=,4O:4_YX_>C/VU%?\ +V"M_>C_ )EL>"_&)(5?"?B8DD!5&@ZH22>  !:]
M<T>TI_SQ^]$?6L*O^8FDDO\ IY#_ #+<?P\\>R.L:^"O%2EC@&30-4A08_O2
M2VJH@]V8"AU*:^VM/._X(GZ]@E_S&4-/^GM/_P"2+\?PJ^(LC!%\'ZTI.>9+
M;R5&!GEY651^)^E3[:FOM?@_\B'F. BO][I:=IQ?X)MEV/X-_$R4D)X2OEVC
M/[RXTZ$?@9;Q03[#-+VU)?:_!_Y$/-<NC_S%0^5W^29IVGP"^+M\'-GX+O9Q
M$5#^7?Z,=A8$KD'4AU /Y'TK.>,PM*WM*\*=]N9\M[=KVO8NGF&%K7]A*==1
MM?V5&M4MVOR4Y6O;2]CH+7]EWXX7<*S1^![]58LNW?#*05..7M7EC]\!SUYP
M>*YYYOEE.7++'4(M='5IK\')/\#IC.I-<U/!8R<>\<%BVM/-4>ANQ?L??'N6
M..1?!=\%=58?Z'JK !@#]Z+3&4XSU5F'H36#X@R6+:>9X6+CNGB:":^7M-#1
M4\>U>.2YG*+V:R_%6:Z-?NMF;L'[#_[0TTJ1#P==Q%SM#SZ5XIBB7C@O(WAS
M"#C&3Q6$N*>'H)R><8.T>V*P\G\E&JV_DC2.#SJ4E"/#><7>BYLOKP7SE-1A
M'UE)(Z"S_8"_:$N)&CET*W@"IN5A'JO)#*NTF[TRV0<'. ['C[N 2.:?&?#4
M$G_:U!ZVTG?\(J3^=K'5#)N(INT.&\P36OOTZ--6]9UDK^6^[Z&_:_\ !.OX
M[SHS26<$+*V-NVW4$8!!!N=0@8G.1PI P.><#GEQWPS"R>9TWZ1K2_\ 2:3M
M\S1</<5R_A\-8FT?YZV#IOY*6(U7FC:A_P"";'QNDC1V-NA8<KN\/@K@X/RR
M^+(W[?Q(M9/Q!X6B[?VBM.U#%M?>L,TRUPQQDU>/#,[=+X[+XOYIXBZ.EMO^
M"8GQ2,T8N?$>GK#\V\BWTZ(C"MM^==?N"OS;>D+YZ<9R.67B3PW&+Y:M:36R
M5&I^JBOQ1UQX,XP;4?[*PU/^]+'P:7JHTG+RT3.AM/\ @EYXS;?]J\5V"8V[
M/])BBS][</W=G<[OX>NS'OGCFEXG9#&W+#$R]*"T_P# JT?PN;+@7B^6U'+J
M5OY\75=_3DPSM;S-N#_@EKK;1@S>--/23)!4ZI,G /!VQ^$9@./^FA^@K%^*
M62Q=EA<9)=U1HV_'%)_@6O#_ (P?_+W*(>4J^,;^^.$:.DM?^"6=@DD377CJ
M=D&/-C%V)$R5P0H3PW;NP#=/WD?09]*Y9^*N L^3+<1=;7=*/W^_*WW,ZH^'
M/$GNJ>:9;!=7&CBI->B<X)_/E^6QTEI_P2\\'1[_ +5XNG8';L_=7LF,;MW$
M=U;8SD==_3C'.>:7BK35N3*JCMO>M3C^5*7Z&Z\-,Y?Q9_A:=MN3 U)??S8E
M6MTL;<'_  3#^&JQJ)O$]PTBD[O^)=JSY&XD99/%L(Z8'$:_B>3B_%>:?NY,
MVEWQ<4_N6$?YE+PPS-K7BF$'VCED6OO>,3_ ZBT_X)K?!.VF$CW.H2J%92A_
MM%\Y'! NM=GC!!QSY9/H1G-<D_%3,'&T<LHQ?1NK-K[E"+_$[(^&%G^\XDQ4
MH]HX;"P?E[SC*WW'0VO_  3O^ ]NK+);7\N6R#Y5@<8 !&;FWG;MV91[=ZYY
M>*&<:<F"PT4NC==_E5C;\35>%^"_Y>9]F4FMN3ZK!?-?5I7]3H+7]@;]GNV,
M+/HEY.8=FY);?PRT4NT $.K>&RY4XYS(6_VL\UA+Q-X@::C0P<+[/DQ#:[;X
MEIM><;>1K'PNR>+BYYQF\^5W<?K-"$7W7N82,HI_W9IKHSIK+]BK]GRP:0P^
M#+<>8%# 0Z9;_=)*DFSTR$MC)^\6 SP*Y)^(O$L[?O:$>7M1O_Z5*7X6.J'A
MIPY&_-4S"JNBGCJVGIR.'XW.CMOV4?@5:)%''X*@(A.5/VV]B/#EA\MM-$JX
M)Q\BJ>,]>:YY<>\3-NV-A'R6'H67_@5-OSU;^XV7AMPFE[^#Q%1]7+'8R[]>
M6O%;::):>9T5I^SO\&K&1I;;P/:*[(8VWZGKTZE2RM]R?574'*CY@,CD9P3G
MGGQMQ1-*+S644G?W:.&@]--X48MKRO;RT1M3\.N#*4N99+&3M:U3$XRK'H](
MU<1.*>GQ))I75[-WV8?@M\*X%")X(T1@IS^^BFN&R?5YYG8CV)Q7-+BOB.3N
M\WQ"_P ,E%?=%)'7#@?A&FE&/#^#:7\U/G?WS<F_1NQJ1_"WX;0MN7P%X1)Q
MC$GA_2YE ./X)K9ESQUQG\ZYY<19^U9YUC5;MB:R_%33.F/"7"T'IP[EOSP6
M':^Z5-HTX/ W@FT01VO@_P +6T:L6"0>'])A0,>K!8[0 -P.<=JYYYOFU1WJ
M9IBYO:\L36;MVNYL[*619'0BH4<FP-&$7=1AA,/!)]THTTDS7BT;1[=BT&E:
M; Q&TM%8VL;%202I*1 XRH./8>E<LL5B9JT\15DEJDZDVK^C9VQPF$IN\,+2
M@]KQIP3MVT2[%^...%1'%&D2+G"1JJ*,G)PJ@ <UBY.3O)N3[MW?XF\8Q@K1
M2BELDK+[D/I#"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M$8O:ZBE^2)Z@L* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
1 "@ H * "@ H * "@ H _]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g853797dsp14a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp14a.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M P$  A$#$0 _ /SGK^QS^8@H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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MOS>RES<C2:M*+3M=:22>QS]6;!0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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MVK*E_P O/*<OT./"?Q,<]D\0[?*C1B_QBS@:U.P* "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M&K[*K+FI^TDH0O&I"ES7FU'EIN<UK/E]G&<X^'_#[P+KOQ+\:>'O ?AD6?\
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M8;#8W-:=65/%.7+.MR8"CB>6LU3<Y<\/WO-6E-TJC=*#Y7.<L?\ ;E_9(N/
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MI2?M(ZRWF_B^U)M_,YK_ (0SQA_T*GB7_P $6J?_ "+5^TI_SQ^]'1]:PO\
MT$TO_!D/\SJ;K2-4T;X8WL>JZ;J&F2W?CS1V@BO[*XLI'CM/#^O*\BK<QH70
MM=J 5!&8VR:A23K>ZTTH='_>\CGC5IU<?3]E4C-4\/5NXR3^*I1MLW;X&2^
M-,U(:%XZU[3=.O=0O(-&C\-Z=#96LUU,+GQ+-]FO;B-;>-Y%:#1X+_+*O'VE
M 2-XI56N:G!M15^9W\MOD]4+&5*:JX.C.HJ<95'5DY245:BN:*UMO4=-I?W7
MVTY'_A#/&'_0J>)?_!%JG_R+6GM*?\\?O1T_6L+_ -!-+_P9#_,/^$,\8?\
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M"$N9KF46K%/3+K5=!_X)D>(H[6ZNM,O%^)$VF7C6ERT,IB;QKID%Y:M-;O\
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M^#?AOX+^*_[87ARYMSJ?Q-^$/@C2?"[!468:M?17D6FW 8 ;GF&H^&VE4,6
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MDWB3_H8-;_\ !K?_ /Q^I]G3_DC]R_R,_84?^?,/_ (_Y!_PDWB3_H8-;_\
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MBJM3'U93S"O5Q+Q#C&O5G.52LZ7NTYM2G*\IQHIJFI2BKQC'FA'5>X?M<?M
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MI48Q=Z=+V&'KTY3FVESRAB(J4%&T'%^_.^GSQ7TAX04 % !0 4 % !0 4 %
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M33Y:3>)Q.']FI2LZEOJ_-S\L/CY>7W>:7AE?1G@A0 4 % !0 4 % !0 4 %
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M8[^U,US/,_9>P_M'%XC%>RYN?V?UBM.KR<_+#GY.?EYN2/-:_+&]E[-^S?\
MM%^(OV=/%FI:WIFD6/B?P]XCTT:/XK\)ZE,;6UUJQC9Y+9X[P6]Q]CO;=Y9U
M21[>XC,=W<1O"PE!3@XDX>PG$N6_V?BI.C*G-5:-:*4G2G;EE[C:4X3B[3A>
M-W&#4DX(VR/.<5D.84\PPGO3C%PG!R<5.#<9)<RNX3C.$)PJ).47%JSC*2?9
M_M ?M"?"KXH^&=+\+_#O]GCP;\+4L-5DUB7Q!8-:_P!MM-.@CNK2V31=,TV
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * /<_@#\
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M&EA\7B:%#$+%T*%6I3IUXQ<(UH0FXPJQC*[BJD4IJ+;:3L]45JU.<* "@ H
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M1K-X4\2PMX-9$\7++H6J1GPJ\ES]BC3Q&'M0=#9KS]P!>^03+^['S\5R1S#
M2IX2K#'8>5+'RY<+-5J;CB9<O-RX>2E:M+E3E:FY/E5]CM>6YC&M6P[P&)C7
MPU+V]:DZ%55*5#V:K>VJ0Y>:%+V+57VDDH>S:G?E=RQX8\ ^._&RWC>#/!7B
MWQ<NG&!=0;PQX<UC7UL#<B4VPO#I5G.+4RB";8)-N_R7VYV'#Q6.P. 5.6.Q
ME#!1JN2INO5IT5-PY7-0=245)Q4H\R5^7FC>UT8X;"XK&3G3PF&JXJ=)1E.-
M&G.I*$9-J,I1@I.*DXR46TDW%I;,P=3TO4]$U"[TG6=.O](U2PF:WOM-U.TN
M+#4+*=,;H+NSNHXYK:901E)$5AD<5K0Q%#%488C"UJ>(H5%>%2E.-2G))M7C
M.#<9)--73>J:Z"KX?$82K+#XJA4PU>GR\U.K"5.<>:*E'FA-*4>:,HRC=*\6
MFM&CIM'^&WQ$\0G31X?\ ^--<.L66H:EHXT?PMKFIG5=.TF:*VU2_P!-%E8R
M?;K*SN)X(KB>#?'"\T:R,K. >?$9GEN#6(>*S##858-4G7=6O2I^P592=%UN
M><?9*JJ<W2<^7G4).%U%VTH8'&XGZO\ 5L'7KK%SJTZ'LZ52?MIT.7VT*7+%
M^TG1YH^UC"[I\T>9*Z.,96C9D=61T8JR,"K(RG#*RG!5@000>F*[4TTG%IQ:
M336UNC373L85*<Z,YTJL)4JE*3C.$DXRA*+M*,HNSC*+3332::L]1M,@* "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M#4-<T_P_XF\+7,O]DMH?BS2O/U(7K>*;]+EH_$7BFQTU++4EAM1-)%JFK>:
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M6-3!Y?@<N<*E:KA9P4*D<#2Q49PPWM*=:/LTY4YN4>$TW]J=M/\ $VJ>(O\
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MS_A"? O@GP7Y/]H?;/[3_P"$.M!:_P!I>9]A@^Q_:\;OL^V?R>GFR]:^RRG
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M6M?V>43E9Z<V)A'3Y8>5O37U.A>&6:NW/Q+1I=^3+G.WDN;%QNO-V9V&F_\
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M=BEHMEHEHB>H+"@ H * "@ H * "@ H * /XZZ_L<_F(* "@ H * "@ H *
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M;&X11I'G'3(0#.,FN:4Y2MS2<K;7;?YG7&$(7Y(J-][)+\B6I*"@ H * "@
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MGI\;AL '4Y8\K@8^6/PG..N>2X^G&3A+Q2R2.V%QDO2C1_\ ;L4BUP!Q@_\
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MJ5OE8[8<$\)4^7EX?P3Y=N:C&?W\_-S?.YIQ?#'X<0#$?@+P=][=F3PWI$K
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H _CKK^QS^8@H * "@ H
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M_P#X5=\1/^A.U[_P!DJ?;4_YOP?^1/\ :&!_Z#*/_@R/^9;7X0_$D@$>$=3
M(!&3:J0",C*M< J?8@$=Z7MJ2^UMY/\ R(_M/+UI];IZ>997X+_$YE##PG=
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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MW_X(]+_^1:Q_M3,_^ACBO_"BK_\ )G5_8V4?]"K!_P#A-1_^0+O_  C^@_\
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
9* "@ H * "@ H * "@ H * "@ H * /_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g853797dsp78.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp78.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M?:19R,%%VS1SPJ20!O,;$IUZD8H [%6#*&!!!Y!% "T % !0 4 % !0 4 %
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MX?Z5/'9:?'H45R#M55:(RD_4_,3]: .N4!0   !Z4 +0 4 &: "@ H * "@
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MTW0]:U*35M"NIO+N&MHR+]U"LP1E4X=3M&YE . <CG- "ZMXAN&\(7EOX?\
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/J )J "@ H * "@ H __9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>g853797dsp78b.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp78b.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MI?'WAZUNIXX+'2H9=3N6D8*J@82,G/3YB: +5K\4O"MW>QV\=Y*L,C^4EW)
MZ0,_]W>1P?KQ0!K>*O$8\.:4LL5NUW?W#B"SM4^]-*>@]@.I/H* .:TN;Q/I
MWC;1K/5]:6]DU"VGENK2.%5BM@H7;L(Y/)QDGF@#T*@ H * "@ H * "@ H
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MT32N?8#)H XZZNK[Q4MIX98F-F@CFUJ2/CRE89$ _P!INA]%!]10!SWBWP3
MWC&UT[3+I]/TK5(&GU6WA&U/+@*X8>A.X#]?6@#&UVYL?#GPS\)6CQ&"&_U!
M;^2(98B'>9,<]<!D'X4 ;^O7FH>,/".HZW?+)IOAJ"W>:"S#CS;T@94R$?=7
M./E')]>E %_P;I?]MZ/H\;(5\/:7$GDH1@7TX&3*1_<#9*CN>>PH [71-;M-
M>LI+JS#B*.>2 [QC)1BI(]N.* -*@ H * /*;L_VM\;K:5V8_P!FSI:PKG@
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M:[?YP09#"%'XD GZ&@"EX N+;5;KPJ+8A8-!M;B]U&Y;@"67<NTGUX+?3Z4
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/!.B+&BH@"JHP .PH __9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>g853797dsp80.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp80.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M,WL N>>V10!!I_B#PMX$TJT\,6MTUVVG0$W'D /Y*C)>25LX3)R<9R<X /%
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
&4 % '__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>g853797dsp81.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp81.jpg
M_]C_X  02D9)1@ !  $ 8 !@  #__@ ?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP"$  @&!@<&!0@'!P<*"0@*#18.#0P,#1L3%! 6(!PB(1\<
M'QXC*#,K(R8P)AX?+#TM,#4V.3HY(BL_0SXX0S,X.3<!"0H*#0L-&@X.&C<D
M'R0W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W
M-S<W-S<W-__$ :(   $% 0$! 0$!           ! @,$!08'" D*"P$  P$!
M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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%@ H _]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>g853797dsp85a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp85a.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MF>#(<CKD*.3R0* *-]HFFZ;?:%I.FVZK<S7PO)IF)>5EB4EI'<Y9B253)/\
M'B@#M: ,J\\-:/J&LVVKWEA%/?6R;(I)!G8,YZ=,Y)Y]Z -4# Q0 M '.^(=
M#EUK6M 9AFRL;EKJ7YL$L$(0>_+?I0!T(&!0 'CF@#C_  ^/^$C\37OB5_FL
MK7?8Z;Z%0?WLH_WF&T'T3WH Z+6=-_M?1[G3C<RVRW"[&DB.'"G[P![$C(S[
MT 36-C;:;8P6=G"D-O @2.-!@*!T% &7XOUI]!\,7E[ N^[*B*UCQDO,YVH
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BC2)%2-0B*,*JC  ]* '4 % !0 4 % !0 4 % !0 4 ?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>g853797dsp85b.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797dsp85b.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M:*.+S)",F*,A200,;F+'&<8ZT 7[;X6Z)HEBD)\2Z_#8P@XC;4S%$H)R>%
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0]!0 Z@ H * "@ H * /_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>g853797page004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page004.jpg
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M'Q\?'Q\?'Q\?'Q\?'__  !$( T@"B0,!$0 "$0$#$0'_Q #0  $  04! 0$
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M']Y>L!O']Y>L!O']Y>L"9[7>=])W[I59#D[;NE2RJDD
M
M               )Q19#D[;NE2RJDD
M
M  )Q19#D[;NE2RJDD
M                                                 )Q19#D[;NE2
MRJDD
M                                    )Q19#D[;NE2RJDD
M
M                       )Q19#D[;NE2RJDD
M
M          )Q19#D[;NE2RJDD
M                                                         )Q1
M9#D[;NE2RJDD
M                                            )Q19#D[;NE2RJDD
M
M                               )Q19#D[;NE2RJDD
M
M                  )Q19#D[;NE2RJDD
M
M     )Q19#D[;NE2RJDD
M                                                    )Q19#D[;
MNE2RJDD
M                                       )Q19#D[;NE2RJDD
M
M                          )Q19#D[;NE2RJDD
M
M             )Q19#D[;NE2RJDD
M
M)Q19#D[;NE2RJDD
M                                               )Q19#D[;NE2RJ
MDD
M                                  )Q19#D[;NE2RJDD
M
M                     )Q19#D[;NE2RJDD
M
M        )Q19#D[;NE2RJDD
M                                                       )Q19#
MD[;NE2RJDD
M                                          )Q19#D[;NE2RJDD
M
M                             )Q19#D[;NE2RJDD
M
M                )Q19#D[;NE2RJDD
M
M   )Q19#D[;NE2RJDD
M                                                  )Q19#D[;NE
M2RJDD
M                                     )Q19#D[;NE2RJDD
M
M                        )Q19#D[;NE2RJDD
M
M           )Q19#D[;NE2RJDD
M                                                          )Q
M19#D[;NE2RJDD
M                                             )Q19#D[;NE2RJDD
M
M                                )Q19#D[;NE2RJDD
M
M                   )Q19#D[;NE2RJDD
M
M      )Q19#D[;NE2RJDD
M                                                     )Q19#D[
M;NE2RJDD
M                                        )Q19#D[;NE2RJDD
M
M!51-:@?-XSO)UA.DOF\C[R=8-)5(J+JT]&D(5)'*NJ-Z]#7+_B K2EJUU4\J
M]$;_ -P@UA4E#7KJI9U_DI/W!J:QUP^_=]Q_8ZC]3)^2-4:QUP^_=MR_8JC]
M3)^2-3M1UP?=ES_8JC]3)^2-3M1UP?=MS_8JC]3)^2-3M1UP?=MR_8JC]3)^
M2-3M1UP^?=]Q_8ZC]3)^2-36.N%*T5<FNEG3^2D_<&J=8ZX?%IJI-<$J=,;T
M_P 0-84+'*FN-Z=+53_$2*55$UZ.D"G>1]Y.M G27W>,7WDZP:2^XISA
M3BBR')VW=*EE5)(
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M.D]?NA-\5:/_ "UW]JD_)*:+:3U^Y9I.V[I4NA22
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M$HZ&GID34D,3(_Q40PS>T\Y98K$<H3"JP
M              #X^..1JM>U'M76UR8I\(U%LJLJY7J\?%6>BJ,=>]IHG_C-
M4R1FO'*9]JDXJSSB%BK.#O"ZL55FRS0(JZUCB2)?^[V#-7>YH_5*D[?'U(O_
M "+X4?\ #\7ZVH_TA;_(9OW?!7^)CZOBXTD[;NE3UCS2DD
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M]I+-:J1NS34D42)S,3'K,%L][<YEFIML=>583#$S@
M                                    /SYD[;NE3W#R2DD
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MNM$Q,=LMK<YF66F"E>[$0E&-E
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M$3!$T(B&%L
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MN..]>F\DQ^6_:=\)2V>]N<KTVV.O&*QKY=*>8F<
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M3K,=J?/Q^*Y(B(B(B8(FA$0P-D
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M4U^LQ7R6MSG5FQXJ4[L1"049
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M2L]^9OZ>7LY+E####&D<+&QQM[+&(C6IT(A@F9F=9;-:Q$:1P5D)
M
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M1D;48QJ8-:U,$1/0B&"9UYMF(B(TA](2
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M&"&"-(H8VQ1-[+&(C6IT(A@FTS.LMFM8K&D1I"LA8
M
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M'[O=^;#_ )/^GW_DZ".&ZH
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M<K6UC&I@UJ-3F1,#*Q3.KZ$)Q19WT>)>K
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MJ<R)@9F*9U?0@    $XHL[Z/$O5@
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MB(CA#4M>9YJ250        !.*+.^CQ+U8
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MG:7.UJJ\ZKRFXU9F9?0@            "<46=]'B7JP
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MQT;35Z<#0W.SOA[W+K;6'<5R<F9FHS@
M             $:NN=!0,1]7,V+:7!C5Q5[UYF,3%SE]"(7IBM?E#%ES4I'U
M3H@>)OMPT4L*6RF7_6*EJ/G5/P($7!OSU^:9NSCISGM3U1R]OR]K#V\N3NQV
M(ZYY^SY^Q[TMCM]-+XJ7:JJMNGQE2[>/1-?LXX-8GR40I?/:T:1PCJA>FVI6
M>U/U6ZYX_P"GJ8=F_CMP[RVZ2!U?]Z7!FCP5OPG<CL-3Y$5(F>MV/H-C!X?E
MR=&D>=&7=TITM+9L\R^=[MMP62&*PTCL421N%15*B_PCTW;?FL]9UL/A..O&
MWU3[G.R^(VGN\&JKC<+A<ZMU;<JJ:NK'Z75%3(Z5_P!)ZKAZCITI%8TB-(<^
M^2UN<HY90                   "<46=]'B7JP     ,:S!PXR;F&^T%[O%
MMBJZ^W(YL+GIBQ[57%J3,U2HQ=+$=BB*JFQCW62E9K6=(EBOAK:=9ADD<<<;
M&QQM1C&I@UC4P1$3D1$->997/'FKL%IHH+/F2BC92WF2H?#--$FP^5&1K-'(
M[#6^)[-#M>GH.YX/DM/:I/&NCF[^D<+1S;XM-P=)E^CN%:Y&.?215%2Y="-5
M8T>]?5I./>OU3$=;?K;Z8F>ISWPKLL?%3B5>\ZYAC\5:J"1B45#+[4:JJKX:
M)S5T*R&)NVYNISW8KRG;WE_X^&N.G.?*7.V]?NY)M;E#I)(XTC2-&HD:)LHQ
M$3######F.!JZCG#C3EQO#?.EEX@98B2D@GG<E;21)LQ;Y$VI&HU-",J8=M'
M-3WDQUG>V.7[^.V*_'R_!R]S3[=XO7R\OFW1FRPR9VRM2PVR^5EDBJEAK&5U
M [8E?"YBJD:KBGLN1Z*NGD.3AR?:O.M8MT<6_>O;K&DZ.;.)G#2GR)FW+D,=
MSJ+K)=*AD\\]4UJ/1T51$U/:155V.WRG?VFZG-CMPTT<K<8.Q>.+IOB%?Y\O
M9'O=ZI_ZS14<LE.JZ4279PC54]#E13S^VQQ?)6L],NMFM-:3,-4>6?(EIFL<
MV<KG$VNO%552QTL\Z;Q8FQNPDD;M8_:2R;2N?KPP]./2\5W%HM]N.%8AI;'%
M$QVYYRWNYK7-5KD1S7)@YJZ45%Y%.,Z+G'C/8*+ASGK+F><N1MHF5-2Y*ZCB
M38B5S,%EV6IH1LT+G->U-&*(NL[VQR3GQVQWX\.'EYG+W-(Q7B]71T;V2,;(
MQ<6/1'-7G1=*'!EU'T                                        (M
M?=*"@:U:J5&.>N$42(KI'KS,8W%SEZ$,F/%:_*&++FI3O3\_8@[V_7'\TS[J
MI%_22(V2J<FC4S3''\[:7T&73'3G]<^[YRPZY<G+Z*^VWLY1Z]?0\ZI^5LKT
MLESN=7%2IAA+<:Z5-X[!-6V]<?FM]2$=K)EGLQ'JCDM3#CQ?5T]<\VJ<X>:.
MQ4BOI\JT#[K,F*)75.U!2HO.UJIO9$]3>DZ&#PBT\;SI\6OE\1K7N\6DLV\3
ML]9K5[+Q=9%I'+_N^F^PID3F5C%Q?\]5.OAV>/'W8X]?2YN7=WOSG@Q9K6M3
M!J(B)J1-"&TUID"                      "<46=]'B7JP      &-YXXA
MY7R7;?&WNJ1DCT7PM%'@^HG<G)''BGK<N#4Y5-C;[:^6=*PQ9<U:1K+1]HLF
M;^-^;*;,-^IW6W)%O>OA*;%<)(T<BNBB5<-XZ16HDLN&&";+3KWR4VE)K7CD
MGR_TAHQ2V>VMN%8\O+RAO'B+.ZDX?9CEA39=%;*K81-&'V+D3#H.1M8URU_W
M0W<\Z8[>B6OO*M311\.JJ9J>W-<IMM?0R*)C4^ W?%Y_[8_VM?P^/HGTMR'*
M;S4_F;@9+POD>Y-,-=2O9TJ]6+\#U.EX3/\ W>J6GOX_ZV4<'JB2HX799ED5
M5=X"%F*\S$V$^!IK[V-,UO2S;?\ MPU-YF?_ 'ODKY2_[5 =+PK^W?RZ&GON
M_5O'.67VYBRI=K&YR,6XTLL#)%U->YJ[#E]".P4Y&#)V+Q;JEOY*=JLPY_X+
M\5:;(*UV2<ZPR6Y*>I>]E0K'/W$K\-Y'*UN+MVY4VV/:BHN/-@=O?;.<VF3'
MQX.;MMQ&/Z+\&Y9N,O"V&F\0[,U"L>&*(R3;>O\ )L1S_@.5&QS3.G9EO3N<
M?6YUXW\19<_U-%-:Z2:++-#))24%5,S96IK)$;O%1.399LHC=:8XKAC@=SP_
M:_9B>U/US[H<S=YIO,:1],.MK? Z"@IH']N*)C'=+6HBGFK3K,R[-8TA[E4@
M                                    "-77*AH(DDJYFQ-<N#$7%7.7
MF8U,7.7T(A>F.UYTB&/+FK2-;3H@;Z^7'\PQ;72+^FF:CJER:.S%I9'TOQ7\
M$S=G'3G]4^[V]/J]K7[67)R^BOG[WLZ/7[%GOV:L@9$B=4WBX1Q5TC<?M'+4
M5TVCD:FU(J+AR(C4]!>E,V?A6.'LB$Q7%AXSWNN>,^7N:9SEYHKU5J^FRE0M
MMU/I1+A6(V6H5.=D**L;/G*[H.I@\(K'&\Z^:&GF\2Z*M-7B]7B]UJUUXKI[
MC5KJFJ7J]4]#47V6)Z&HAUL>.M(TK&D.;DRVO.LRA%V,
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M/FJ)5VI9Y7*^1Z\[GN57+ZSIQ$1&D.?:TSS4DJ@
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MU4RI)<*][4:^>1$P30G98U-#&)J3TJJKR]UNK9K:SRZ(;F##&.-(98:S,
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MJ \)[?05$T<U1313318I%)(QKG-1=>RJHJIJ+1:8Y2B:Q+W*I
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MN7TS'62U$T<U&Z-\F[CWC%WF#$5>TB-,_P!NE]O2+6[,,7;M7+;2->?Q=#Y
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M55654M963R559.NU/4S/=)(]R\KGN554Z-:Q$:1PAI6O-IUEY%E0
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M??F]YTUU;&?%/VXK"1F+AH_,G!2WV5]&E/?Z*W4LU*Q[6M>VLIX$18GJG?\
M:C=IY<2,>Z^WN)MK],S/L1;!VL,1TQ"Y<#JS-KLDP6S-%MJ[?<;2OAHI*MN"
MS4^&,+D7%<58WV'='I,>_BGW.U28F)9-MVHKI;H8UGS*^9:SCYE*]4ELJ)[1
M1PQ-JZ]C46*-4?.JHY<>3:3K,^WS4C;7K,_5/Y,.7%:<T6Z.'Q;G.4W@
M      AW.[T5NCVZA_MJBN;$W!7JC=:Z51$:G*YRHU.53)CQ6OR8<N>M.?.>
MCIEH?B'Y@Z%JR45F;'=9T7#!KE^[HU1?TCTV7UCOP6[,7I<=O;>'S''EY^GU
M?M^/H<K/N>UW_P#C'+_U3T^CEZ6C+]F*^9@K_'WJMDK:EJ;,2OP2.)G<AC;@
MR-OH:B'6QXJTC2L:-+)FM?FMQD8@
M       3BBSOH\2]6
M    !K3B)QQRQE9)*.FF2NNJ(J;B#!ZM75I7'93I=HZ=1T]KX;:_&W"',S[^
M.5/;T>KK^#FO.7$C,^;)96UTZP4$BXNH(G+L/PU;YZX.E5.1%]E.1J'>P[:M
M.7EZ/+5S+9IG73IYSTRQ8V&
M     !.*+.^CQ+U8
M 6^^W^SV&VRW*[U<='10IB^61</4U-;E7F0RX<-LENS6-98<V>N.-;3^?H<S
M<3?,)>LPK+;,MJ^UV5<6OJ=55.W_ #;5YDTGHMIX=7%QM]5O='H</<[NV7A/
M"O5\_E'#TM0<JJJJKG+BYRKBJKSJJZSI-0
M                  3BBSOH\2]6
M            -=<1>-V5\H1/IXG)<[PJ*D5%"Y-E'?PCTT(B<IT=IX;?+QGZ
M:^7)SMSXA6D]FGU6]T>GY<W+><\]9ESC<O'7RI61&JOAZ1F+8(4YF,Y_PETG
MH\."F.NE8TAQKWM:>U:=9\N75"P&50
M               )Q19WT>)>K
M       6Z_9ALU@M[J^[5+::G148U5Q5[WKV61L;BY[UY&M15,F+%;).E8UE
M3)DK2.U:=(<Y\3/,#=;FLULL*+0TFECU1R+*J+H^U>Q<$7^#8NCWG+V3T.T\
M,K3C?ZK>Z/FX6YW]\O"OTT_]T_*/>TO+++-*Z:9ZR2O7%\CEQ55.HTHB(C2%
M                                                3BBSOH\2]6
M                                      !KSB%QCLF6%GM]!N[E?86X
MSP[>Q34B.[+ZR9-K8]$;<9'<B<IO[387R\9X5\N34W.\IBCKGJ<Q9PS]?,R7
M"2JJZR2HE<BL6I<FZPC77'3Q(JI3Q+RHBJ]_ON74>CP;>F.-*PX.;+;).M_5
M'1'SEBZ(B)@FA$U(9V,
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M=45,BRS.1$VEP1$:FIK6IH:U.1J:$-MJQ$1&D/(D
M                               $XHL[Z/$O5@
M                 &IN*7'6@R[._+^6HVW?-+UW2L9[<%,]?WS9[<B?O:+H
M]Y4.GL_#K9/JMPI\6EN=Y7''G<WWB_5\MTFN==7+=LRSK_2+F]4?'3X?HZ=.
MPKFZMI$V6>XG*>BQXZUC2L:0X.3);).MN7Q]/R6%5555RJKG.55<Y5Q5572J
MJJZU4R*O@
M  G%%G?1XEZL                                 #SJ:JFI:>2IJI60
M4\+5?--(Y&,8UJ8JYSG8(B)Z28B9G2$3.G&7./$WCW<LP33Y>R*]U-;\'>-O
MJJL3WQIH<Z-RX;F'GD7VE]W#E[^S\,BOU9.?4Y.[W^G"K3$M734L#Z.UN562
M(K:JO5%;).BZV,1=,<2\W:?[W,=C1R)UF=;>7Y_! 1,-":B4@
M                                           3BBSOH\2]6
M                         "T9IS98<K6>6[7NJ;2TD6AN.E\CU[,<3$TO
M>[D1/B,N'#;);LUC65+Y(K&LN5>(?%',7$6IEB<[[HRG2.1SJ9RJK=?L/J5;
M^=E=[D3="?6/2[395PQKSOU_)PMUO9OPCEY>6K!:ROC?#X*C8Z"WHY'*QRHL
MLSTU23JFM>ZU/9;R:=)O:-&(Z9Y^7)")2
M                             G%%G?1XEZL
M          ,-XD\4\O9$MR2UJ^*NE0U5H+5$Y$EE5-&TY=.[C1=;U]6*Z#;V
MNTMFGARZV#/N*XXUEREF;,]_SM=)+_F6K6.BA<L<+(D^SBQT^'HXG+[3U3M.
M7I<NI#TV#!7%7LU>?W&YMDM^'S6"MKW5*1Q,C2GHH,?#4C%Q:S'6YSETOD=[
MSU^!-!GB&"(T]**2D
M              G%%G?1XEZL                              :LXN\<
M+9D^.2TVC=U^9WM_,XXPTJ.30^H5/>Y6QII7EP37T=EX?;+]5N%/BT]SNZXX
MTCFYBJJBMNU5-F',=7-5.JGJKI7.3?U;VZ-W%R,C9J5R)LL30W2>DI2*QV:Q
MI#@9<MK3Y_AY=7X+?6ULU9*U\B-9'&W8IZ>-,(HH^XQOQKK5=*EXA6(T1R0
M                                                         3BB
MSOH\2]6                             :)XQ\?X[>M1ES)TS9;DF,5=>
M&X.CIUU.C@Y'R\[NRSTNU=G8^&]KZ\G+JZW.W6]BO"O-S[!31,C^\[HKYFU#
MG204[G+O:MZK[4CWK[21;7:?K=J;SIWO-#AVM,SY^F>K\T6KJZBKG6>H<BO5
M$:UK4V6,8WLLC:FAK&\B(21$1PAXD@
M                             3BBSOH\2]6
M     !\DD9&QTDCD9&Q%<][EP1$32JJJ\@B!S3QDX_2W5)\NY/G=%;-,=?>8
MU5KYTU.CIEUMC[TFMWNZ-*^@V/AO9^O)SZOFY.[WWZ:M.TM)34=-'65T:/;(
MFU0V]=&]3DEEPTMA1?6_4FC%3L./,S,Z1ZY\NGX(M34U%54/J*AZR328;3E1
M$3!$P1K430UK4T(U-"!,1I&D/(D
M                           !.*+.^CQ+U8
M   /&MK:2AI)JRLF93TE.Q9)YY7(QC&-3%7.<NA$0FM9F=(YHF8B-9<J\9..
M%7FY\MDL+WTN5VKA-+I9+78<KTT*R'F9K=K=S'I-CX?&/ZK=_P"#C;O>S;Z:
M\O+R\N&MZ>G@HH(ZVNC2625-N@H':GIR33)R1=UNM_R3IN7,Z\(]<_+S_!#J
M*B>IGDJ*B199Y5VI)':U75R:$1$T(B:@F(TX0\R0
M                                         "<46=]'B7JP
M                B7:[6VT6VHN=SJ64E!2,62HJ)5P:UJ?X8(FM5T(6I2;3
MI'&91:T1&LN2.+G&*Y9YJW45)MT>5X'XP4B^R^H<U=$U1AUMCU)K73J]/LMC
M&&-9XW^#A;O>3>=(Y,*IX(:*".NKHTEEE3;H*%^IZ<D\Z?O2>ZWW_DF^YT\>
M$>OY1Y_@A3SSU$\E142++/*NU)([6J_X:DY M$:/,D
M                                             3BBSOH\2]6
M                  +??[_:+!::B[7>I924%*W:FF?U(UJ)I<YRZ&M32JE\
M>.U[=FL:S*M[Q6-9<A<5>+-XSY<=C!]'EZE?M4%M5=+E30D]1AH=(J:DU,Y-
M.*KZG9[*N&.NW6X.ZW<Y)TCDQ2F@@I((Z^NC25TJ;5!0OU2X+AOID_>474GO
MKZ,3<:$SKPCU_+T_!#J*B>HGDJ*B199Y5VI)':U7_$B<B<@6B-.$/,D
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M1$T(B:$0)B-.$/(D
M                     $XHL[Z/$O5@                    +7F7,MFR
MU9JB\7BH2FH:9,7.72YSE[+&-UN>Y=#6H9,6*V2W9KS5O>*QK+COB7Q,O6?+
MSXJJQIK53.7[LMB+BV)JZ-Y)AH=*Y-:\FI/3ZK:;2N&ND=[IEY_=;J<D^9CM
M'2T\<"7"O;M4FTK::FQV75,C=;45-*1,_2.^:FG5M-.9G72.?P_/J1ZNJJ*N
MH?45#MJ5^"+@FRUK6I@UC&IH:UJ:&HFH)B(B-(>)(
M                                               $XHL[Z/$O5@
M                 6S,F9+-ENS5-XO%0VFH:5NU(]=*JJZ&L8W6Y[ET-:FL
MR8L5LEHK7FK>\5C67'7$SB9><^7KQ55M4UJIE5+9;,<4B:NC>28:'2N36O)J
M3T^JVFTKAKI'>Z9>?W6ZG)/F8Y0T<+HGUM;M-M\+MA4:N#YY<,4AB7GY7N]U
M/3@;4RTYGHCG\//Y<WC65DU94+-+LMP:C(HF)A''&WLQQIR-;_VKI!$:/ E(
M
M       )Q19WT>)>K                  ! OU^M-@M%3=[M4-I;?2,VYIG
M]2(B)I<YRZ&M32JZ"^/':]HK7C,JWO%8UEQUQ0XGW;/EY2>9'4MFI7+]V6U5
M["+HWLN&ATKD^BFA.55]5L]I7#7^J><O/[K=3DGS,6H*)E1O)JAZPT%/@M5.
MB8N]KLQQHO:D?[J<FM="&W,M.9T]/E[E-=6OJY6+L)#3PMW=+2M7%L4>..RB
M\KE72YVMRB((C1&)2
M                         !.*+.^CQ+U8                 1;K=;;:
M+;47.Y5#*2@I&++45$BX-:U.7]Q$TJ6I2;3I'&91:T1&LN/>+/%6XY]NZ;"/
MI<O4;U6VT#M#G+J\1.B:Y')V4]Q-&O%5]3LMG&&O]4\_DX&[W4Y)TCDPNAHG
MU<SF(](88F[RIJ7]B*)-"O=S\S6ZW+H-V9:,SHKKZUD^[@IF+#;Z;%*:%W:5
M7=J67#7(_EYD]E-""((C3T^7N1"4@
M                                      )Q19WT>)>K
M    'C65E)14DU963,IZ6G8Z6>>14:QC&)BYSG+H1$0FM9F=(YHF8B-9<A\8
MN+E7GFY>#H7/@RO1OQI(%Q:ZID;H2HE3^;:NI-*Z=7J-CLHPQK/?GW.%O-W-
MYTCDU_2TL]74LIJ=J.EDQPQ7!J(B8N>]R]EK4TN7D0WVA,Q$:RD5U5 D+;?0
MN5U#&[;DF5-EU3,FC>N3D8W5&WD33K40B(GG//X>72@DI
M                                                        )Q19
MWT>)>K               /DDD<<;I)'(R-B*Y[W+@B(FE555Y!$#E#CAQC?F
M^K?8;)*K<KTK_M96XHM=*Q=#U_@6*GL)[R^TONGI?#]C]N.U;O\ P_-Q-[N^
MU]->7EY>7#5+&222-CC:LDLCD9'&U,7.<Y<$:B<ZJ=1S4^K?'0P26VG>CYY,
M$N=2Q<4<K5Q\/&O[VQ>VOON]"$*QQX^SY^7);B5@
M                                                   !.*+.^CQ+
MU8              !S/Q]XR_>TL^4,N5'_ZJ)RQWBOC7^L/:N"T\;D_1-7MN
M]Y?9[../H/#=CV?^R_/H^;D;[=_IJT>JHB8KH1#LN2NB[5I@P[-WJ&:>>E@>
MFKT32M7YC?2I7FKWO]OQ_*/>M:(B(B)H1-2%E@
M                                                   G%%G?1XEZ
ML             !H;S <9'439\FY;J,*YZ;%ZKXETP,<G]7C<GZ5R=M?<31V
ME]GM>&['M?\ 9?ET1^+F[W=]F.S7FYP:U&HC6I@B:$1#ON),KC1L90T[+G.U
M'S/5?NRG>F*.<U<%J)$Y8XU[*>\[T(I"L\>'M^2 ][WO=)(Y7R/<KI)'+BYS
MG+BKE7G525E(
M                          G%%G?1XEZL            #4_'/B^W*5O6
MQV65KLSUT>.VF#DHX7:-\Y/WQWZ-OSET)IZ?A^R^[/:MW(][2WFZ^W&D=YR@
MKG.<Y[W.>]ZJY[W*KG.<Y<7.<JZ555TJIZ5P)F9G64RWTD#VR5E9C]WTRHDB
M-7!TTBIBR!B\[M;E]UNGF$JS/1'/RXO"LJYZRI?43X;;L$1K4P8QC4P9&Q.1
MK4T(@3$:1I#Q)
M                            3BBSOH\2]6           #!N+7$^@R)8
M=\B-J+W6HYEJH570YZ)IEDPTI%'CB[GU)K-S9;2<UOZ8YM?<;B,==>EQQ<+A
M7W*OJ+C<)W55?5R++55,G:>]VM>9$Y$1-")H0]72D5C2.$0\[>\VG62AHI*R
MHW37I$QK5DJ*A_8BB;VI'='(G*N"$RQS.BNX5K*AT<5.Q8J"F164D+NU@JXN
MD?AKDD72Y?5J01!$:>GR]R(2D
M              <YK4Q<J(G.H3$,EL?#7B!?8FS6NP5DU._2RH>Q((W=#YEC
M1?4:V3=XJ<[0STVN2W*%YFX#\6HH]M; KTPQV8ZFF<[JWABCQ'!/ZO=+)_!R
M]7P8E>\N9AL,B1WNV55M<[0U:F)S&.^2_L.]2FUCS4OW9B6"^"]><+<9&(
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M><^:/?/RCXK8B(B8)H1-2$K
M             &[N"5WX;Y'M,N9<R76!,P7)JMHZ*)'5$]/2-=A@K(D>K'S.
M;M+M>[L^DXV_IES6[%(^F/BZVSG'CKVK3QEF-Q\U.2855*"V7&M5/><R*!J_
M3>KOJFK7P?)/.8AGMXC2%EF\V](BJD>6)/0LE:QJ]21.^,V*^!VG]7N4GQ+J
MKY>Q\C\W-+BF]RR]$Y596L7X%B:3/@-^O_VD>(_T^7L7FV>:O)4ZHE?;+A18
M^^QL50U/H/1WU37OX-ECE,,E?$::\6?9;XL</,QO;#:[W3NJG:J295IYL5Y$
MCE1CE7HQ-'+L\N/O5;--Q2W*7-O'G(,64\Z+/0Q;JS7M'U=(QJ8,BF1R>(A;
MR(B.<CVIR([#D/0>&[G[F/2>]7RAQ]_@[%M8Y3Y>7J2^!V5LH7JDS779EM:7
M2&S4L55!%MO8Y$1LSY$;L.9I<D::RGB&;)2:12=.U/R3LL=9BTVC72'UF=O+
MXYC7?\OJM-I$7^L+R_\ B"/X^Z__ +(]GY,DYL$3W??+7>8:FT5=[K:JR43Z
M"T2/1U)1.57NACV414<[%WO8KK.ABBT5B+3K9H99K:TS6."#N9_#^)W,GAM7
MB-AVZ_68;/PE]8UT5[$Z:D4%1*Q\D,,LL<?YQ\<;WM;\IS45$]8F8A$4F5"*
MBHBHN*+J5"57I#3U,[7/@@EG8SMOBC?(UORE:BHA$VB.:\4F7FCD5,47%-1*
MBML4[Y6Q,BD=,_L1-8Y7NZ&HFTI&L+127Q\<L<J0R1O9,JX)"YKDDQYMA4VL
M?4-8YG9G715/!44[FMJ89:=SNPV:-\:KT;:)B(F)Y%J3'-YDJ@     3BBSO
MH\2]6        %5$3%=0')_'?BTN;+FMAL\V.6K?)]I*Q=%94,7#;Q37%&O8
M[R^UW3TOAVR^W':MWI]SB;[==J>S7DU.=1S4^WPPPPNN=6Q)((G;%+3NU3U"
M:<%_@X^U)ZF\I$HGJC_2/+DAS333S23SO62>5ROED=K<YVE54)4$@
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M\7,U6,W-+"W=4E/CCNXD7%$5>5SE]IZ\KA!$:(Q*0
M                             #_#!-*B(U3$-]\+^%-/9X8;U?H&S7N1
M$DIZ21$<RD1=*8M70LW.J]G4FD^&_P#F?_G%]S:VUVENSMXX6O'/)Z)Z*?\
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MZ'R:6Q\S<7<Q"L\9TZ(^/5ZNE;41$1$30B:D)6
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MNT]43!$Y$:U.1K43!J<P3$1'"'D2
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MR=R<[U31S-P00B(GG/.?+1")2
M                                               !.*+.^CQ+U8
M :TXX<4FY+R^E';I&KF2Z-<RA;H7<1ZGU+D_!QP9CK=Z$4Z'A^T^[;6>['EH
MU-WN/MU\\N0U5RJKG.5[W*KGO<JN<YSEQ5SE76JKI53U#STSK.LOBJB)BNA$
MUJ2A<I46W4"P:J^O8BU'/#2N]IL7H=-H<_\ !P3E4A6.,^:/C^2VDK
M
M                  )Q19WT>)>K  %GS?FNU94R]67RZ/V::D9BC&]N61=$
M<4:<KGNT)^X9<.&V2T5CI4R9(I767$N:LSW;-&8*R^W5^-76.Q2-JXLAB;HC
MAC_!8FCTKBNM3U^'#7'6*UZ'F\^:<EM96DRL*?;888V27*J8DE-2N1L4+M4]
M2J8LC^2WMR>C1RD2BW5'3\/+DAS333S23SO62:5ROED76YSEQ524J
M
M                  )Q19WT>)>K #G-:U7.5$:B8JJZ$1$ X_XW\3W9TS%X
M2WRJN6[2]S*'#LU$W9?4KSI[L?X.GWCU/A^T^U76>]/EHX.]W/;G2.4-;G0:
M#VI*2:KJHZ:'#>2K@CG:&M:B8N>Y>1K6HJJ03,1&LO:XU<,SXX*7%*"D:L=*
MCM"NQ7%\SD[TKM*\R8)R"$1&G/G/EIZD,E(
M                                                           !
M.*+.^CQ+U8!HOS'\4%M]$[)5HFV;A71HZ\3,73#2O31#BFI\Z:^9GRD.QX7M
M.U/W+<HY>G\G.W^Y[,=F.;FM$1$P30B:D/0N&*J(F*Z@+C*BV^W^'U5UP8UU
M3SQ4J^TR+T.ET/?^#@G*0K'&=>B/C^2W$K
M
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MNKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU
M-V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_N
MKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -
MV_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NKU -V_NK
=U -V_NKU -V_NKU -V_NKU 3/:[KOHN_<*K/_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>g853797page005.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page005.jpg
M_]C_X0 817AI9@  24DJ  @              /_L !%$=6-K>0 !  0    \
M  #_X005:'1T<#HO+VYS+F%D;V)E+F-O;2]X87 O,2XP+P \/WAP86-K970@
M8F5G:6X](N^[OR(@:60](E<U33!-<$-E:&E(>G)E4WI.5&-Z:V,Y9"(_/B \
M>#IX;7!M971A('AM;&YS.G@](F%D;V)E.FYS.FUE=&$O(B!X.GAM<'1K/2)!
M9&]B92!835 @0V]R92 U+C,M8S Q,2 V-BXQ-#4V-C$L(#(P,3(O,#(O,#8M
M,30Z-38Z,C<@(" @(" @("(^(#QR9&8Z4D1&('AM;&YS.G)D9CTB:'1T<#HO
M+W=W=RYW,RYO<F<O,3DY.2\P,B\R,BUR9&8M<WEN=&%X+6YS(R(^(#QR9&8Z
M1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B('AM;&YS.GAM<$U-/2)H='1P.B\O
M;G,N861O8F4N8V]M+WAA<"\Q+C O;6TO(B!X;6QN<SIS=%)E9CTB:'1T<#HO
M+VYS+F%D;V)E+F-O;2]X87 O,2XP+W-4>7!E+U)E<V]U<F-E4F5F(R(@>&UL
M;G,Z>&UP/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C O(B!X;6QN<SID
M8STB:'1T<#HO+W!U<FPN;W)G+V1C+V5L96UE;G1S+S$N,2\B('AM<$U-.D]R
M:6=I;F%L1&]C=6UE;G1)1#TB>&UP+F1I9#HY,C W-34S9BTW9&(R+30T-3$M
M83<S-2UE.&$U.64Q-F9D8S$B('AM<$U-.D1O8W5M96YT240](GAM<"YD:60Z
M0T%&1$4P1$(W1$$P,3%%04(P.35!1C(S-C4W1$8U0T0B('AM<$U-.DEN<W1A
M;F-E240](GAM<"YI:60Z0T%&1$4P1$$W1$$P,3%%04(P.35!1C(S-C4W1$8U
M0T0B('AM<#I#<F5A=&]R5&]O;#TB061O8F4@26Y$97-I9VX@,34N," H36%C
M:6YT;W-H*2(^(#QX;7!-33I$97)I=F5D1G)O;2!S=%)E9CII;G-T86YC94E$
M/2)U=6ED.C R-64U.38Y+3 X-#8M-#@X9"TY-S%D+61B,34Q83(W86$Y-2(@
M<W12968Z9&]C=6UE;G1)1#TB>&UP+FED.F5A-30X-3 X+68U,S0M-#-C9BUB
M-#9E+3%C,&%E960W,S0T8R(O/B \9&,Z=&ET;&4^(#QR9&8Z06QT/B \<F1F
M.FQI('AM;#IL86YG/2)X+61E9F%U;'0B/D5M97)A($EN8RX@,C Q.2!!;FYU
M86P@4F5P;W)T/"]R9&8Z;&D^(#PO<F1F.D%L=#X@/"]D8SIT:71L93X@/"]R
M9&8Z1&5S8W)I<'1I;VX^(#PO<F1F.E)$1CX@/"]X.GAM<&UE=&$^(#P_>'!A
M8VME="!E;F0](G(B/S[_[0!(4&AO=&]S:&]P(#,N,  X0DE-! 0       \<
M 5H  QLE1QP"   "  ( .$))300E       0_.$?B<BWR7@O-&(T!UAWZ__N
M  Y!9&]B90!DP     '_VP"$  8$! 0%! 8%!08)!@4&"0L(!@8("PP*"@L*
M"@P0# P,# P,$ P.#Q /#@P3$Q04$Q,<&QL;'!\?'Q\?'Q\?'Q\!!P<'#0P-
M&! 0&!H5$14:'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?'Q\?'__  !$( T@"B0,!$0 "$0$#$0'_Q #-  $  @,! 0$!
M            ! 4" P8!!P@) 0$  P$! 0$              0(#! 4&!Q
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MZ:#*-5-%@8<7VU%7]L]#DI4#Q)QNPI+Y:>(Z9.HC22ZVK2 GUYE-FL$><KO
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M3,0KZAC2*B2-0/#&D5.]^5_-5:,ACFT#;O9)Z=,TAD97,ZGTSE^^^.J5C(7
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MJ1UR^G JIXFN!!OTRD3661(6TZOM.2LR'D2TS0P-BC ,P, R P#,#) <:KD
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MJ&S:,@#08 VC &T8%3S;@FIYMP*@@X!YUP2,D# & , \TP0.N >'!!X1@#3
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ME_\ 477*^%4T6XIF7%/L/F+4*RPP $]0'Z'-8[1F$]^CK^VOE>-!)R0$C?\
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M^D926_M1SDBRVDWP),7*U)'"I("3Z-<FSOK=QTBTV5N;6455HFJ=1KG8<S&
M, \TP#S( P2>$9-0>$9(&"3S3!!X< 8!Y@@\(P!@$>V/V1R45D?GWYJH/Q9/
MRYL8K,X8C0X+&MO X!K."#!O'()-1].22C!O#()-;>. 8GQP"3E22\(T+?6<
MT,B-,>ARK+(HI#_U'Y<Y^)V<#&[[PQ/,BWD;JS$1C-(Y&<LS<'RQ2ID'P*F:
MN< V*YP$;=3MR":%/RC *2<I(O$K.*FW62I'37,T6.JCXZ!T!V]3Z<N5J:)N
M"C;4[1D,E,J'X53+IIIUR*$GT/Y15OANY-/6G^7-+69E=R/N'=%KR^'D;7P4
M_P &:(Q9^<>293/)./%BVOY3E6=$7A0KZPEF<CJWJ&5BQ)4+^. )3 8:'3-5
M@8,YGD*H*.?I.8RD;PC@5G%U99)65/7TSGNVM1M">DMUX6T[:$'3,8[0N[Y[
M)VI,P](^W.E;=&3O,\';=F(:@'7UYG<VJ9:-^A@>(O9S_A&GY!B_$V%'F.I+
MK[I]!_UA_ER)[)\#2WNDL&<W+"D4MAF31 K&2(Z#0,0-5!\#G5!>M&,WZB30
MG:I&65=:OB0FNO4:Z:>O+2*Q(5OG5OQGX:+R!NVDZDEQZ-?\V4TTQ-8K5D6G
M;Z6X9(TAVO(IZ*P/O'T],SGB;VU%88G=Q<;SSP:S53L]=>783_K"1=/SYR.:
MJ=WAMHL.'>.C(&F,\2:@'SE 77Q_E$++TRLJLM&*7$^C\6!=K)+N+A)-P*'U
M*1ITS!X&C*6[:N1><M=M'9R>I]HCU:G7(37$-/@;>&?FI(Y)>4J)&FH\B1-"
M_P#^HHUZ?GQ)1X"+?$J^^HJTG#RK8 $3>\WB S=%/Y#E[*I(SO8Q9\PX_BI8
M['19=SL(QY#,'<@=/97WO5H!G9>MN>7>JG!:N*.?P/L'9_:7</!65O6N-GCN
MB,"FDL;.%5^I#.#[,C?5[.+>VTX\2MW<ZL.!EWEVG4[DAL<@;$U/E(!&URL7
M-F+R2=$*CWX=K'1E3UZG-T<]6<+-\MYXG!?:5DU*2(=R-UZ[3]'J\<L1K;"?
M+T^O%1J9DWRY0CJ<G41F=1\N^V8N!YL6P!H5VD9K;N&-V%4?=(.:J^2NK#73
MUYH4J9_C5/[X^W 'XW4^^/MP2>'G*8_3'VY .4[LYHSQ&*LY#'Q(SSMY;=RB
MK@>CM9J&+/G5F+F7E8K*X7T#//?E%MNM#K_/953\!S$SEFGDZ^C4YTP\OMQ5
M$C*6\D^)C'VOR6[4S2:_6<V6SAR11[J7,WMVOR#>,S_;EUM+?)%7NI\S4_:O
M( Z^:_VG(EM(/@B%N9<R12X;EZDOF),_T@DD'.>[Y;;FJ-&D-Y)/,Z/A+?*5
M^1BFG<E%Z$> TS#;^4V[,U**Q+7=XYQ:9]/J]Q5#"I9P#IZ\]Y'D2)M3EH++
M$1L#IZLM0BI/R"1@# /-, \R , \TR:DGA&*@\TR23S! P#S /,$&FT/V)R4
M0SX!\VDV\K&?7KF_ P69P)\<%S6W@< UG((,6'7(!I/IR23!O#!)K;QR 8'Q
MR02L@%X[ LWUG+&9&ETT.5+(HYND_P"7,.)V+(PN'VAD2S%O(WU>L8S6+P,9
MK$E"++5*&8BP#(18!L$9&14&J28 Z9#99%3R[:Q$C,Y%XE)P[J+S>LG,TS5K
M ^@56'EK]67J9-&^1@(R?HR2*'.>=*U[;ITUZ9#98^A_+=-O<4;$>*')MO$I
M=R/I_?-@)V].0>NPZ?9FQSL^ WHV: D>K*FR9AP?(5:\@24@>LG$<!.K+FY=
MAFK_ ++U^.6;,DCG[O\ (OG.\SJCD1^UGC6R=^GCZ<M$B1VZO6^C+5*&P20G
MTXJ*&>^ ^.F*B@_Z?U#(J"MYU;)XR8\>$:VA#HC^ZP4]4/\ K#(99'RSFNX/
MC9_(-,U;!4Q60Q! ;7Q'34$90O0UM?:"-A X,R].OI ]!]9R&71)KU3<CAN2
M1I"V\.^P:*PU&I(]?TYC-G591V?"\;R-:K*]2&/SV.@LMH^P?>5/TF'HSFN-
M-XG3:BTL,RVH=J\^[FU8YR69"" K.T?4D'4*NB]----/3E?$BN!;P9O]S-?.
MVI^-A6**P(]2))40^RR@ZDLA]D:Y-IU9-V-,"#P_"W9NWN1[@J\A9@NM&[K3
M7I$:X.NT==0VWJ#B;2:31M!518\QPL-".%HJ[6I9460NS,SN& .NK$CKF4'5
MDW)-+ E]M<WVS5L!.8I2U9B%V2*T@75NI4,I4:C70AA]1R\K3X8G/^1)X9%[
MW9'P3<59J07)8M0I6&9Q)"RR>Z=[:.H&OTY6"KBD2Y255(Y/C+-.3B7GI].X
M:EY%+!W5X$2,>7)"5(U)8$ZYVVW4X=Q;TL^G=M=R]\GC4@Y&U/;.FU9Y5!D"
MCT[P Q)\#]0S246SF4DB;QYLB>VT\<B_&QLCL5U]ICKU_+D:&-2(]>O<1&1J
MSO%)_*1D'WAX,#Z&'KR=#(U("C;'C _V8T,:T;!0LD=8'T^K&AC6C$1A3IMV
MD>(R,BQM0R?>.GUG%24;%W?>/VG(JRV!F"?6?MR*BAFL;N=JZDGT#)Q9#H2%
MXNX>ODL<MH9&M&8XJY_P3C0R-:/?PJ[_ ,$XT,C6A^$W?^"<G0QK0_";O_ .
M-#&M'GX1>_X)R=#(UH?A%[_@G&AC6@>'O'_<XT,C6C$\+R'_  3]N3I9&I%]
MVKQ]JO*YE3;J>F7BJ%&ZL[ >&2!@# & , \(P#S( P#PY-23PY(,=, 8!X<
MTV/Y$X15GP7YNC2_%]9SH61@LSYV<%S6WIP#6?# ,6\<@@TGTX!@<@L:V\<
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MX:'[N*C2/AH?NC%1I'PT/W1@:1\-#]T8J-(^&A^Z,5&DR6*-? :8)TF>"*#
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MIY&6&!1J\TA"JH]?7,HQ;=%F:RFHJK=$CC.2^8$MBW\!VS5-VVPZVY%)15U
M+K&/:*C4:L?#U9ZUCRQTK<=%R/F]Y_4"7RV5J?W/+T+B6W#_ "@YCF9UO=W7
MY)IAU-4$$(?N]/8Z'H0O0C/1AI@J05$?/7KD[KU7).3Z>@^J<%VGP/$111T*
M,,)B&B2A%,H'7_>$;_ Z>/ADXO,Q;2*?YF1EJ7&C[TT@_,,X=]AI])]#_3[J
M[G]WVE&=$1$]"K_DSQ<SZQ(K.'EW6[['TN-/R#-[BHD90=6R9% 3NDD&FO@O
MT>LYFY%TBXL<=QG=W;4O;?/LL<]13)P/,D;IZI\737].(>+1^E==.H&=VUWK
MA@\CYWSCRI3?B07S//MX/TY>T_._<'!<IPG+6>*Y*-8[M5@'V-OC=6&J2Q..
MCQR+[2-Z1GOQFI*JR/CIP<71JC*LC+E#U<O$K(9J9LS .F"#9&77J.F4DJFD
M27#;F'IS/PT6-YLSL--<>&@>JDDAT/4GT99)(&^+C7W@L-!EBE662PA% 4=<
MK4LT2H*CZ;B,L8LFQQC\N2498\?Q;W) B-M)Z>&0Y4%#L^%[*[BXJ:&^\(GJ
MJZLS1'5E77Q*>.GU957$R)1=#]#\%()*,9'I49#+PR+ C(-# Y)5F+#4$>O!
M!^?_ /$#P00UN31=#&^QR/NMFL3!X2.&[4YU:=BG9UT>O( _^KKH?S9G-8F\
M7@?J_MZ\EOCHI5.H900?H.59>+P+-O#!8^._.&Y^TAAUZ#<Q_)FL3&69\3[1
MK?B'S*J+IJ(07/VZ95E;F1^L$B"\<JZ?HY44P/@WSI\FNP9NA;73+%(K$^"\
M=*K\CJOAN.0SH1TME"8@P\ ?'(I45H:%CW=!U.7C9;*.XD6O#]NVN3M)6A W
M.="S=% ]9S1;>F+*>*?<NS/DKVI16.[RI6]9&C:R#]FI^A3F,GP1O&/%GT/\
M5[3XF((K0QJHT"C:/X,JK;? NYI<2JN_-+MFOJ%F0D?=ZYHMM)\#-[B*XE+:
M^<_$+KY>YOJ&76TD4>ZB:/\ ^,U/_A/EOQ&1^2CZ8,PJ:)&0R"3($#Q."3QK
M,*^+9-"*D6;FJ<0ZN!IZSBA5R*;D>_.(I@F2PBZ?2,MI*N9R/+?.CB8 PA8R
MMZ-O7)THC4V<?R'SIY.8D5T$:^@L>OYLG 49SEWYC<U9)WVF /H3IBHTE+9[
MIN2$[Y&<_P"DQ.*C2B-!R%J:35O#*-FB1/\ B6TRI)-X[D)%F6-?TCDID-'9
MU>)>U&)'Z:YHD8N1&YK@*T=<MIJVF&A&1Q$E2/<<I0UJ8?"1^K%"*F,M1"A
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MG51OQ_=A+MY^GV]I\%8 ^TIU4C4$>D'/;1\NS$*<TBBC-J0$Y+D2H5-\< U
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M.U[&^>)M\C'3OK(I<Z*[(0#^7*3@6C*A]XJW8+%994.H8:@Y@="=4:?B5WD
MY<H5W<4,=GC)4;P*D?FR44FL#\<\]3^#YJ]5\/*F;;]1.HS4K'(^A?(/N(T^
MXYN.D;1+*AT!^\O0YE)&J9^F[,P^#+Z_HZY5&KR/S1\P;4EGE+YC!=M^U0/H
MS4QB>_(RJG$6KUN_HLT\FH7U*/#4Y32V1-8U/KG*_,;C( 8X-9G'3;'U_/X9
MK#;2925Z*./Y#OCD9G+0HD.O@Q]MO\V=,-K%9F,MS+A@<QS'-7IHI);-B20
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MM!K_ +.-*;J-5#YC_B'^6O%\)S\'(THME3DHW;8/!98S[0^K1@1EE@,SJO\
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MMQ]*[?U.]2I%3X4I+LY^CV'3]M2&3@./;T>0@^Q0/\F>ZCX>YG0M=X\F4?\
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M._MF\5F5W$VRKM&>GT'Q!S:Y$Y[,Z%KVMR8ABL4MAGMO8DEAK:^"'3<Y!T
M/I.=MJ7RH^?WT/\ ,;>!UL5*_(NMBSY8TZ10>@?ZY'T^@9MI;S.!S4<D<UR?
M&45%I%B ".P4'KH!]>>/*34VC[*Q%2L1;Q;1%JHL?%,H 'CB6,B]K"VS7V]+
MLMZ>ALF\OE,MI*DSMT;5%SS&>TF<]W6@V1MIU)SKVIR[O(H^[JP3MOA[2C25
M+2@M]!((_.,Z=K+_ #)+J/,\RC2Q!\=2)L\[<EW';FC]L;Q7K_4GO:?6V9QC
MHMI>DZ[D]=UT[#K:,*11!5ZZ>\WAJWI/U>K."Y*K/2A&B*?O>;_[08P=-[+J
M/J.;[)?/4RW7^F5?;"?MP/H SIW+P,K' Z6HG_31 >H:G.&69TPR+-.BYDRQ
MH;WLL@;$/3(!9\#_ /OOC]/_ -H3-]I_JQ[3S_-/_P 6Y_*?74/1R/O>'Y!G
MT1^?&FP_L>'7 /FOSM=W[<="-Q\F=@IZC7>G^;//W?\ JV_2?1^1QK9O?W3X
M[S_*QI)&-X.Z&)MH])*#T9G9MX>EGN;B^H^I&_M>-I6>Y(/:/LI_"<KN'3 ;
M?'YF=S2'[('TG/,GF>BLB3E21K@@Q+ #7% :VETRR1%3 ;V.NNG^;+%3I. M
M+)Q=GCG_ )2O(+M8GU:".<?JZ'\F>EY9=I-Q^X^;_J';:HJZN&#)\C QGZL]
MMGR:9\M^8%;]JLH'4'QRR,V=?V!W?Y7:QK,QW1:@#ZQF,X8F\+F!\6YV<KW!
M/,O0_$%P?K.N:K(P9^C?E+W.\W;DD;-U1LRDJ%JGP;YH2E^]>4D/B\@;7\F:
MQR*'8?+;G6AK31;O?VD9#C4LI4.LLR;[C/Z7.ISK2I$YXO$L82=F8LW13\TN
MZ-A]!RM2:,G=H\G+&T;F-P5CVEMI U'3QR'9G)X)OT&<K]N/U2BO2CE/G#1Y
M3GK5.2C#YQA#!V,D<:J#ZR[+F]K87W^QG-/S+;K]Z]&)6?+J0]KWDL\O>IUD
M0$%%LI*_C]V/=F__ !-^7!+TF+\VL\-3[(DKYG<_VUW8U81<R(%KDDGR)9B=
M?4%V_P .;V_);G&4>\SEYNN%N7I:14=G]Q<'VFXDK6+?(R*6('D) GM?ZSLV
M;KR.+SF_48OS:[PA%=K;]AO[J[_XWN.6&2[Q4TGPY+1*;/EC4^O8I)S:'DUE
M9N3])G_RFXK5."_NU]I4MW16'\CPE-=/ RM-,?SLHS:/E.V7[*]M327G.]:I
MXTEV**]Q@W>'+C^1AI5QZ/*JQZ_:^[.B&RLQRA'U')<W5Z?UW+DO[[]QKD[M
M[G<:?B4L8]402,?^!5S=12R2.5VXO/'M;?M9!GY+DYSK/<L2D^.^5S_ERQ*A
M%9)>HBLJL=6&X^MNO\."]3T*H\ !]6"*C & , 8 P!@# & 3LH6)22:S,/I.
M?'IGTK1KCF/GZ?3DD%EK@@R)_9GUZ8(*ZNS_ !(U'37!8LY!KID,A&R$^R,D
M,QNH9(=!XX"'%PM&I#>GTY*(9T5-F$7T$91YEUD::B>9=Z^O,[KP+VSKDK*D
M.OT#.5,Z:%+R TD;3[<TCF4D<SR"DR'0>G.R.1RO,PG36),EH)E#R[:S1QC]
M!=3_ +1SSMP_F/H?+(TMM\V0?3KG/0]),ZKBM6JQGUC//NYL]S;.L$62ITS"
MIU(VP#VCE9%XE=R4SU)?,'6%_?'JS6W'4J%+CTXG/<G72.RMVN/8DZR ?PYU
M6WA1GG7X4>I$?C;8J]U4I_!9":\A_P!&8:?PZ9U[=TP/&\RAJ5>1].JRZQ:'
MQ T^S.Q'A21SG)?_ +QNQM_Q"?M .>->5)OM/LO+Y5V\?Y2JE]BHZ_7E5F;9
M197\5)LN1GZ=/MS6XL#DLRI-'>PO^S7UZ:YY<EB>\LBF[K \B+Z],Z-KFSGW
M?TE+WY,(NWN+K?I-() /]7__ #G3LU6Y)GG>;2I9BNM%MVCQ;0UC;E'M2 B+
M7QT)U9ORYS[NY5Z4=^RLT^9G2J/9^OQSB.\Y3O><&-8QX C._91XG)O7\M#+
MM2/64G3U#)W3P%E8G2U4TK1?5_E.<4GB;QR)(\,H6-#'1\NLB&;8\A@M.WP/
MQSCM>G_4)_ES?9_ZL>TX/-7_ /U;G\I]85M%;7QW'^#/H3\^-$VIZGUX!\]^
M;3#X2 -[IAEUU^F09YF^_P!2'8SZK^G?]*Y_,O8?G2\QL<LL<?M>RL:?D)TS
MKAA"IE?EJW%%R/H7$U5K0I"/")1J?6WISRKLJNI]!:AI5"_XZ4&-O7Z,Y9HZ
M8.I):3IIX>O*I%JF(8OH(]7;U*"3^;)2(>&9*@X7F[ UAI3R ^G80/M;3-HV
M)RRBSEN;ZQ#ZIQ7I)\?9?<+]6@2/Z'D0'[.N;+8W7P[SBEYWM5^YOL3,Y.T.
M<C4'9$Y^ZL@U_/IA["ZN"]96/GVU>%9+^Z:^(KWJ'/4H[4#PB9_)8L- R2@H
M>ON_I9G%2M33:I1FE^Y:W-B:A)2PX&ZWRU2JTD,KZ20LT;@]/:0E3_!GTCFC
MXB.WF^!PG=_)U;43+$=[#P"^T?S9$;J>1>>RFE5X$#M*KRIK3*M2P$)Z$QNH
M^T@9TQLSEE%OT'F7-Q:@_FG%>E%%S79W<<U^25:T<,1.HDL3PPC_ ,3Z_FSH
MCY???[?6<TO,]NOW5[$V=IV)S='MFK/%RO)U TFFV.O+YY!'KV+IFR\HO//2
MO29/S:WPC-^BGM.8[JC[6Y?F)K_XQ,B2_P"ZAJ,[?K.R+F\/)9<9+T(Q?FTN
M%OUR7N,^'YGMSA1_TT5^\^@&Z8PPKT^A=YSHCY-;6<I,REYG>>2A'ULL9OF;
M9+:P<7"I]!DE=C]BA1G4O+K2X5])S_EW_OIV11%F^9?=+C2-J\ ]2Q;C]K$Y
MI'965E%%)7KLLYS?II["OF[T[KFUW<G*FOHC")_ ,WC;BLDC%P3SJ^UMD"QR
MW+6/[1>L2_ZTK_P:Y<*W%9)>HALH8ZO[1];=?X<%ZGH51X #ZL$# & , 8 P
M!@# & , 8 P!@# & , 8 P"=E"Q)1-)F^LY\>CZ5LV+ !)K@@E]=,D@R7PTP
M&8"%0^[ J;6.NF0PC;$OLX%#>(QIUR2#?5B77)!<P(H@!^C,I9FL<BNAE*7.
MGKR+BP)MO$ZR&RSPZ'U#.5(Z2KNKN<_5EHYE6BFFA4N=<[8Y')+,C6D 51DL
M'*<B=UZ8^@-H/R9Y=QUDSZ?:+3:BNHP@B,C@'P].8RE0[;<=3.IXY=$"CP&>
M=</>L+ L@OVYB=*0!96U_/@DC<FBO"VHU1AURUMT9%S%''6GL5P8U</'Z PS
MT(T9Y-UM8%5.9&);_> AE/\ I*=1FT<#BFM69]/XGD!/6BLM[LZ*Y^MAU_\
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MT[[AK_J#1<[K7ET.$7+UGA;K^H+[SG&VNJB[WB3FYCMZ@FAM5JJK^BI1"/L
MSU+?EU[]MMKT4/ O>;6&_FNZGVN147?F9V16)$O*Q,P]"G?_  :YUQ\HW#SH
MO2<K\WL+Z5-]D?B4MOYV]G0ZB'SYSZTC.A^T#.B/D<^,EZ$8R\Y^VV_3)(I+
MGSWJ'45N*E?U%V51]G7.B/D=OC*3]1C+S:^\HPCZV4MOYV\[*C1P\?61&]$A
M+_ET '4>O-O^%VU*..I=;,EYGNDZJ>E_V8I'.W>_.<MV9;+Q4UL3L7EE\@.S
M,?%B7+=?R9TP\OV\,H1,Y[W<2PE=N/\ O4]E"')W;W,XT'(21#U0JD0_\"C.
MF,(K))>@Y)04OJK+M;?M9!L<ER5DZV+EB;_7E=OX3EZB,(K)+U$4HA.I4$^L
M]3@O5GN"!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@$[*%B:
MO\J?]8Y\>?2&_3K@&^,:C) ,;9 /.N #TTP#;&_LX!N$O3)!(KRZ'!4MJ\NZ
M!<I+,TCD0H%!N'Z\K<R+0S.GCVK'T]0SE1U,KKDP#D?1EDBC95R-JY.=D,CE
MGF1K)]E?KRQ4YM>,Y"].[5X2R%C^T.BIX_>.>6H2EBD?3>/;MI*3X%_QW8_+
M2JOM0H_^L6_@7,Y;:;Y&L/-+,>$B_K=C\]#'[*PS?2LFA^Q@,Y+FTN'I6/.M
MO2CU+T'EGAN7JKNL4Y8T'Z>W<OVKKG+.U..:9ZMG?6+GTSB_3\2"S#737KZ1
MF1UNIA. 8ROYLLB'D<;S==E8E/#U9Z%F1Y.ZC0I#(/3T.=-#@U'9=F7!/Q<E
M8G5ZK%0/]!_:7\^N=%MX'C[V%)UYDGDV(Y*O(3KYM<#]0D?Y<Y-Y'&IZGDMS
M!QY,KN2]PYQP1[%[(I(SHXSH:/..SXRP72!?$$J#^3//NQS/:L3JD2.<3S)Z
M:?\ Y@)_)UREAT3-;ZK3M,^VH]G#I,1^UM2232MZ26<_Y!E-R_GIR&TC\E>+
M;99MU<?0.N8HZCRP^R$MZ,F*JQD?/N;;S)V^EP/SYZ]I41YFX=7Z3K.V5VP*
M?7J<X-R\3JLEQ!_(J/\ 6_A.<\LS59'I/M:9))J;H<E$&V%AZ_R91R1?0^1>
M]J KSE:5P4C0.6D8$*/9.G4],]'RVQ<E=349//@SP/Z@W=F&UDI3@G58:E7/
ME4[.SW1V]4!-GDH$ '4%QK]F?30\NW$OV/TX'YY+S7;+]]>RK*.Y\V>PZVH/
M(B9A^C&"3^;7.F/DM]YZ5Z:F$O.;7[8SEZ*>T^>?,'OSM+NA!$LMR*-55?V<
M*ECM8MXNRCKKD_\ ^:U7%.5S)4HE\3LV_P#5ERS9=N%E8RK64_<D<A0Y3MGC
M %J\=:MZ'4FU.D:L3]Y8EU_/G8OZ=V[=9.4O33V'._ZJWRC2'AV^R+D_^IEL
M?FKS\4?E4*M2C$!HJ1JS #ZB0,[;?E6VA@H(\B[YANKCK*[)OT(KK7S#[SLZ
M[N2:('T0JJ?Y#G7#;VXY1BO0<DZR^IREVR956>:YJT=;/(6)=?O2L/X",V11
M6X+@B$PWG5]7/K8EOX<&B=  !X#3! P!@# & , 8 P!@# & , 8 P!@# & ,
M 8 P!@# & , 8 P!@# & , 8 P!@# )V4+$U3^V/^MGQY](2]NN2$;H=OIR
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MR%:Y;EK?]JO6)M?0\KD?9KIFU3*-N"R2]1#V)KKH-?7Z<&E3W! P!@# & ,
M8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@
M# & , 8 P!@# & , 8 P!@# & , G90L:;<KK(0OK.?''TQ[%8<^.!0EHS$9
M)#-R@Y) <E1NP#5'<))!7 ,&NN)-NWI@$R(LP!T\< W!6.!4FT7:.%B1X'*3
M+P(1M;[S C3KAY!9E[5G&T#7KIG+3$Z4\"%R<B!@20.AR:BAS44%NSRH%:"2
M?_E(S_\ T@YTVHMY*ISW9QBOF:7:SJN1X?E7XP1E%K$Z;OB)(X1H/7O(.;W=
MA?G&D8^O QVOFFVMW$Y2K3DF_85W%_!\;&\-_EJ31$[A%!YEIP?3[BA?SYSO
M^F;UQU<HQ];]A[-K^L[-E-0MW+B]$?:;V[C[7KC2&&U9/^BL<":_[1=LZ[?]
M*6_WW)/L27Q.>]_7.Y>%NS:A_,Y2?=1$2?O"N1MK\-7 ]#6)))C^J-BYZ-K^
MG]G#]KE_,VSQ[_\ 5'F5W.[H_DA&/?BR'+W7S+G]E\-5T\/AZT*$?4Q5F_/G
MI6MI:M_1",?0>/>OW;KK<G.?\TG_  (%GD^3M'6S<GF)^_(Q'V:Z9T&$8162
M1%V(#KH-?7Z<%ZGN"!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8
MP!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
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M@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# &
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M , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8
MP!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@$[*%B?(_:T,C%
MK-V\P)]F&)*Z?K2EV_-GDP\H7[I>H[9^97'],8Q[77V&+=P<='TJ<-!T\)+<
MDEAOU08T_-G7#RZS'A7M.:6ZO2SG3^5)&#]V]P%=L-E::?<J11P#[57=^?.J
M%J,<DD<\H*7U5EVMLK+-FU:;=:GDL-ZY79__ *B<T)BDLL#4  - -!]&"1@#
M & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & ,
M8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@
M# & , 8 P!@# & , G90L0Y/?;ZSEBICD@8 P!@# & , 8 P!@# & , 8 P!
M@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# &
M, 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8!.
MRA8AR>^WUG+%3') P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8
MP!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
M& , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P"=E"Q#D]]OK.6*F.2!@#
M & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & ,
M8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@
M# & , 8 P!@# & , 8 P!@$[*%B')[[?6<L5,<D# & , 8 P!@# & , 8 P!
M@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# &
M, 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P
M!@# )V4+$.3WV^LY8J8Y(& , 8 P#PNH.A.":'GF)Z\"AD""-1@@8!Z 6=44
M%G<A4102S,? *!U)/J&02DWD&5D9D=2KJ2K*PT((Z$$'P(P&CPD $DZ >).2
M09/'*FWS$9-ZATWJ5W(W@PU\5/H.0F2XM9F.20, 8 P!@&RO7LV9E@JPR6)W
M]R&%&D<Z>I4!.0Y)8LM&+>1E9J7*DQ@MUY:LXZF*>-HGT]>UPIR(R3Q0E%QP
M9IRQ48 P!@# & , 8 P!@# & , 8 P!@# & , 8!.XK@^8Y:25.,IRVV@C:6
M<QCV8XU!)9V.BKX=-3U]&<6]\QV^U2=Z<8:G15S;?!+-^[B;6K$[E=*K0@@@
M@$=0>H.=K5'1F(P!@# & , E<=QE_DIY(*,)L310RV7C4@$0P+OE?J1KM4:Z
M#KE)34<R\8.61(C[;YV1:KI3<I=IR\G58E0'I0!C+."3T5 A\>OVC*^-''')
MT])?P)\NG1$7D:-OC;*U;T?D66ABLB)BI813H)8V.A.FY&#:9>,U)5125MK,
MC!E.@!'4:CZ1Z\L5H2K''7J_&U>3GB,?'WGECJ66*[9'KE1*!UU]@N/$9133
M;7%%G;DDG3,BAT.FC ZG0:'Q.7*T9X9(P-2P U(U)](\<"C/2Z!@I8!CX#7K
MUP*,EW^-O<?\*+D1A-VM%>J@D$O6GU\J4:$Z!]ITURD9J5:<'0O.U*.:S/.2
MXZUQHJFYY:"[7CMUMDL<FL,NNS=L9MC>SU1M&'I&(S4JTX.A$K;1IKQ26)HH
M8%\R6=UCA1?%G=@JJ/K8Z99NBJR%%MT+[N'L#N_MVC\=S5 4ZWF"$L;%:1A(
MVNBM'%([CW3KJO3TYA:W-NXZ1=?0S6YMIP56<WYT/WU^T9T&6E\C(N@8*6 8
M^"Z]<$4//-CU(WC5?>&HZ?7@:6>JRL-5((]8P&J'N"!@# & , 8 P!@# & ,
M 8 P!@# & , G90L0Y/?;ZSEBICD@8 P!@ ^& ?>>R?\0?;/$=O<)V_/V_9L
M6*L->E)94U]K/[,>\;B&TUZ]>N>)N/+9RE*6K/$]BSO8)*-#ZA\T/F3P7R_C
MXU[G$/?')-*B?#B)=GDA2=V\CQW^C/.VFUE?K1TH=E^_&W2J/A7/<)W/\X>Z
M9^XNT^$:MQB115)9+4L,4:RP@EAN4G4Z2+T .>S:N0VL-$Y8YGFW+;W$M45@
M47=GR9^8?:W'/R?)<>DO'1#6>S4E$XB'WI%T5POK;;H/3F]G?VKCHGCUF-W9
M3@JGT#_"GQO'6.3[AMV*L4UNHM05+#H&>(2>;O\ +8^[NVC73U9P^<R:44G@
MZ^XZ?+(JK]'O.6Y3Y#?-*R_(\Q'Q<;1S6;,\=0SI\4T;2LX.SW=6!UV[]<Z(
M>8V52-?@9W-C<DW(J?DOQE.[\U>$H<G42>$26!-4LIJ!)%!(0'C8>\CKX$>(
MS7?S:L2<7R]ICLX?YJ372A:_XC]J?-.T.BHE&H / !0K=!F?E7^CZ6:^8?60
MN%^0WS/Y?C$Y&#C(ZT,J[X(KDRPS.IZ@^60Q77_3TRUSS*S%TJ4AL+C53B^7
MX?E.&Y*?C.5JR4N0K$+/7E&C#4:J01J&5AU# Z'.RW<C-5BZHY;EN4'1D/+E
M#J.S?EIWIWB)9."H>95A;9+=G<0P!QH2@<ZEF&O4*#IZ<YK^[MVOJ>)TV=K.
MYBLCSO/Y:]Y]F^4_/4/*JSMLANPN)J[/U(0N--K'3H& U]&+&[MW?I>(O;6=
MO/(^[_X:.T>0XCMCD.<M5(A-S/E2\;.'5G>J(]54Z=8QYA)(SQ?-;ZG-13^G
M/M/5V-IQA7BSX]\Z.3[TO]W0?WQHU>/YBO2C1:]*0RQ>0TDCH2Q9_:U+ ]<]
M780MJW_EMN->)YV^<G/YN73F<%G<<0P!@# & , 8 P!@# & , 8 P!@# & ,
M 8 P#K?EER(I]PV%EM_#5)^/NK*KR>7$[_#L(PP)"L=Q]G7T^&?+?U?M/%VD
M7&&NY&]:I2-9):UJIQ2I]7>>EY9=TS:;HFG[&<A%TC0'QT'\&?67/J?:>=+,
MRRA P!@# & ='\NN3AXWOKA;-AUCJO8^%MR.0$6"XC5I&8GH%59=3G/NH.5N
M26?PQ.C;22FJG>\_W)P"=I]VU*5F-K';D+]L=N@,A:?CKB5H)9(]O5]'J2ON
M74:/G#;LRUQ;7U?,^U5?O7J/0=Z*3H\L.GJ[S'N3NYK%?FJ NU)JO$<%PU[@
M%*5V*\G7-8L4DVEW?3<LB$GV>A&@Q:L4:='64I)YY8E'=5*56"7+^S^I3_,V
M3@J?%UEX>-5'=]C^]$P*;7KUI8A'!4!^Z)S._L]/#-MHI.3U?L6GM?/U4,MT
MTHX+ZL>G?W$WLGE.,K<1V<9[%7S:7]Z)7BL&-E21ZR&OYD<FH]MU]@,/:]&4
MOPDY3P>.CVXEK<THQRPU?]IC!S'&\_\ @$/.VJHO=W<#;XWFN398HS7O167;
MC[4XC"!'38JDG0E3UP[<H:M*=(232YJF*-/$A)XTQ^+I[O07O;W<7;D]_N!^
M$C2.[5O5:=&%9N/K&7@Z-<PZ>;R"/$T4LRL\X3VSN'709C=M32CJR:;XOYF^
MKN+PN0QT^[+TE1QURGR/8_/UJWPO;O"22<G9BEAL49BPD?=%2NUI1\22-NRM
M-7/13X9K*+C<BW64OEY^M/+M3**2<'DO44OS.YKD^7X?L^S+<AM4/P>L@2,P
M>9'>C4K:61(P)4T]D>U[/W?3FVSMJ,IJE'JZ\N!AO)U4:/"A>2\]2X;MRQR/
M#6*<',P=G\(M62-:\D@N_&N)]$96!L+&?;U&X>)S!6W.5)5T^)+GE3#T'2YQ
MC%-4K1<N:.<[LGXL?-6K<IR01U);'$V[$M;8(5F>."2RXV>PNDFXL/0=<Z+*
MEX#3S^;WT.2;7BI],CH>X^'B_P#XJ4.X)JG!T^$?N"+S;%&[!,UJ&:\'^)M1
M&65AN3JYT"CTC,+4_P#)<5JU:.*>&&2P.B[C<3=-->?ZEM0[[>6UQGQ5SCF6
MQW;:XJ\6KTAKP'LE(6.SI6U=BK?GZ9E+;T3HI?0GQ^KXFBO*O[<Z<,L/U(7#
M<EVYQ_R]$=:M'R%"*/DHNX>/%KCX \YFD6N\JV$-R1A$8VKM WHT\=<O.$Y7
M<71X:<'Z<L.=:E(RBK?!\\5U].WTD8\O%9YCLC@!RL%3B*W"T+[_  ZTT+\M
M%6DTCDGF1T261M$_;:JNO4:Y90:C.5*RU-<?IKRY=A$IQ;BDTE2O#.A3?-^6
MM/>X"R/+_$Y..9>7VV:MR43QV'55L3TUCA>54T&H4'3UYML4TI+A7#!KAPJ8
M;RCIS_CR.!SN.$8 P!@# & , 8 P!@# & , 8 P!@# )V4+$.3WV^LY8J8Y(
M& , 8 P"1QW_ .\Z/_FH/Z5<K/Z7V&EKZC] ?XM/[-VM_P ZY_\ 1%GA^39R
M]'O/5\SR7I]Q3?*#Y?=S+V=;[BL]VS=H]M<CI,YK&-)9$@)03O-+T@4G4#;U
M8::^C-=]N8>(H*&N:Z>DC:69*%7*B9]>[!H\>>V.4K0=V/WGQDQD59K,D=B2
M%6CVO \B>\#X@,.FN>7N)/6FX:&=UM+2U74CY?\ X1P!-W.!X!:0'Y/.STO.
MLH^GW'!Y;G+T>\\^5OS7[XY3YQ3</RO(&WQ=Z:[ M0QHJ0_#;VB:+: PT$>U
MM2===3UR-WL[<;&J*HU0M8W4G=TO(W6.-K4/\6-45D");C-N15Z#S9*4JN?]
MHIN/TG(4V]DZ\/B)12W*Z<#'NSAJ?,_XI>+I7%5ZRP5[+QL 5<UH99D4@^(W
MH.F+-QQV;:Z59-V*EN$GTP/H'?G#=W7NZ*USBN_8.W:M%(RO$-&C"1]Q9VL!
MI$WJXT4 CH/#KUSBV\X*%';U5XG5=4M6$J'SC_%)'PMINWN7IV()[Q,U.RT+
MJY,042INVD]%;=I_K9W^4.2U1:PS.+S%1:33/@DK%8G8>*J2/R#/;/)BJL_4
M?S#YN_\ +KY+<#5[784YYOA:8MJJL4$D3332KN!7S)&4]2/23GSFVMJ_N).>
M.;/=O7':M+2.PN:O_,;Y(\[7[G86[$(M5#;*JI?R8EFAE.T!=\;,.H'BNN-Q
M;5C<1T=3%FX[MEZNG$U?X9^X^:Y+L+DX;MDRQ<2Z5^.3:@\J(5U<(" "WM']
M+7'FMJ,;BHOJS)V<VX.O _.O/]S\]W+?'*<[;-V^8UA\\HB?LT)*KMC"KTW'
MT9[]JS&VJ15$>+=NRFZLK<T,A@# & , 8 P!@# & , 8 P!@# & , 8 P!@
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M3<VQ2[:;BHZ*"?'*7+D8*LG1%[<'-T1*[C[4[C[:>!.>HMQ[60S5Q(\3[PA
M;0QNXZ;AXY6U?A<^EU+W+$H9E.)8R0 X)/@ 1US4RTL]#H6*AAN'B->HP*,\
M\Z+0MO70>)U&G7!.EF0((U!Z>.N"I(XKC[O+WX>/XN$W+UABL%>(@LQ52Y U
M('15)_)E9S455X(TC:E)T2Q(RNC('5@4(U##P(]>6*--.@5U<:J0P]8.N U0
MOJ/8O>5_@WYZEP]B?B(P[&V@71DC.DCQH2))$0^\R*0,PEN;<9:6_F-H[:;C
MJ2P*FW1MTZU.S:C,-?D(OB*4C$:2P[RGF+U]W<I US6,TVTN!G*W)9HC&2,
M$N #X$D:'+%=+/6=%TW,!N\-3XX"3&]-VS<-WW=>OV8%.)[@@8 P!@# & ,
M8 P!@# & , 8 P!@# & , G90L0Y/?;ZSEBICD@8 P!@# !(4$DZ >). ;'K
MVDA$[UYDKGPG:-Q'^N1M_/D:E6A?0Z5-?0CU@Y)08 P!@# ,HTDDE2&)&DFE
M8)%$@+.['P55&I)^K(;H2HMY'CHRNR.I5T)5E(T((.A!'K!P&CS)(& , 8 +
M!1J3IZ/RX)2J;)X)Z\K0V(GAF3H\4BE'4D:^TK:$=#D)IXH--8,UY) P!@#
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M$C!E(!!!#>Z?7]66*T/<$# & , 8 P!@# & , 8 P!@# & , 8 P!@# & ,
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MC.J*>O4 ]?'\N>J>4\SW! P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
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M8J8Y(& , 8!ZH!903M!(!;QT!/4]/5D/(E+$Z0]M]J:_]XU#]/P5W^)GS_\
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MU/\ T5W^)C_EM]_Z-W_RV?B/Q;'^ZO\ #+X#^[?:G_S&I_Z*[_$Q_P MOO\
MT;O_ );/Q'XMC_=7^&7P']V^U/\ YC4_]%=_B8_Y;??^C=_\MGXC\6Q_NK_#
M+X#^[?:G_P QJ?\ HKO\3'_+;[_T;O\ Y;/Q'XMC_=7^&7P']V^U/_F-3_T5
MW^)C_EM]_P"C=_\ +9^(_%L?[J_PR^ _NWVI_P#,:G_HKO\ $Q_RV^_]&[_Y
M;/Q'XMC_ '5_AE\!_=OM3_YC4_\ 17?XF/\ EM]_Z-W_ ,MGXC\6Q_NK_#+X
M#^[?:G_S&I_Z*[_$Q_RV^_\ 1N_^6S\1^+8_W5_AE\!_=OM3_P"8U/\ T5W^
M)C_EM]_Z-W_RV?B/Q;'^ZO\ #+X'H[;[4U_[QJ#Z?@KO\3'_ "V^_P#1N_\
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M[B5(KCP2)3G=XX++*1%(\>F]4?3:S)J-P'AE=2K3B6<72M#3EBHP!@# & ,
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M P!@# & 3LH6(<GOM]9RQ4QR0, 8 P!@# & , 8 P!@# & , 8 P!@# & ,
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MO*;+>[7\M_-/37I'IN_-D:E2HT.M#6002""&4D,I&A!'B"#X'+$-4/,$# &
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M'NSM7V&0'KX:YMLZ4EI^C5A^G54Y]YFJYTZ=U#C,[#B& , 8 P!@# & , 8
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M*\TTC2S2L7EED8N[L?%F9M22?6<NE3(HY-NK,,D@8 P!@# & , 8 P!@# &
M, 8 P!@# )V4+$.3WV^LY8J8Y(& , 8 P!@# & , 8 P!@# & , 8 P!@# &
M , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 ) \<) :C4CTCQQ0# & , 8
M P 2 -3X8 5@VNWKIXZ==,$T&"!@# /=#Z 3Z]/1]> >$Z#4^& "0!J>F >*
MZL= 02/$8)H>X(/>OJ.@\3Z!]>"3S! P!@# & , 8 P!@# & , 8 P!@# &
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MB+2"4D+W$95>UIIT,:5B65?#+V=U*<U'GC_<X=Y2[8A&+?+#T_P/FN>B><,
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M[[?6<L5,<D# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & ,
M8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@
M# & , 8 P!@# & , 8 P!@# & , 8 P!@# )V4+$.3WV^LY8J8Y(& , 8 P!
M@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# &
M, 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P
M!@# & , 8 P!@# & 3LH6(<GOM]9RQ4QR0, 8 P!@# & , 8 P!@# & , 8
MP!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
M& , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , G
M90L0Y/?;ZSEBICD@8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & ,
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M"?V__P!P<7_YN#^D&0\BESZ7V$:[_;K7_/E_I#A%UDNPTY(& , 8 P!@# &
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M,A@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
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M[;CDWB0[Z\2O W/WK"JVH#/+,A/#I6F@B:LK0\9.\L@='EE<G:^U"[DG0:Z
M#*_C/!_S=YH]TL3=R'?E2SQE^.#='9EGY0B.Q"TPM0<G-YBB1A*JHR1^PVY'
M(T78>F1';--5RP]%!+=)ITP-=KNOBY^;Y2\.2Y$5^9I7:_E.I/P+V43RXT"R
MZ2(ICVZH%]G;T]&2K$M*5%\K7I(\>.JM65O<W.T.5XSCAOEM<M!HMF>1#!$8
M4A2-(GB#R1O*I30RQA-R::C7-+-IQD_MZ=*&=V[&27,Z!OF#Q4?)-<CFY"9;
M5N>\8I-%-(2T):BUH"']H;Y5U*[5V(O3=F/XLJ4PRIVXIU9J]S'F^E3EN%O<
M4>$M<)RTLU:*:>"[7O01B<I-"CQ.DD1:,NLD<AVD-[+#U$YTW(RU*4>PYX3B
MTXLM://]KQ3</?D^-%GMLNE&H$CTN11S//4+RJP$#*\FDVBMN'N]<RE:GBL*
M2SZN#[>HT5R&#QK'XU(DW=$$G:=7C3&_XL)(X+UG0>4_'U9FLUHTZ[@RS3,"
M/#:JY967K;X>_)E7?6BG3I^A<S]Y]MR7Z/,;;9N<3=Y*Y3HB-%29KLYF@,D^
M_P#9JG3S %)/@#F2V\Z..%&DO5F:_D0SQS*3B>[;E/C[:M,R<F(J,7%6X8HD
M\D4[0G8OM"[O9'3<&)\#TS:=A-KEC7THRA?HNO@9=R=RT[L7&T:%:+X#C99+
M4@%:*G'9L3,F\_#PEA&FR)4&K%CU\.@$6K+56WB^NM/23=OIM4+JUW[QRRW)
M:UF_8DO2<E;AEF 22FU^F:T=6)@[>PI;VG7:-%71=<RCMGA5+#3Z:.M32>Y7
M#K[RK@[JI_C]7D)C87_[0G%V;JZ-9BG^%-=K<9+ NR'335@Q7T@YH[#TM?VJ
M]]:%%?6JO5[BRK=X\ ;5%+D]TP<3/Q5F.\L2R3W&XQ9$DWHSCRVD$@\MF9M%
M71LS=B5'2F.KT5+^/%RKCP[CG>Y>>_%HN-AC>;X>E3%=H'8^6)?/FE9HUU*]
M1*/:TUSHM6M+;YOX'/<NU27(ZAN^.$EFF>>:>2]?J^5<Y<P2*JR)-'+'I5CL
M*59UC*S-#(BL=IV]#G-^/)99)Y?K3U5.G\B)76N\:]Q*EJ2U:K7*-Z:W+2K1
MB*M=\^XEGS&"2 1,%7:P8/X+H?'+JPU545&J=:PH4_(5/22W[SX=9IIDLW)1
M!:Y2S%6*;8^13DX]L:6]9&V>1KL.X/J@]G0Y5;>7)9+T4Y=IH]S'$Y_G.Y+%
MON"ORM.:8_ K2^!%AC[#TX8DZ+JP53)#KT]&;V[*47%\:]YRSO5DFN!U=CYC
M=O"W3:E4M05:5]#$"$WGC(]UE(6T/65;TTC#T;-,YEM9T=6L5WY>PZ'?AA2N
M!R_+<]2N=O0\;$D@GCCXY&9@ FM*M+#)U!UZM*-OT9TV[34J]O>T87+JEW%]
M4^8=.+D7GG^+FJA>*6K%J"8#1JO6FDA#,51U\S='IXZ==,PEM73"E?F[W7^)
MJMRN->'LH0;/<W'-PMOAUO79C^&UZD7)2*P>S+7MO9*2IYA98MDGE(69B .H
MT.F6C9>I2HLZTY84)G?BZJKR/.&[IXZEV_2K23619H#D]_'*NM2X.1B$2+*V
M\:*FFK[D.HZ+UR;EEN;>&.G'BJ$6[\5&AK[U[K@YNNL5-R())_BVK20E'@D\
MA8=@F,LH==!IHB(N@4Z:Y.WLN#Q["MZ^I))%S)WQV]%6K5.*>6I"MF27]M6:
MPL=:6E\,]:?6?S)BY]Z2-DZ:%?#08K;S;;EC_&M<C9;B"HD<5S5BA9YB[8XY
M)HZ$TS/62RYEF"'_ (DA)+'ZR3ZR?'.VVFHI/,XKLDY-HA9<S& , MNV_P"T
M<A_[;<_HQD,I<R7\R*D> R2XP!@# & , 8 P"=E"Q#D]]OK.6*F.2!@# & 3
M^W_^X.+_ /-P?T@R'D4N?2^PC7?[=:_Y\O\ 2'"+K)=A+X/@KG,VIJ]5XXS7
M@>U/)+NT6*,@,0L:R2.1N'15)TU/@#E+EQ056:6[;ED3ZO8_-VJD%J)H/+L;
M'BW.X!KRV!62R7V>7Y32D?I;MOM;=,S>YBG3IE6AI^-+IZCVAV+SUP(P\J .
M=A\UG)61K#U8T=8TD*F26)]I]W:I8D#$MS%=.JHCMI,#L?F-84DEKQV)*\EV
M:L6D>6O6A=HWEF2-'_WB%%5=S$Z:#3'Y,>OD2MK)D*?MWD*W//PEHI#<C.C/
MI)(A4QB5641(\C!T(*Z)KUZZ9=74XZED9NTU+22N6[+Y?B:MJS?D@B2K8-4
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M &CD/_;;G]&,AE+F2_F14CP&27& , 8 P!@# & 3LH6(<GOM]9RQ4QR0, 8
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MMS^C&0RES)?S(J1X#)+C & , 8 P!@# )V4+$.3WV^LY8J8Y(& , 8!/[?\
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M#MT?=MT.X::>).6E<C'-E8VI/@9P]O\ /3UJMJ'C[$M>[(L-.1$+>;(Y(54
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MCVNM/XE5N51U69KX3N?C>-X*:D:+MR$L%ZM);C$.DPNPF%&F=T:5?(U.U8V
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MD/\ VVY_1C(92YDOYD5(\!DEQ@# & , 8 P!@$[*%B')[[?6<L5,<D# & ,
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MW<-=W0Z>.1^3U885ZJN@6V6./3#XDF;LOC;'*V..XFR)$)X>.*W9$L9@DY(
MMJ@#"1>NXZ^Z.@U.56XDE67]KN+.S'AQIWE7:[3"<<>3J<C';X\K"8I3%)"[
M&6VU-E*/J5\N1-VI/M*>G7IFBOXT:H_TJ4>WXI\*DNY\O.0J<?>MRW(M:AMM
M&FQ@DL=&8P2,)6("N[*QCC(U8#T=,K'=)M*F=.\E[;!NIRF=1R# & , 8!;=
MM_VCD/\ VVY_1C(92YDOYD5(\!DEQ@# & , 8 P!@$[*%B')[[?6<L5,<D#
M& , G]O_ /<'%_\ FX/Z09#R*7/I?81KO]NM?\^7^D.$762[#.AR=WCI7EJ2
M^5)*GDNV@.J[UDV]0?THU/Y,B4%+,O&;61)E[BYJ7=NL]6-PD[$\>2_M?H_W
MGYO1E%9BN'+NR+N_)YLL^7^8'.7N7_$(?*H@3M8CK11QE6=H?AV,Y*_M]8?V
M9WCW21Z<SAM8QC1X].XTGNI-E5R7<')\A6:K;F7X1FC=*T:)'''Y$1AB6)5
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MD$CJ/ ^K & , 8 P!@# & , 8!;=M_VCD/\ VVY_1C(92YDOYD5(\!DEQ@#
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MUO[7W$JA!Q7'B[.>8K6&DI6*\<,23!V>5=%T+(!D$2;=%I>:* >&6-!@# &
M, 8 P!@$[*%B')[[?6<L5,<D# & , 8 P!@# & , 8 P!@# & , 8 P!@# &
M , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8
MP!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# )V4+$.3WV^L
MY8J8Y(& , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
M & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & ,
M8 P!@# & , 8 P!@# & , 8 P!@# & 3LH6(<GOM]9RQ4QR0, 8 P!@# & ,
M 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!
M@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# &
M, 8 P!@# & , G90L0Y/?;ZSEBICD@8 P!@# & , 8 P!@# & , 8 P!@# &
M , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8
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M-WLJD;3JK;FU]0.46YCQ)_&>:*^YVYR%2G:N3/#Y%2S\'(59MQF #%0I52-
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M , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8
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M]]OK.6*F.2!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# &
M, 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P
M!@# & , 8 P!@# & , 8 P!@# & , 8 P!@$[*%B')[[?6<L5,<D# & , 8
MP!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
M& , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8
M P!@# & , 8 P!@# )V4+$.3WV^LY8J8Y(& , 8 P!@# & , 8 P!@# & ,
M8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@
M# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & 3
MLH6(KH^]O9/B?0<L08^6_P!T_9@@>6_W3]F /+?[I^S 'EO]T_9@#RW^Z?LP
M!Y;_ '3]F /+?[I^S 'EO]T_9@#RW^Z?LP!Y;_=/V8 \M_NG[, >6_W3]F /
M+?[I^S 'EO\ =/V8 \M_NG[, >6_W3]F /+?[I^S 'EO]T_9@#RW^Z?LP!Y;
M_=/V8 \M_NG[, >6_P!T_9@#RW^Z?LP!Y;_=/V8 \M_NG[, >6_W3]F /+?[
MI^S 'EO]T_9@#RW^Z?LP!Y;_ '3]F /+?[I^S 'EO]T_9@#RW^Z?LP!Y;_=/
MV8 \M_NG[, >6_W3]F /+?[I^S 'EO\ =/V8 \M_NG[, >6_W3]F /+?[I^S
M 'EO]T_9@#RW^Z?LP!Y;_=/V8 \M_NG[, >6_P!T_9@#RW^Z?LP!Y;_=/V8
M\M_NG[, >6_W3]F /+?[I^S 'EO]T_9@#RW^Z?LP!Y;_ '3]F /+?[I^S 'E
MO]T_9@#RW^Z?LP!Y;_=/V8 \M_NG[, >6_W3]F /+?[I^S 'EO\ =/V8 \M_
MNG[, >6_W3]F /+?[I^S 'EO]T_9@#RW^Z?LP!Y;_=/V8 \M_NG[, >6_P!T
M_9@#RW^Z?LP!Y;_=/V8 \M_NG[, >6_W3]F /+?[I^S 'EO]T_9@#RW^Z?LP
@!Y;_ '3]F /+?[I^S 'EO]T_9@$SVONM^JW^;*EC_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>g853797page008.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page008.jpg
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M'Q\?'Q\?'Q\?'Q\?'__  !$( T@"B0,!$0 "$0$#$0'_Q #!  $  04! 0
M            !@$" P0%!P@! 0 # 0$! 0$            ! @,$!08'"!
M 0,# @('! <%!0<$ 00# 0 " Q$$!2$2,09!46%Q(A,'@9$R%+%"4F)R(R2A
MP8(S%=%#-!8(X9*B4V-S)?"R1#6#\<)D%U2D11$!  (" 0(#! @$ @H!! ,
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M<?Z>P_=_<N':[]7#?R,C^"YFS':SAG'0HETH'[Z44&6:X:?*/<IPC*#W1_\
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MX,493A1\84Q),,1C"G*N%CF44Y1AB*LA840!2*J H@J@H@NC^)1*8Y736I<
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M):WN5+NVG"50-.P*D+,@-"K(6R.%*J194(-$\5Z3DE0(A<%$I$! JI"J"H3
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M+LY; 7=^(MHVM!U)XK.M\2MLI,RW\5R)$S:Z1A>[K<HMME>G;^:46>'M;0=
M[%E,Y=-=<0RW.5M+4?5;3K4+3,0C&7Y[M8MS8W;WCH"TK2996VQ#A6',]UD[
MN6,NHT"HHKSKQ#.NW,N5S1&\-C.X_%J5?7'5ENEZ#R1_@X>X*FSET:IZ)B^A
M8*KEEJB'-UA%);3;10EO%1X*[>'EDEFYD>O0NZCS[2PAE%NR32P&['Q?@"Y[
M\NRGNHM?0TO9OQ+77PY;<L0: KJO0N2W?I8^Y<VSEWZ/=3*8?DE<=G3X//\
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M.6/AF'W@J;'1H:_,X_4,/W2HUJ;8ZL7*3&G);G<!13NGHTT1U>L19&""U!T
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M$B=2O=><(A1!1!6J!5!6J"E2@K5 1 $2K5$*A!2J!Q1"H1*J@44@B%5"54!
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M=G3[?!R][J]>N?.O5@O=T-QO+MD41,I%7 %I%-@ T<=SNE?=;=U==+7MQ$/
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MTX;Y8&CZY.YPZ3T*<B^WOY[.ZANH',\R%P>&G6H'Q-<-='"H/8M*Q/@I;#U
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M-%A,_>WB'">P%@D:/ [2O;U*DPM$L1"JE;10DH5*%"@K$2TO'U7M+7#O_L2
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M %-9Z,;1U;%GRW?W!&X;&^\J)O#2NF93#"<L>3"UA:30UJ>U8VNZ]>K#OV^
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ME9O8T>&O:5S;IZO5[".F5<U#0PS=56'VZA1V]NLPM\SU](M]CG-'@[UTO(5
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MC2'BK"'#K::_0N>8QRZJVBT9B<JHD"A*J"H07A0+P*J%E'M*0AC+5(M*E!1
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M4#LXD?D-[OWE<._WGT7RR/\ MPW;E@?"YO0X$>\+&LXEZ.^F:3",C@%ZCXR
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MV\=VK"KFMRRX$TNC[%:6FGEZ19:PM[EE+L9.!4#+N4H?$4GQN[ROO'R"U2"
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MC#^G8LY=L-UX50J$'Q')\;N\K[U\@M4@@(" @(" @(" @(" @(" @(" @("
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M3KZI1A@8X0':459ET0Z4EQ&T:E4)8_GHE.4/BB3XW=Y7WCY):I! 0$! 0$!
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M6U\KRU !YC+.,<0'"$5IQTHJ_%D2?#<B\E7V-;+=X7%7_GU<V22&"0EIX $
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M(A\2R?&[O*^\?(K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
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M)I<X"C6C0#B5.G5Z,SXRKOW>KI'$.&MW.(" @(" @(" @(" @(" @(" @("
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M>_FW/KK6WX8G\8?0]AB=>/)$N=)9?ZA:^-W\EW2?MK] _P#U=$?TF[_[E?\
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M:.T0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0;RHLTY/C=WE656J00$!
M0$! 0$! 0$'L_H'RJUL-US3<LK(\NL\;4<&C^?(.\T8/:OQ__P#9_P [G-.Q
MI/2,7V?7_)7[(_=]L>3ZO^WNSZ3MG[/I]/%[ OR%]4(.5S-S/B.6L3)D\I(6
M0M.R*)E#+-(141QM/%Q]P&I7K?)ODO<?,>XC1HC-N9F?=K7_ #6GR_&>(<O=
M]Y313U6?/?./J=S/S/(^)\QL,43^7C;=Q:TCH\YXHZ5W?IV+]^^0?V?V7RVL
M36OQ=_CLM'_+7BL?_5[7Q'>_-=N^><5\D1#6@4  '8OJYF9Y>6*!DMKBXM9Q
M/:ROMYVFK98G%KO>./M4$]8Q+T'E3G\7<L>/S);'<O(;!? !K)''@V4<&N/0
MX:%4FKCW=MCK7[DU(()!%".(57(H@QW-M;W=M+:W+=]O<,,<S>MKOWCB$3$S
M$YAXGD\?/C<C<V$^LEM(6%WVAQ:[^)M"M8EZM;1:(F/%K*4B @(" @(" @("
M @("#TCT,Y49EN:'YBZ9OL<$&RL:X5:^[DKY(_@H9/8%Y?S7N/1K],<V_+Q_
M1Z/R[3ZK>J>(^GT^I]"DDFIU)XE?-O;40:^2R6/Q>/N,EDKAMK86C=]Q</X-
M'   :N<XZ-:-25>E+7M%:QF91:T5C,\/GSGKUDS_ # ^6SQ+I,1@S5HBC=MN
M9V]<\K=17[##0=-5]'VORVFOK;]UOPCZGB]QW]K=*](>>AK14@:G4GI)[5Z3
MSYG*J(!HX/:2U[=6O::.'<1J$3E,N6O4*ZM7LM<T]US9FC6WE*S1?CI_,;^T
M*DU<NWMHGK7I+T9KF/8U['!\;P',>TU:YI%0X$<051PJH*@T-?V'@@\?YOPC
M</G9H(FTM)QY]IV,>=6?P.J%I67IZ;^JN?%Q59H(" @(" @(" @(" @(" @(
M" @(" @(" @(" @WE19IR?&[O*LJM4@@(" @(" @(" @4>?"P5>XT8.MQT ]
MZ1CF>/'ZDQ&9?6W+F'CPO+^.Q,8H+*W9&_MDIND/M>25_*?SCYA;O.[V]Q/_
M ,EYG[/#[HP_2^TT_"U5KY0Z*\UTA+6@N>X,8T%SWG0-:!4D]@"F(F9Q'691
M:<1F7R]ZA<Y3\U\Q2W@<1C;<NAQ<!X-A!^,C[<I&YWL'0OZ:_M;Y!7Y7V<:L
M?]Z^+;)\[?Y?JIQ'MS/B_//F?>SOV3/\L<(ROHWG" @(! ((.H/$(/4N0>89
M,IC'6ET_??6 :TO/Q20G1CSVM^$^Q9VAP=QK],YCB4G57.(/._5#'B._LLBT
M4%S&8)3UOBU;_P #E>KM[6W28\D*5W4(" @(" @(" @(" @(/I'T8L\?C^0[
M)C9XOG<@]][=,W /!>=L;2#3X8V#WKYGYG%YVS,Q/ICI#W>PV:_1Z8M7U>/5
M/"UPXBB\W+T)@ )( %2> 1#YZ];>=I,SS [ VDE<1AGECPT^&:\&DDAZQ'\#
M/:>E?2?*^U]%/7/O6_)XOS#N/5;TQQ'T^G^+S=>H\T0$! 03OTVS[][L%<.J
MPATM@3]4C62+N/Q-]JI:')W6O^:/M3Y4<8@B/J9CQ-A8+X#\RRF#7'I\N;0C
MV. *M5T]K;%ICS>:+1W" @(" @(" @(" @(" @(" @(" @(" @(" @(-Y46:
M<GQN[RK*K5((" @(" @(" @(.UR38-R'.>"LG"K9[Z .'8UX>?\ VKF[W'P+
MYXFLQ]\8=':QG97ZX?6+VASW.!I4DTX\5^2;O[*[&_N^NGU3G\X_B^QKW^R/
M*5NQW8?V+R-_]A3_ /'NC_>K,?EEO7YEYU1#U9R<V+]/LK-&=DMR&63' \/F
M';7?\ <NK^VO[-[C5\RU7W>BVJEO7.)S[L9KTY][#G^9?,*SHMZ<YGI^OX9?
M,H%!0<%^XOAQ 0$! 0=_D6]=:\U60K1ET76T@Z*2#3W. 5;<,M]<TGV/6EF\
MT01;U*@$G+39>FWN8R/XP6%6KRZ.UG]_V/+UH[Q 0$! 0$! 0$! 0$%'@EI
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M%1%'V#4])7@]UWE]T]>E?+Z<O7T=O77'3GS2A<C<0<CFWF>TY7Y=N\W<T<Z
M;+2 _P!]<OTBC'M\3ON@K;M]$[;Q2/M^IGMVQKK-I?)US<W-U<S75U(9;FXD
M=-/*>+I'DN<?>5]A6L1&(XA\S:TVG,MS#Y[*X::6;'3"%\S-DFYH>" :@T/2
MTZ@J9C+.^NMHQ+<Y=YHEP1GFAM(KJ\N)K>5TMR"]H9!(9G-#6EIW22;=SJ\!
M2BRVZ?7XXCJZ=6[T>&6T[FS'?D,&.DEMHX(K1UG--6/R8+WYJ-K2T!PJS\MW
M<#V*GP)\_IC"\[XQ'3Z9;LOJ([S;3R;>;R;62%[]TK6.F;#!/!MD;$UL>OS/
M"E !3I5([7SGZ=/T6_JL-6TYTCMG BWG<);6SM;IWG!KV?*VTEJY]LZG@+FR
M[VUX.KT%6GM\_?/XSGJK\>/I]SFV66L(7Y*VN(KB?%Y)C&/)D;\VPP2"2&3S
M"TL<X.;1S2*$'L"TMKF<3&/5'W*UVQ$S$\2Z^*YVQ^*M(H+'&R1>5<6\^WSF
MD'Y:Y^8:\R; \RN%&'@T4J LK]O-IS,^$_C&%HWQ$=(68KG>&T\B6YM);B\M
MK9MJRZ$H+WL'GU8\R-?1A^8!JWQ>&E:%3?M\\3TS^GZ%.XQ'5E=SQ821QMEL
M;ASB\SO>9F/;!.;6.U:;6-[2QK0(JT?7XON@J([:8\?IG/5:>YB8B,.;-S':
MW=[GI;NV>+7-S1W+X8W^-KH9_.;'OH-'M<YA=331U-%?X,Q%<3UJI&^,SF.6
M_P#YRLF9@7MJ<E9V;&1LAL;::WB9''#+YL=NUK8]OD]9(W%WB-22J?T\^G$X
MF?IU7_J(]65EES[=PDLEB(MWW$LOEP%C?(A?N,<5KN8X#RGOW-+]WPM;0 *;
M=M$_3\U8[CKPY>9S,%];Q0P0?+M^9NKV9@IM;)=.:!''3ZK&1MKUN)T6NO7-
M9Z^41]S/9LB8Z.2M6+L\IYT87-1W,A/R<P\F\ _Y;CH_^!WB59C+/;K]=<>/
M@]ATZ"' @$.&H(.H(["LWF*(*@D$$&A' H(ES%Z?660D?=XU[;&\>2Z2(C\B
M1QZ:#6-Q[-.Q6BSIU]S,=+=8_%"+_E3F.P)^8L)2P?WL(\V,]SF55\PZZ[:3
MQ+G"TO"[:+:8NZO*?7Z$ROT\W6QW)G,M^1Y=DZ"(_P!_<_E,I[?$?8%$VAG;
M=2/%/>6N2<=A7MNI'?.9(?#<.%&1_P#:8>!^\=>Y5FV7'MWS;I'2$A56 @LG
MN(+:"6YN'B.W@89)I#T-;J?]B$1,SB'BV:RLV6RMQD)1M,[ORX_L1MT8SV-6
ML0]6E/3$0UK:XGMKB*YMWF.>!PDBD'%KFZ@J5IC,8EU[;FS)#F6VS]X?F+JV
M!#&L#8P!Y;XV[11S1M+]W#59[-?JK-5M$QKX=(<_W#X)A+"YEW)#;@7,(A ;
M<6\$EN2V(L\MD,K9=[F-&C]Q^LL/Z;[OI+JGN<YZ-B_YQP\^/;$674G]1%V,
MI:-ETMFW5K%:[;5SV[?[C>&D$4T)5:]O;/ATQC[)SU7_ *FO2?('J%9NS8R<
MN-DW12F:UI*U\C/SXY=FY["WQMBV/=MJ.+:*9[6?3C*E>YB)SAAM>?60MJ+:
M5DIMK:(2M?&\QRV<TDL3HQ(UPV.$U'@](!'4IGML^/TDKW,>G#FYCF2+(X'^
MG>3,RXE-J9W.E#K9AM('P#R(0!L\P/W.UT/#1:4T^FV?K_%G;=$Q]WX-S)<Y
M6USE)<I%;W#KJ>U^5=#<R1N@C:#&YHCV,8XLW1:AVM#Q5*=O,1C/3*]M\3X+
M\CSM!?OOHY8;J*SO6[FB"2.*:&3YAUTYC7M91\3GOH=WBX'L45[>8QQF/TPF
M>YB9E@GYR<Z"VCCBF:62XV>Z!F\#W8R,Q!C0!\#ZAPW5VFJM&CG_ 'OQ4^/C
MCV?AT:6?SD.7MH@63PW$8=%L\T.MC&9996O\N@/FUFHX\#2O2KZ]4UE%]T3$
M>QERG,<=W)F)H(71SYKY5\LA=0PN@(?+&PC5S'R,:X'30!133C&?Y<IMNCKC
MQ;EQS[?R2V :Z;R+:1\][(XPB>[EF:ULSGED;6-JV,-:=I=];=N5([:(S],)
MMW&<,K>?&RR6%S=VI=>6,[KNK"T1NE:R1D36:![&N\QOFDN-1&V@4?TW,1/2
M>GT_A]:8[B/'E$&C:T#C04JNMRRJB! 0$! 0$! 0$! 0$&\J+-.3XW=Y5E5J
MD$! 0$! 0$! 0$! [B01J"#0@C4$%$Q.'T?Z4>I$?-./;C,E(!S+9L_,KI\Y
M"P?SV?\ 4:/YC?XNM?,?,.R^%;U5]R?P]GZ/H.T[F-E<3[T)ZO.=8@(+V2RL
M%&/<T'B 2$PG*HGF'![AW$A1B#*PDDU.IZU*%$!!CN;FVM;::[NYF6]I;,,M
MQ<2':R-C>+G'_P!54Q69G$=9DF8B,R^:/4WU FYPS+70!\.#L=S,;;NT<[=H
M^XD'VY*</JMTZU]3V/9QIKU]^>?T>!WG<_$MB/=A#EW.)+/3OD$\Z9&]LQDX
M<9\G;^?OF&XOJ[:*-JWPMXO=T!<?>=W\"L3CU9EU=KVWQ9GKAS<;B,?)BLO?
MWLKW?TR2.)C+>6&,2%_F5<TS [_Y0VM8*D&JVOLG,1'BK37'7+:O>39(B[R+
MN,N?"9K.WD!$L[888I;IS2T;&^69:-#C5U"JU[CSCZ>"9[?IF)6W/*(@;>,%
M]"\XZXFBO[UHD\B-MM!YLU(RP2R;74 <WXJZ#I41W'$XYC\UH[;KC++F>29;
M-V6EM+CSK/%EI;)(PM\Z+;$7R1OIM.U\X\/&G'5-?<9QF.LHOV^,S"F/Y<PA
M$3,GD!;W4]E;7EO 9H;9LKKN6C(VRS->VK(J.=4<3U I;=;PCIG'GPM7MX\?
M)=C^5L9<6\AN))[6ZL+UMEDX'RVU0]WFC: :>15\;(FRRG8Y[NBBBVZ8GIQ,
M9CGZ3]1';QA;F>48L9$VZ,SY[(2[YW,='YK+)Q8UL@96KW@R>.GA%6_:4TWS
M;IX_Q4MIB.KB9;'2XW*7>.E<'R6DKHB]O!VTZ.]HUHMJ6]58GS8WKZ9PU%=0
M0$! 0$$^Y YL9LCP>0DVN'AQT[CH1_R'$_\  ?9U*EH<G<:?YH^W]4\((-#H
M1Q"HXU$!!4.<TU!(/6$%WFR_;=[RB,+2234FI1*B @J 2:#B@\TY[YL9D9/Z
M7CW[L?"ZMQ,WA/*W@&_]-G1UG57K#O[?3Z>L\_DB"NZ&YA\<<GE[+&B>.V-[
M/';BYF-(X_,=MW//4%GMOZ*S;&<0TUT]5HCC*49KT[BP_J%;\ISY$7<,S!(Z
MZ@#8Y&AT3Y-CFO<YC'_E_6-*&JY=/>?$T_$B,.G9VL4V>F9RP77(,Y<]UK,+
M=L,,3KF"[DB>^*YFC?.V!TT'Y-'01B0/X#<T'57KW/G^'T\T7[;KT<^]Y1N[
M6SGN?FX)39LG=?P-\P/ADMH8YY(CN:&N.R9H!::5J.A:1W$3/"G]-/3VMW_(
M-VZ[M,>RX'SDQF;<2!KGV['MECCA&X %K7^:*N=T\*JG]3&)GP3';YZ1RJWD
M*2X="+.]C_P5K<7KIVN8V.YNW2,;"'4ILK$[\PZ- J4_J<<QXS]T)GMHF,Q+
MG7_+T=C@);^:[:_(Q2VS)<>P'\EEU#),PR2$;7.+6-^ D"NJTKMS;&.G7K]3
M.VJ(CGJWLCRC%'<R65BV\FEL;IMED[]S(W6[9'1>8=D+/SVBK7;2[1S16HX+
M.F^>9QUC,-+Z(CAJ9CE*\Q5I<W$]Q%,+6X%N]D(>\C<QLC'R$"D6]L@+ _XM
M:<%?7OBTQ"E]$UC+;LN4;2X=\J^YG%^UN-?(R*)LC!_496M<!J'$Q12-=U$U
MX *MM\QUQT_=^"U-%9\?)N_Y'PLETQD-\]T5S"]UH8Y[6X8963O@);.S;',U
MNUA>Q@WC>.C59_U%L<?FO;MHAS;GE"2"X=;F0EQM))8)FN8YCKJVA$\\+P#N
MC'EDF/=J1M=P<M8WYC/M_">D,YTQ'W(X#4570YA 0$! 0$! 0$! 0$! 0$&\
MJ+-.3XW=Y5E5JD$! 0$! 0$! 0$! 09;:YN;2YAN[29]O=6[Q)!/$XM>Q[>#
MFN' JMJQ:,3UB5J7FLYA[SR!ZUXW+MBQW,SX\?E]&1W^C+6Y/1OZ(9#V^$]B
M^>[OY9:G[M?6OEXQ^OYO<[;OJWZ6Z6>GN:YM*CB*@]!!X$'I"\IW*(" @("#
MF\P\R8+ERP^?S=VVT@/\IGQ33'[,,0\3S^SK*UTZ;[)Q2,_3Q4V;*TC-IP^>
M?4/U/RO-\HM6,-A@87[H,>'5=(X<);APT>_J;\+>CK7TG9]C73UYOY_H\3NN
M\G9TCI5"UWN$0*?V>_BB<L@N9FVLEJ)"+:5S'RQ?5<^,.#"?PAYIWJ,1G*8M
M/#>/,N>-O-;.OI##/02M.TD@-8S:'4W-#FQ,#@TC=M%:JGP:YSA?XUL86Q<P
M9N*:29EX_P R::2XGW!KA)+.PQRN>UP+7;V.+7 BG8DZJSX$;K1XLMUS3S%=
MQW$=U?OF;=[Q<%[8]SA(YKGMW;=S6N=&TEK2!4<%$::1C$<$[K3GVK;7F7,V
M@@-M<-C?;1B"*4QQR.$;)/-C;61K_P"6\DLZ6I;36>4QOM#%<YW+W5E\C<W3
MI;6K7/C<UE7EKG.;YKPW?)1SW$;R>*F-58G,1U1.ZV,99!S'FJ2-DNC/'-<-
MNYXI0U[9)FEK@7U%=M6-JRNTT&FB?"KY$;K-&>>:XGEN)WF2>9[I)9'<7/>=
MSB>\E7B,1B&<SF<RQJ4" @(" @$ BAX()URMZA>4QECG'%T;:-AR.KG = F
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MK.(.#:L@?M#V-( /B:QK"XU.T;:T3X5<Y]N3XUL.<M&0@(" @(" @(" @("
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M1^/Z)CMZXG,N=B^4Y[_'V]ZZ_MK1MR'.CAF\TR!K+AEJ7'8QP_G2M%*UI5W
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MZ+<Y@!^KYE-A>/K-!JTZ$+6FR+3,>3.^J:M%:,A 0$! 0$! 0$! 0$! 0$!
M0$! 0$! 0$!!O*BS3D^-W>595:I! 0$! 0$! 0$! 09H+NZMXYXX)GQ,N6".
M<,.TO8'!X:2-:;F@Z*LUB>5JWFO#J6W-_,$,NZ6[?<Q/D;)<02T(EV^7X7O
M\P-=Y$>\-<-VT56<Z*SX8:QOLQ.YJYA=;NMC>$VKY#*ZW,<3HR[>^0 M<UVY
MC7RO+6.JT5- I^!3.<=43OMPI_FCF$O+WWSY'%\TCO-;'('.N"TR[@]K@X/+
M&FAT! (U3X-/)'QK,,V<R\V,&+ENG/QPV_IR&T\#G/8"X#=M8Z1Q:VM!4T4Q
MJK$^K'4G=:8QD_KF7(N ZY=(+IK&SB1K) X1,\N,T>UP:YK/"'-H:=*?#KY<
M(^+9='G\TSRJ7;W-AMFV43) R1C;:-Q>R+9(US2UCSN;45!3X5?+QRGXUB#/
MYNW+##>R,V,CB:/"6^7"US(V%K@0YK6RO%#I0E)U5GP/C6\R^Y@S5^V9M[=N
MN1</\R4R-C<=]&MJUVVK/#&T$,H#0)756O$%MMK<J1YS+QVS[9ETX0/@^5<V
MC*_+Z_E->1O:P[C4 Z]*3KKG.$1MLM?FLJ_&?TI]RYV/(:PVY#=61O,C&%U-
M^UKW.<UNZ@)4_#KZO5CJGXML8RRLYDSS)G3-OI#(]Q?)N#7![C$(#O:X%K@8
M6AE"*4"K.FODF-]_-CFS>8G$@FO)9!*V5DNXUW-GD$TK3IP?(T.*M&NL>"L[
M;3XKK7F#-VMFRRM[Q\=K&\R11@-.QQ>V0[7$%S6N>QKG-!VDC4*)U5F<S'5,
M;K1&,K?ZYFO)DA-].8YC(907DD^<6NE\1\0WF-I=0ZT3X5?(^-;S8[W)Y&_$
M0O;A]R(*F+S""6DM8PFM*U+8F"IZ@IK2*\0K;9,\JQ9;)PPQPQ74C(806Q,!
M%&ATK9R!ITRL:_O"3KK/7'TX/B69O\Q9O?&\W9<^+S Q[F1N=MFW>8QSG-)>
MQWF.JQU6Z\%'PJ^2WQK,G^:N9/-?,,A()I)63R2M;&U[I(J;-S@T$M;M%&?#
MV*/@T\CXUED_,F?GGBN);Z0S0/9+ YNU@C?%&(HRQK UK=L8#  *4T2--8C&
M"=ULYRP197(PW_\ 4()S!>@. FA:R*@>PQ.#6L#6@&-Q::#@K32)C$\*QLG.
M60Y_-N<U[KZ4N:6.:XD$@QV_RK#P^K;_ )8^ZH^%7R^F<_FM\:WFR-YES[6M
M OI/RY1/&XAA<R1H:T.8XMW-T8VH!H::J/@U\CXUF"'+9.&:&:.X<)+>'Y6$
MD-<!;T(\DM<"US/$?"X%6G768QA'Q;9Y9H>8\] (Q#?21LA?YD4;0P1M>2]Q
M(CV[!N\UV[34&ATT43JK/@F-ME]KS5S':3B>UOWPR N<W:V/:USI!,2UA;L:
M1(T/%!H>%%%M-)C$PFN^T3F%&\T<Q-AMX1?R>5:N#X&D,-"T.:-Q+:O ;(]M
M'U%"1P3X-.<<HC=;&&N_,9)]I<69F M;IXDN861QQAY#@X [&M.T. <&_"#K
M16^'&<^2/B3C"_\ KV:KN^=E#MV_<" =WDBWW5 X^2 SN4?"KY?3D^+;S77W
M,.;OXGPWEX^6&04?'M8QKJR><20QK:DR^,GB7:E*ZJUXA-MUIYE:_.YJ2[M[
MR2]D?=VDKI[:=Q!>R1[_ #7.!ITO\5#HGPJXQCI*/BVSE2YSF7N;(V,]TY]F
M7[S!1K6UW.>!X0#M:][G-9\+2= $C56)S$=4SMM,8R-SF88&!EY*WR]GET(\
M/EPNMV4T^K"]S!V%/AU\OIRB-MH\5U[S!F[Z!UO=WCY8'M+)(B&-#@YS7NW;
M6MW%SXVN+CJ2.*5U5B<Q!.VTKSS+GW&0R7SY?-W>:V5K)6N+RTN):]KFUK&T
MC30C1/A5\D_%LPLS659<6=PRY<)["(6]G)1M60@%HCU'B;M<6T=733@I^'7$
MQCE'Q;9RW(.;^8(Y"9+MTT,CF&>W<&-9(Q@8WRO"T.8QS(F-<(RVH 5)T5\E
MHWV62<U<P/BE@-X1;33&X?;[(S&7F5T]*.:ZK!(]S@PDMUX*8T4YP3OM+'<<
MQYZYCDCGOI)&3>:) 0W5L[&QRLJ!4,<R-K=HTT"F--8\$?&MYG^8\[O>]UZ^
M0REYD$C62-<97->\N8]KFDET;7<-"-$^%7R(VV6V^?S=M)%)!>R,? (FQ'PG
M:+=CHXA0@@AC)'- /02DZJSX(C;;S4.<RQL_DOF2+38Z/R R,-VR;0[@T>(B
M-HW_ !4%*T3X=<YQU/BVQAH+1F(" @(" @(" @(" @(" @(" @(" @(" @(-
MY46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(
M" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(
M-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M@(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(
M" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(
M" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @("
M@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M@(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @(
M" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(
M" @(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @("
M@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M@(" @(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @(
M" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(
M" @(" @(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(-Y46:<GQN[RK*K5((" @(" @(" @(" @(" @(" @(" @("
M@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
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M\3AJ$DDDDDDU).I)/$DE75F<J(@0$! 0;RHLTY/C=WE656J00$! 0$! 0$!
M0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0;RHLTY/C=WE656J00$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0;RHLU7L?O=X3Q/059"WRW_ &3[
MD0>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('E
MO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LG
MW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y
M;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)
M]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>
M6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R
M?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6
M_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?
M<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('E
MO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LG
FW('EO^R?<@>6_P"R?<@>6_[)]R!Y;_LGW(-SQ?9=_NN_L55G_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>g853797page009.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page009.jpg
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M'Q\?'Q\?'Q\?'Q\?'__  !$( T@"B0,!$0 "$0$#$0'_Q #.  $  @,! 0$
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M XF@($<;]M /S]E2!^;MH09)L/:?R5("@GWU)#)@$FPJ2"0[NP<Z D.)O]5
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MCK8@:2>"]GT'F*NVT52-<R%>!X]Q_H/MJ\&5DCRF\Y!^;DBO9(C=SWD_"O\
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M:$:3HX.\;EA2"3#RY86Y@HYL?H-U-4E%/-$4/==.^HBS%<?>5"$\%S8Q9?\
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MUCP4<6/LH#>I9V)/-N)]PJ2#I8:B^OL46']X\_J%7R13B60W >TWJI8:N)-
M;%-@?9PH"<?_ "?50DV _E/YJ"A)3QJ"28-[>TT 8\* Y>X. 2!5XE)')F-7
M*%&9K5#+(SMDG^(/UFM[!E=/$[L,S)ZKW'*$+'%")"LW#3J07M^6I;JV4I@7
MH90@Q4/ 2(RI_? O;Z14-BA96H))1A3E#3\21D2'^\UU'Y*E,&S<</"R<P23
M0J[QJH5SP(X]X]U6J0SUF))>..4=J@GW6XUU)U1BT1ZEV ;YLL^WB00SM:3#
MR"+^7,G%";_9/)O8:SN04XN+XD[>^[4U)<#XA!DMB/E[=N6.T6[0L8IPRGS?
M">0/*Q[+6KQY1TNC/H87)S=:UJ2&/N(5&LHC-](=KN??:]C6;:-E&2=:FXYA
M11YETT_%?AQJ$B[N%3/G2\A#ABR <.RKF5<:E2;'"0J.X W]]5-4>?S(RN9'
M<W)5C^4"O:]&CWI,\?U:6",DV6]?2MGSR56:HFU#5V-Q'N[*SM.N)O>5%0OV
MM#[D)JYD9GD)18U/BDX'W=M"8\RQX0 HX "P]PJ"#$;E4>?[372+_P#F-!T$
MU\& %[96U.?=RJ.)/$Z1FD@FCEA<Q30+'+%(/LO':QX56AG3 ^X;+ND>[[3B
M[E& !DI>11R60<'7Z&KR[D-,FC:,JHMD50D@14@B5H#!%2")%"")4T)(E34D
M$2* P0:D&-)H")4T!@H:5%!H-*@%#2HH @I4FA(+;LH#!4T "-W4J*$PC6O:
MHJ22NW8*@&0K]QH#-B.="3;523RS)XB3W\S7RI[Y$E1\(N>_LI4BA$B_$U(,
MB-C[/;VU(,D!> XFA!E49CQ^@5*(-ATISY]U60-0U&95%CVN>P&K4*EM!XM7
MVNUJD@Q)*J,!S;L%62(-3,SL"QN:NB"RBA0&878_"G])J'()$P;>)N+&J%J&
MR)-?B;X.T]_L%2E4AFZY)[@. '=6J*,FHJQ!-10@EW>V@)$<*$&)&"*#V]@H
MV2D5Q<DD\;U0T)=G]% ;@NE=/;S<_P!%"#=#=2"!QYCW]E6BBLF=%+)&%!O;
MF?:>=2PC.KB?8* RIY4!M#<![>=02;$:PN>[\] 34_D%"3*O92:"I)7X^ZH)
MJ)9 ![: XV7(68GVUHC-E"4\35B"ADMSH#7@/I\Z0\ JGC6UO SF>4P]YV[Y
M*7*S,N+'9YIBR2.JD:7('MXJ!:L-;3Q--**&)O<;I\EO*+"LC:L7.CN(F!-T
M)[8G'U5HY<S.G([T>-D!+',)6WQD+R[[\JCM)["$F\[5A8Q3'+9.46\3L;1
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M8"R=A/ ?54U(H3TC3SN>RKJ#XE7(S%#=FU"UORUHFED5I4M* !8<!0$P>RA
M#<: %J RIX4!AGH")/#\]2 IL-7:>52"0-A4@P&MQ^@>^@,,UAI',\Z CJL+
MT!K9^-OKH#5))_RT!4FF[!4 YV3/8<_?0',R\TK">-K\!4@YT<$LCK AM/D
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M&9(-6*D2M"")6I!$J* P4%2#&@4!@(#V4 ,=^RE22)C-*BAC0:5%#&BU*BC
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MRPHVL0Q, /T: <CPO5)W$JMO$F,3QF_&7#Z?AS!N2[8^4/+QC.)/,E51?5&
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MFT<*D@A(X%J (W"I!.]20-5A0&5/"I!@GC0$;]OU5  XGV5(,EK^[\] 8O\
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M..S,JR8P<RNA/:2OA3AV7J+NS5I5DU5<.)>WN'<=$L.? ]KM/3<HQL=)65F
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M#(9OP[;LE<>''2R3SS-Q:%8C>32H^T.RIX5!UXMM3)RI,G,>';X7C6"/#PU
M=H%^".=K'X>8 XW[:.C(3:RQ.WC1=/86)>+%230/UV0H8<.-R'O4.<5D123S
M.6=XQ(IOF,:$B:2]M("#0#?4P]K<A5HW&EB1*%2GB;6<EILC2(VDD,KL0?$[
M'QM[[5Q7U)O#$Z[,HI49UAA+&;I SNP9$D+_ *F,]B*>UNTFN;\>1NK\2O#L
M\+O(?(^9)-A.9-$<:\CY8XDL>VU65F;1#O11G-S<'8\0Y>:?(QET1Q8\27GE
M=3P"Z3=R>X\.^KK;3DBKW$4>;RMZDW;-66&(X^-CLXBB9@S L &9R.;'V<J]
MO96%##B>7N;SFZD96_1$GB.T'M%=AS%;$58[XW$!?$E_M*>(K;34K4L:W %P
M+GC]=*"I+S;=H#<@*L01+!KCFO;<6!/?2C61!@2$<4.L7N4/Q"P[*LI5S*TY
M&&EN=:, _<>1_O"DHA,1Y"O=#97(_4GD?[A//W5&KGF33D:Y%U*!?2RF\4@[
M+_9/LJS52M:&(9]0-UT2*?&O:"?Z*K2O66K0QE)(&$D2^( K(GWU[K_FJ&B4
M<G-B\14'5%,+Q,.TCO\ IJK52:F_8MLQ\IIX)D'F!D2&4D@!9 6+6',I8U$9
MN+S):J1W#IK*1?-P':578"&&1 Y*<@[-P/'\E="O3Z'UE:+B>?SGWW;Y"N1C
M0>6.<T;,R_00*/=W8_IB/+@^+-WR.[Y6-\QYQQ,:-'DR)651X18($X_$S-IX
M^^L9[F[/)Z32,(1X%=.F99XT=<L9,Y%Y%6Q"GWEK_DKDEM)2=92J;+<TR1OC
MZ)SFTF258@>UE)XU*V'21^7T'6VO8,7;I"4FCFF"V:0L0;=H6U@*Z;-B-M])
MC<N2EF=Z"%WT,JC2?B8DD6'YJZS K[WM0S=OEQE74LEFB^&ZO<'4IO\ D-5E
M&J+1=&4VZ6V[=@YS]O>'RUT?,8RI&391IUZ;,[.HOQYUQ2VM>LW5^F!5F],Q
MB;3)N.'O;10+I"*\7F)JD;39@"&6W;PKDO67!5-;=S4Z'TKT:V+I3IW%R-VW
MK<1F=29J2X&#$D+)#C%E-I(W-];2</'P '"N5NIKQ.ANDP3<.GT=F$IS3HT\
MN$#A@WLM5',MIP+>[[R=LPI\J.8QSI"Y@!76FL\%++R(OWU$II)MH/#$XN)U
M%B;AL0>6''Q]WQD)G@75;(N>+H5/A/LK!WHRC6.$EG7)]1G&<JXFO#S'FA,L
M)*R(I:;#D-W"CFT;<-8':.=6LWU+#B:9GT+H#JS).3!M.1JFQLDA(.UHF/*W
M]D]HKJ,VZ':ZLVZ,,6D0/&UTE1A<,K"S ^PBM;<A)'Y7ZPV6/I3?LW:$+IA@
MB;"E^(B*?BC#^Z>!'LKCOV>_T#I.QDG:,R2#&V0?]C@23+9]+B?)1"9?&>:M
MS"]]=<(02[O SQK1YGI=LZ6V7I?HP[[N6XN^9E0:X,2%"0=8\*-<WXCX@!6Z
MDH*LN)E1SE@>-AZQZLS9L>+*E";=C2-)'!"=(1&Y\/A:PY!NVN5[VDJ<#1VE
MP/2;?\C!B19.P;QDY,>5CR1-@2R+&ZRG@W ^)+$WX'C6ROI8U["NC'$ZO3WK
M:VSRC"W!)Y(1C",3@,YCDA) T _$'Y'NJ?R4L\"KM4R._N?K]TI(4F?(S=O5
M?#%&D>L2$_$[6-@%[!5_.CS"@Z'QG?\ KC.W;.GF2>;)VY9S)"T@5"5'#Q@<
MJQN7:Y&JB6-EZHQ]NVUDVS'6/>I\DALOS'#V+:D,=K 6O;C6<KL8Q;7B(:;>
M)V=\R-QW':,F3(9LC]-$292"[2"][MVBO.\^4ZNIT0C@SSV+'D),A<AH[CS$
MD(-F_L6Y#NXUO^3%8I8E=-4=S\.B_P"B_P"=_P M/S5R':>(E.8L[B5D_%N*
M9KG@N/MS"P7N'A^H6';723[,P'6#RYL:+S(=NDML6.>+9 <^.5QV@'C^2@Q[
M3,B101RPDF7%V^09N3,#?YF22Q..I^T%_K-"*T!$OF3+(Q2=E&;E26L(<$CC
MC+[3?E09#60X,5HY9$\S%N++C;6UP_N8@^_ZZD=?:932'A\BT:!6Q\&_^RVZ
M2^K*;^T;\S0=?MR)11LS11P7B+JV'A,W^RC3B<Q_[3]AH2$=GT'&O"TL;/@E
MAQ@BAX9,S?VYK&H'M_ S_A62VGR<4PV0]L&VRGBQ_P#:2/0>WV/HWHST7N74
MV?O)PFCBS\+&QR^-)<(%+,L<0<7TMH74>',U/"I/ ]OE;-N^WS/BYF'+#D)P
M9"+_ %%;A@>\56I4T+BY0-S"P]XM^>FI$T9:2.4 7L/>PJ-<>8TL ,!S4'WB
MH\R/,G2R:W^\O^M3S(\QH9M5E'-U'TT\R/,C0RUC3P@B\BV]AXU:-R/,:&7\
MS-P7\MHY!P6S7X<?IJSFB*,KC,QK_KD^NH\R/,:&;1F8E_UR?ZPJ?,CS&EDT
MRL:WZY+?WA4J<>9&EDC/CNEO-3V^(4U+F*,Y.Z2(BC1XK_=X_FJK99',;B5O
M<<1SX4!ZSTFM^)]027"H(H?,=K!0H=KEK]E9R199'BL[%QL[J_>\C:X=&W2-
MY,'W2"23S[JPSR-%@L3P\O3Q^<:/(1P;.MP"!>Q J5%,AL]9MD,6+@X*9<$<
M\8A" 2\ K V!U?9XBU(S<26JG?BWZ6%1!C;7CQ/;2"H<N ?[UZL[K?$A12*(
MZQW^7)E$$L9Q(;)&=/F!I!\9&JX(7ERYU&HM0XK=6]3[?G2^:GF_,LK L@A"
M.@-F'EJMP0;$5&H(TYVY[INV0N3N$H>9/@,:+'IN .!4:CRYDU23+)&Z#,RU
MLK$R]UQ=OKYU0L7)=LW?=-"B'RX5M^C/A0D=K<R;=U:J+*.2.EA=(Q0D/EL)
MGYZ!\-_;WU+*EO(Q8XK&WL1 ./T"J,LC1\JTA_2\$[(AV_WC_10DY>^]1XNU
MCR(X_F,SX5@7@B</]HW9[AQK6$*F<F>'FDW'<L_YG+8O+8V8\$C4<@H'(5UV
MH)NB,9O"I:Q,08V( K:B269B+7)YFU>A;C1G+-U(93V+=E^RK-%4S0RM+$54
MZ9XC>%O;W>X\JM!\ ^96QMUCE+(7\K)!TF-^%_<:T4N#*TY%NY8V8Z2..D]_
MO-6T%=1D2F[!K7'9V<OZ:@DRVAQ?5_IC@;_UT:J*D// -IO ;V67F#[Z)T#5
M24L2R(8Y 5]I_.*EJI"9!)WB)CG_ $L?+S!\:CV_>JF*)K43QDJLT3ZF7X)!
MR(/V35\R,C"Y+,H4L$D -E[!WU6O,DK,!,K1$:"QX$_9?L/N/;4/ E,P9,W%
M2/)Q!:0,89X6X W[;]A!Y&LY1J74J%%=YRX,IX)+ZBNF-BQ\Q ;:EO\ "1PJ
ML+E'S)G&I=O+*6,#J^H<8FY'W@]]=2:>1BU3,UQ21JYA8)CEU,>1MF4@;&G4
MD&UN'&X!#*;BJ2BGG@63:&4@U:4@;!8#PQK+(B'W,$;G[ZB5M\R8S7(EB8RE
M%$F")S>Q<Y+2'V WM4*V^@ER72=/&@A#*6V\HUKKI,=N8X"_LK11ET%&XG3A
MRX(W,?D2 6U>)P "/BO85;O$8%OYC;4B>2>.9$TW#I*DH/'A=6'=1N2%$R&S
M;KB2[IE1A'FQ!CK'+K")?0QDUQLGW!X03QYU2+E)XJB1,J)*A9FBR&P,V.>)
M<@M$)\8Z2@?3I==8MP=4;Z:YMV]5F70:6E2:Z3F;-ULV)-%AY>W2JD$C2--'
M;6X8$ !7L@YUX7F-*AV)8Y%G+Z^V1]PP\A]NSQ!AZW&MH%<NZZ ;7( "WJFH
MTUE/=>N)]W1\3;X%APY@$;SF5Y67F_B7PCCW56Y)Y<"KE4\UM_SV'OY9)&",
M#H6ZZ ?[5SP%5==!6AZ;$R)G,65*P$\1OC-$P 0#B68=WYZK2*A5O$E'L]KW
MJ.3(Q-VP/T61&5DDB3DDJGQ*+=AKT+$M<:E9M'V/J+RMPVB/.Q;2Q3('5DXB
MYYCAW&M(X!.J/SQ_,%L[RX>P9\"_I7:7#F8"YTK:5?JXU6_)4382P/ Z,G8<
M4[H'6-BXC"1D<187.@\K>WMJJE4FF)I'4J0[7"&GEGR2SZVFNRV8>'2.0MRX
M52<I-C2CF?-2Y,$AU:%N-,8/,^P]]8J*3&!T-NS,N*<1.FCYA#$974$V/8I'
M?WU$FEB5H;MQW&?"9($B7RK7LUW(/;Q]M91A&>.)?2BE+)MN7A.L3J,AF&LR
M \!;CH'96L*QS"B<^)))IXX3CF8+9<=%/#23V <3<UT:B-)MVK+EBW$8TT1\
MOS676PLRO;E6-Y5C@2X\#TF/-#D;?N$P>0R8DN. KZO+<N6%@.VQ[:RC"D&7
M4:5.--B13Y=EO&')$L08_9]@[ZE2:124F='Y7%_]I];5.N705H<1]/F31Y4P
MO$Q7JC*YDH6_1Q*>TCEPYM[J[Q\OJ%;*C:*9(XUW!%,.%!?PP;<P(\UOH)XG
MWT'7VD08\98I,:,S8^UR%=HA[<LRGQR$=JK_ ,E '"8JRJQ.1C[=*,C*>]_F
MY)O]@#VA#_30"0^49TRV++CLN1N\HYMCRV\O$7W'L_JH"3A%,BYITH@7\6*_
M8PWL<;'3V\K@4'MVDS>02IG?HWD54W3R^'EHG'$QU[B_"]J@>W:8F9V::3(4
MB1M&3F(O_3Q\$P4^CF*$DW;BQE7S=+J9U7E*\_ZJ ?V,<\34D4]OJ>AZ,ZWZ
MGZ1GRWV;(21L\''RTG6\>3D8YUO*S AE5$N%TGC56JJA:,J'V[HG?.KNM^GX
M]WVW96&.97B:19HUCD"VLR"0JXO?E63LFCF;-VV'J[!A?)S-ED2"/B\JLLH4
M=YT%C;Z*>4BOF'!3-9R"(TL>1'&I\I$:V;/F7%O OU5/E(:V37,F[ @^BGEH
MC4S8,N4CDO\ JBI\M#4RUAR/(RJ0MCSX 5*MH:F=/<<2'%*!#KU*"0P%6<$5
MJ4U9"WZM+>X57RT3J9+1 18Q)Q]@J?+0ULR<3$8B\0_)4>4AK97R</"4$Z.0
MO8@=E0[2)4V<\OC*+B,AK\AP%1Y2)ULWXVYX:Y8@E+10D*6=5,AL>=E)YBJ2
MA0LI5.[F;5T[+@&39]VF'F^',QQ&(O.T\0'(XKIOVU#IQ8Q./*(,6 0P )&.
M"*@XGV ?TUG*3>"+I4Q90EQRW%^)^[V*.[^NI2H0W4H29$L);&E038]R5!^)
M=7.QY$'N-4<J%TJFR+&CFA\B&9A"W P,[+8=UB>7TVI5$-,VSC#VJ-41?.RF
M%HXT'  >[@JBH;J2D<7*&3D2!\AB['L%](_LJ*E*@+^W=-[AEL"(C'%VR/X?
MJO4I$-GKMNZ8Q,51PUR=I_Y:NFED5>.9=>-(?!V]B#BWU"H;)2-9CE8?]$O>
M;%OJY"H))Q[3D-%+/!C/+I4LQ'QO;DJEK7)[!4I$-GS/>NI]QS)9L6*-]LB0
ME)(SPGORM(>&GW"I2!YV=0KHK$LYN22>/'MO6J95HL"\>.[7T@L%N38V]AKL
MVBK)LY]P\*$//'DMV@$_T"N^&9R2R*\\A)'?P)N*O)$)D%<B;4.%N(X<_;6>
M18Y&]XA64;ECIK\L_I8EXDI;Q%>\KSK66*J57(ZN)-BY.VPS1N9D?B9&.DCA
M8 VN;4A/D3*!B+);B! DAOP)UL#W'D*T;J422+ G$;$675;B"@YGMX=U4HRV
M!5ERV"E=0>ZV/!;:CSM[*JZDU1JP\UH;HQ$H^ZRE;<>6KV4JT*(Z$N3@R%1>
M+1]HACJ!J=8THHR9#P2J,>/7&W&5 P(XC^T>=5;%"PL4>3&3&0#8ZHV-FL.=
MKBK:T\R-+-#1!K@?& +/< ^P,#SIEU$&_'R@V+,A!7(!4L;:@'6^A[C[)[?=
M:LVZ,T6)3R-GC5EG\]I\Q_'+)I0*6[) .SV#NJZM1*N;-2X4P8,'NX[>7TVJ
M7;(4RV)YF7R,V%<B'EXUU?2.ZFIK,43+,/R@BT0LRQ#B(7O(@[?#?Q+5XW$B
MKB;(\&(M=0 QYZ6TWJ_=9&*-RQ2H=1)<#@5>Q:WOJ=-"*E@P&4D:B@-AS('?
M>IH14WKCSA[ DI<AF%NSD/::G2*D-OP1M^4T21Z%R%D>%K7"R >-& YKXKGV
M5"2KUDO'$[7X#N.3L<F-MX+-F*K 2S!?+8./.7S&(NBD?H^VW"N'>K_3?/(Z
M+#[W0<U_3W>DDNL6)QX%I,A&-A;A<M>O N6)-]!V-HI;AZ>[C)$1'\@DM[.7
MRH@#WD M2WMY+D%*B-.W>GFYQ!PN1M@>Q9+945P ./ 'A4SLM\O>5J1EZ'RB
MS%LW;$EDN'?Y@-P(X@ <*E6J<434Z^-TTN/CV7=MNBC*K'(VK43IY<A7-<V[
M;Q<2U3T?0O3 R]T@V7!R8LF.1O,DR8"2BI\4AXVXCE[Z[MNG&%*I]1E/$^T=
M3;$N)CO+MA\F,@#)Q.4<EA8.H^RXMS'.M4RZ1\6];<=IND-LFU%1CYER0;<6
MC(!^@BL=PZ1)63/B742XK-E>:C-E2>6\3@G0-2C5JK.+>I<B64&RYEV.+"EA
M'DM->R@:C=+!@W.WLJU%5LA/ KMYVWY1(-]!L&MXE(["IY&C52&CKPL,B)LL
MF17C4NKR*;:@>-K=]ZYVG7$9FELLRRF&=@LA''@2"!]D'VU546195.AM^QY\
MY58,+);6";K"S+QY&]JZ(VISR3?8RDKUN/BE%=J-C] =28^/')'&8,HZC+--
M/'!;CX0"[+85VP].W$OT/MP.67J6VC^M-]%6:\/IC)BRC-NV\;= #8D1Y!R)
M+CV1(W'Z:ZGZ+?:PTKVZ#!^KP_2IR[*?,[D>5L&/@Y&)-N\^7Y[QOJ@Q"-(B
M-P%,C+6MO_\ Y^7ZIKL7W,WZS*F%OWR^QRP.DXIS.L.XY,K'46>:''4GW1JY
M_+77'T*S^IR?P.:?J=^66B/8W\SI_B6P_P )E_WV3_U*G_T>VY/WE?S]Q^Y?
MRH\:TN%9FF</M4+>3NSV(.5F\='MTC\USVUX![]:]N1(F<,ZYLBKFVT;]-;A
M#A&P2);?:(X</8*#KR^IA#D(\4L**F7&I@V^$GA%MS@@SO[;$\3[ZDGK[3"
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MW5G5&<2<S=LJ:_,&0@?DKK44LC#RH\57KQ^9RY'>4WE=I3WNQ;_TB:DNL,C
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MNS_^D36@BDLE0U  "P%A[*$B@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
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M##_RO4H'B]QCLXOWU*!I@7B*D&R0@<CRH",;65K4!NCD\7&@-R9,6LW;B>-
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M"OLX5=$,NB("%6;X3<*??4D&S&GY+:S%=+#V$<"*A L[A K[>S-V6U-[+5)
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M] [PZC&VHE H'A-E-B1_>J<R,L RN4TQ:$A1E(DU$E@O @=WAX49*-61D/\
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M0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
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M0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
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M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
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M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
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M 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@+U4+%.3XV]YJQ4C4@4
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M!0"@+U4+%.3XV]YJQ4C4@4 H!0"@% * 4 H#(#,RJJEG8A4102S,38  <R:
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M3BYBOAY#'D$R%,>H_P!UB#4,I<3<<.&/N.?/CY&+/)C2WCR<9S&_>LD;6O\
M6+T+IIX\#J]0H,IH=]A7]!N?_:0.46:@ GC/=J_6+W@U"*6\.[R^7 Y4,TL$
MT<\1TRPNLD;'C9D(9?RBK%SU.TQ;5N/5&%N>#EIC32Y2SY&U9&I9!(QNXQY
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M^N^MLWK+>8=US,/'P98,6/#2#%U>5HB9F4@,3;X[6[JMMMNK4=*=<:F>XO\
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MPDUR!P8]-](0>9P[> K:-A*X[E<6J&$]PY0TTXG!K<YQ0"@% * 4 H!0"@%
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MYDIM.J,MD9+1>2TTC0ZO,,1=BFL\WT$Z=7]JUZ:5F2YNE!-///(9,B62>4@
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M6,*6/#APOV<> XUTW=_"$G&C=,VLD<\-C)K&B9-.B<<>E$FX_A\AZMDZD39
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M/C;WFK%2-2!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
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MYL>-%FYD^5%A1B'#CFD>1(8AP"1*Q(1?=58PBJT5*EY7)-4;*M6*"@% * 4
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M@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% *
M4 H!0"@+U4+%.3XV]YJQ4C4@4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H
M!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4!>JA8IR?&WO-
M6*D:D"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0
M"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% *
M 4 H!0"@% * 4 H!0"@% * 4 H!0"@+U4+%.3XV]YJQ4C4@4 H!0"@.ALG3V
M_;]EG#V3;Y]QR5 ,D>.A8(#R+MP5!_>(K.Y=C!5DZ&MNS*>2/39GHIZJX>,<
MB7IV=XP+E8)()I /^KC=F^H5SQ]0LMTU&SV5U<#Q3*RLR.I5T)5T8%65@;%6
M!X@@]AKKJ<K36#/0=,^GO6W5$9FV'9Y\S&4E3E>&*#4.:B64HK$=NF]87=U;
MMX2=#>WMIS54C5U-T1U=TNR#?]JGP$E;3%.VEX7;[JRQETO[+WJ;6XMW/"ZD
M7-O.&:.$[JBZF-@.TUN8I5.UOW1G5?3V/C9&^;7-MT.82N*\VD:R%U$6#$@Z
M>\5C;W$)MJ+K0UN6)P56C7T_TKU+U'D/C[%MF1N,D=O-,*^!+\M<C%47Z34W
M;T+:K)T%NQ.>2.UO7I%ZE[+AMF;AL&0,6-=4LL#1Y&A1S++"SL .WA6-O?69
MNBD:2V=Q*K1Y $$ @W!X@BNLY02 +G@!0'L5]'/5-E#+TUE%6%P=4/(__25R
M?G6?W(Z_PKG(S_P;]5/_ -LY7^M#^\I^?9_<A^%<Y%/I;TVZTZJQ<_*V+;_F
M8-M8QY+-(L=Y0+F*/5\;@=GNX\:M>W=NVTI/,K:VLYIM(\SQX@@@@V(/ @C@
M0172<[5!0@4 H!0"@% * 4!Z#H_H/JGK'+R,7I_$&3)B1B7)>1UBC0,2$!=O
MM,0;#V&L+^YA:59/,WL[>5S(XN9AY6%F3X69$T&7BR-#D0/P9)$.EE/N(K6,
ME)563,I1<71FFK%24<<DLB11(TDLA"QQH"S,Q-@JJ+DD]PJ&Z$I-NB.KU#TG
MU#TX<)-\PVP)L^(Y&/CRD>:(U;1>1 3H-^P\:SM7X7*Z76AK=L2AF<BM3$4
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M% * 4 H!0"@% * 4 H!0"@% * 4!>JA8IR?&WO-6*D:D"@% * 4!]:]#O2/
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MO;F<GU3_ /\ 9+I+^]MO_P"9DK79_P#B3_[OD<^X_OQ[/F<[^:S_ ,9;)_\
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M@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% *
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M0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M* 4 H!0"@% * 4 H!0"@% * 4!>JA8IR?&WO-6*D:D"@% * 4!^G?1;=\C9?
M03/W?&1),C;_ ,2R88Y+Z&>(LZAM)!L2.-J^=WT%/<J+XT/=VT]-BO(\./YJ
MNNR%/X3M?&W9D=I_ZRNO_P!/;YR^!S?^RER7MVGJOYK6+=.]-L>;9LA/TP&N
M;T?QRZC?U'P(B/\ _4G_ / G_P#/5/\ _;V_0G_^?V_<;MO&1_\ PGR?AFH3
M?ATYE\F^JWS3?,\N/P:[U67_ )O>Y_3 F/\ X^'MB5OY2&OM'4BQL3CKE8_E
MJ"?+#&)M6G[-^5[>RK>L^*/4R/3JT=?;,YG\JW_B?JK_ *J+_P!_+6GK'@@9
M^G9L\ITAFY?_ /$8F5YK?,3[WFPS2W.IHSYJ:#_9TJ!;V5TWXK\2G^%&-J;\
M_/B>I]945?Y@NEF L6.UECWVS7%<^Q_\6?\ W?(TW?\ ?CV?,T?S:?\ B'8?
M^XY'_O5J?1O#+K)]1\2.[_-#;_A]TU?X?F5O[OE7O6/I/]V75]37?>")8_F6
M$O\ PQV#Y7AM'S6/\P%_5Z/EV\C7V:=5K7X7M5?2J>=*N=/J-[7RUI-/3+R-
M_*GGEV9@,+.$98D^ 3N%"W^S;E;A5KO_ )JZU\B;=?Q\?;$W>A$TT'H;U#/"
MYCFBEW)XY%-BK+C(00>\&H]15=S%=7S*[1TLOM^1Y#^4V21.LMUA5B(IMK$D
MJ7-F=)XPKL.U@';C[:Z?6%_IK_-]#+T^3UM=?T.;&BC^9JRBP_S$QL.\J2?R
MUH__  _^PHO_ ".WZG0_FE75ZB;6B@M(VU+I1;DD#(E)L!SMVU3TC^T_\WT1
M/J*;GV?<H>C?K#M_1>%G;+O^$^5T[GRF5IHE$ABED01NCHUED214'"]^? U?
M?[)W6I1=)(KLMRH)Q:P/:MZ1^CW7^VYNX>G&>NV[E$NF6'':18 S@E8LC&>S
MQH]K>&P[@;5QK>7[#2NJJ]LF=DK$+JK%XGYY=)(Y'BE71+$S1R)SLZ$JP^@B
MO>3J>%)4="-20* 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
M H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% 7JH6*<GQ
MM[S5BI&I H!0"@% ?3^E?6#;MD]+=PZ)EVS(GR<V/-C7-1XQ$IRPP4E3XO#J
MXUYM[8N=Y7*X*GP/0M[N*M.'&A\O L%'=;\AKTC@J?4/5[U@V[KW:]KPL3;,
MC ;;IVF9YWC<,&C*:1H[>-Z\W8[%V9-MUJ>AN]W&Y&B,#U?V_P#X-_\ #[\,
MG^;^7\C\0UQ^3?S_ #M6F^NW93\%^?YM</X#\N/E:*>U39Z0^M>3T5BR['GX
M,FZ;-D2F3'C@(\^&64@,J*WA=7/'3<>+WTWVP5UZDZ2&TWFA:6JH_0G1O4SS
M;#N6Z9/3<G2>R80:7&ARECAFDC1#)-,\""T2]US<\37A7[7>45+7)GK0G@W3
M2C\T^C_JEA=";ENVX96WS9XW1(U1(71"FEW<ZM=N>NOH-[LW>22=*'C[7<JV
MW4XVS=7XVW>I,?5[8LDF-'N,^X?)JR^;IF,A":CX;KYG&MKEARL^77&E#*W?
M2NZN!V^N/5# ZE]1]FZNAV^?&Q]K^4\W#D=#))\MD-,=++X1J#6%^VL=OM';
MM2A7.OQ1I?W*E<4N5#5ZQ^I.'Z@[CMV9B8,VWC"QY8'2=D<L9'# C1W6J=CM
M'933=:C=[E7&J'1]5O5_;>N.GMKVG&VO(PGVZ82M+.\;JZB%HM("<;^*]9[/
M8NS-R;K4MNMVIQ21Z3TT]>)(MAQ>D-\V#)ZB:&,8^%\FB9$LT,8ND<N.]M1C
M46U#L'$=M8;OT[O.Y&2CU_<WVV]JE%JI]$]1]\R1Z&;OE[KMHV*?,QCC8NTL
MZL\8FD$<$;:++K*68JOP\NRN#:VU^0E%ZJ<3KOSI:;:H?&.@?6';^E_3[=.E
M)]LGRI]P;*9<J-XUC7YF(1BX;Q>&US7K;G8NY=4T\J? \VSNXQMN//['&]'_
M %!Q.@-^R=TRL*7/3(PODQ% R(P;S$?42_"W@K;?;5WHJ*=,3/:[A6Y-LYFZ
M=93R^H>1UGMD7R\[;@-QQ8)K-I((.B33S!L0;=AK2&W_ -+RWRH4G?\ ]36C
MZCUG_,7LF_=+9>%B[!-C[YFXLN&,R5H67'6==$ACE'Z1@0>6E;]M>;8]+E":
M;EW4ZG==W\91I3$\IZ6^K.S]'[1E[)NO3L>[;?FS?,3S H92VD*%>.4&-U55
M\/$5T[S92NR4HRHT8;;=Q@M,E4]?D_S$])[1MF5!T/THNV9V6.,\D>/CQ*]K
M*[I!J,NF_ &U<R]+N2:\R=4NLW>_A%=R-#X06=F9W8N[DL[GFS,;DGWFO9/)
M;JS%20* 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% 7JH6*<GQM[S5BI&
MI H!0"@% * 4 H!0#CV$J1Q#*;$$<B#V$4)3H>OZG]6>O^IML7:]VW0MMP55
MEQH46(3:+6,S#Q2<1<@FU^RN2SLK5MZHK$Z;F\G)4;/(5UG** 4 H!0%W9=X
MW#9=WP]WVV7R<_!E$V/)S 8<"&':K E6':*I<MJ<7%Y,O;N.#JCJ]7^H/5_5
M\T;[_N#9,<!+8^*BK%!&Q%M2QKS:W#4US65C:V[7A1K>W,[F;/.UT'.* 4 H
M!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * O50L4Y/C;WFK%
M2-2!0"@% 973J74"5N-0' D7X@'W5#K3#,E4KB>C.=Z<WX;-NMO^_P /[BO
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M3D^-O>:L5(U(% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% *
M4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0
M"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% 7JH6*<GQM[S5BI&I H!0"@%
M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
MH!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@
M% * 4 H!0"@% * 4 H"]5"Q3D^-O>:L5(U(% * 4 H!0"@% * 4 H!0"@% *
M 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!
M0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
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MF<__ ,F1_P#Z;C_^\EKTO2?[/_<>?ZE_<[#Y-7J'G"@% * 4 H!0"@% * 4
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M/^8CT[V_(R(^M<S='@@A.!M^3AK&MA!)E:))A)?4"J3$_#V5MZ9NFEY:7-_
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M>SLY1E&K[L*TYX\S6[NXRBZ9RI\#YW7H'GB@% * 4 H!0"@% * 4 H!0"@%
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M<%25<75@#V,.(-$ZBC(7%[7XGE4D#4MKW%CR-":&45G=4C4O(Y"HBB[%CP
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M,SXJ^2^+%E2_,H$6,Q*YQS%J:PN@^(&]ZWHRBGGIQICQHJ?&I>S)2IE[NO\
M@<#J')V>?IS#3#D@CS()I$3&Q@&,D1,A\^=S&KQR_"NG6Z.+,NFU;6E)3=<C
M.XXZ4>GW#*Z?P\"/=(Q@-BR/F?Y>7Y5=:1C;@L"3(Z7<IE&]WU#7QU5SP4V]
M./"N/3]O@;3<$D\.)S(]XZ87!PY)_E)01@_X7Y?_ !$6278;I-D,%&I'1V*^
M(@^#2JZ:TT3JZ5X\?Y?;K*N=NF-/<7!O?2&)EJFPY$&*9\3/PY<J>"R@Q8WR
MF(TA9'X9@7SW\/!V\55\NXUWEQ3^-7[L@I03[K^'0<??]]VO<-C&+JB?(P\/
M:8MO81:91)%"T>:IEMJ8?#?4;<!IK6W;E&5>;E7Z%+ER+C3CA\B_MV^=*0)B
MQ2KC/'/D8<>Y&7'\QODUVSRYU#,I91\UQ.BQU $<*I.W-\^-,>.K#X$VYP2Q
MZ#D]-;IL.)L^+C;I%'*9MWA?=5,0DG;;4A&I5D()5#-Q94(8UI=A-R;7[<.L
MBW.VHX\_J>GVB?9]PZ@2#'7;/GA+B?.Y+1C(QLG CDD;* _P\4<;A#&&LBW5
M?BN#?GFI1C5ZJ8]CX<36+3=,/;L.=M>?TCBQXFXC)QH\A/PE$A6-SD1RXF:S
MYDQ(72%:'2=8:[CAV5><;C;5'3O?%8$0E;25<RWL6^=+[;^$9"YL/S4&7C3Q
MY+H#-")5G7,$B"'PQJTB"[.Y8>( 6JMRW.553"C^E./V(A.*2H\:E&'<ND(]
MKVF#+AQ<A$EQOQ<I^O&0F0S94\:)$I>&6.P_6Z=' (&%6T7*NE>CW8>U"93M
M]&9R>K]QCRUVF+YS&S<G$QY8\J7!C\K'#ODR2*$4)$OP,MR%]G,5M8C2N#57
MQZCGOR3HCSU=!SB@% * 4 H!0'MMNWSIG&Q=LC88KNWX;!NGGX_FD8Z19"YB
MW93:[/'J*<2;6Y5QRMS;>?ZJ8]5#L5R"^'UJ0@W38L:?;IXY,%MLQ\*008,F
M.),B/.&&ZZ\K5'^DU9-F4EBI\)L+4<).JQK7GPKP[ YQP>&7+H^YMBW+I+)V
M_9X<@X\!D..VXY05?F8,Q&D?)E\H0E6BG;2K$NR!2-,=UM5=%Q-T[.5.''VY
MFCG;:1LW'<>E)DW"-9,2(386,<G)QU#SOF1Q.)8H0\*)+'*VD,Z>6RM9P2+T
MA&YAGF_=[_N)2MXT*'5FY=.Y&Y[<=NBQEPHL@R+- ?$N&70QP31B*&S1JK<R
M[<3=CPJ]F$TG6M:?'WF5V4:KD;]RWKIB7 R\*!<8Q2P[I*CC'M,<ML_S, ^:
M5U\,?@HOI"FS56%N::>/#CPIC\365RVTUA[C.R;OLF+L,41RL:&.7'6'/Q&B
M)RY,K\1BE>3S A/DG%3AX[<"NG54W(2<LGT<J:?N9QG%1]N?V,P[OT>)L7(*
MQ#(?<C!EWA;2FWX^1)/#DJ0.+3I*L3CXK)[:C1<QZOC3+LS[27.WA3GR]O9%
MK;MZZ4BP\/&RY\5]H>3;G.WK"?/1X()AD/F,$_2*,IU?BS:EX@6!%5E;FVVJ
MZL<>U4IV%E.-%CAA\B$&_=,QS*F1#@:I\V&/=)%B&2LN(,)TEE600Q!=<[*6
M\I%\8U"CMSIA7+#KKUD^9;J\O<<[<MSVL]&2;?BY6/IG3;#!@QQE<I98$D^<
M;)DT#5>5]0NYO<%;6K2$)>95I\?X4*3G'1@T=)=]VC*S(\C(S<#YD8.TQ03Y
M6.)(XX,<!-PQG01D"9@O#@=2^%6%ZS=N25$GG+C[F7C./&F2X=!/TUW? QNH
M=\Q\7/Q-JVW<B#!C[D<F!9,?'R&R$1<W$=9<:6*-;KQ(<^'B;4W5MN,6TVUR
MIU9/,;>Y%.23273]SK[;U1L&#@;SF;1U:XS<K,SSMF%O+YSI'BY"LK3O!#&8
MLC*R2Q.J<V46)&J]92LRDXJ4,**NFF?T2Z#578I.CXO.OV.9Z:[EL?2^]QYA
MZLB3!QI,::?!9-PBCG4QAG>/R/#)D8Y+1+',NAKWY5INH2N1IHQQ_;]>#Z#/
M;S4775RYG,SNKRGI^^Q8>Z961)NFYS/FX^1)(3#MN+_V* (3Y*"1W:1Q%VBW
M*U:0L?ZNII8+XO/I]Y2Y?6C2GG[?<\;78<(H!0"@% * 4 H!0"@% * 4!>JA
M8IR?&WO-6*D:D"@% * P[:$9K7T@FWNH2E5GH,[H[<8<O=(,22/+7:@K3\=$
MI1HXY"ZQGAI7SA]KVUA'<)I5PJ;RV[61C(Z0S,3%WJ3,R\6+*V3Y<3X8E#.S
MY$C1F,<!XTT?#V]G#C4*^FXT3I(E[9I.KR-.!TQG9*;9/(53&W6<X^(BNGS$
MFE]#M'&Q52%86-V%NWAQJTKR55R*1LMI/F5<W9MPPMNQMRR$5<+,%\24.K&4
M:2S%5'']';3)]UO">-6C<3;2S15VFE4O+T9OYFFB:.*,8SLF1,\J^4@2%)VD
M+#5>,1RIX@#Q8#F:I^1&AHMO*I'_ "?OX;-C,*+D[?*(<S$+@3(2Z(&TVTZ+
MS)QU<C>UJGSXX=)'D2Q,;CTINFW0961DRXOE8D[8DC1Y"R!LE+>9!&5%GDCU
M>(7]UZ0OQDTE7$3L.-:\#1LO3N[[W,(MMA6>7S8\?275+/,':.Y8@!3Y3<>5
M[=]6N78PS*0MN61T,?H?=LC:&S8WB7+$RQ)MTKJDLBOA_.KY=SXI?+YQ\Q[^
M%9/<Q4J<.?;0VCM6U4Q)T=ELD;8LFIG+F03:46*"+%ARGGD=2X"6R .''EVF
MU3YZX^V+7T*JPW2GMD4O\M;LNZY>USI'B9&WH9<Z3)D6*&&,:3YCR'AI;S%T
MVYZA:K^='2I<RJL2<M).?I3?L>1XIL<))&F5*RET)T817SVX$W^-2OW@;BH5
M^+^'Q#L21)ND]W'42]/*V-+NI+HZ1Y$;11O&K-(DLWP*T:QL6X\*>?'1KQH2
M[#U:2471V_SX@R\6*/+A=],/D2!VEC,PQQD1BPO 9B$U]_LXU'Y$4Z/#VK3K
M'X\B.3TGO$"AP<;)@;R]&1C3I-$QFR#B( P_]NI4]W/E4J_%^W14/;RK@;_\
ME[H^;C[?CO$^X30O(V,[:+2)DR8QA1O$'.N'GP''G4?D*E7E_"H\AUI[9T,K
MT5N4R[>V'/CS_.X4>=,6D"#&\V8P)',;'2S2 *O>;]UZC\A*M>#IUEOQG@T\
MS4W2.Y0;9GYN<T>))A1^9\@[K\TP&2,4L8KW6/S-0U]NGNXU*OIR26->/#*I
M5V&HU9PZW,!0"@% ";"] >@V7HS<MQW6'!FDBPHG:!9<J1U*Q_-P/D0< >.M
M(S[NVL+FX48U6/\ # WA9;='@9V[I)\S&QIA*]YSC!8XA&_F?,S3Q:H7+*I4
M?+7&NU[U$K]/C]/N3Y'M[S,G1N7HA7$E7<,G)P]ORX8L5D;2^XN$6&745((O
MPM?O-A1;A<<,7\"TMLT:,KH_>L7'R<F<P)A0QQR'+\X>3,DVORQ$UO&6,3K8
M@>(6YVJ5?BVEQ*NQ)5)[5TED;IM.+DX<\3[CG9[;?B8#.D9 B@\^265G(TJ%
MY=G?V4G?49-/)*M1"QJC5&M.D-ZFC26 X^3YA40)%.C220O,,=<B-#8G',S:
M?,Y=O+C3\B/M[Z=="7MY$MQZ,WO;\67*F;%EAA5G;Y?)CF8QQS?+RR*J\2D4
MWZ-SV'O'&D-Q&3HJ^XB>VE%5);1TPF[;9)-AY$@S8I(8F66'1B&7)G6&/'6?
M429B'\RVCX0>ZD[VF5'E\>L0LZHU19_RCMTZ3386[&7&@^>A=Y,=D9\K @.1
MY:*&8".>-24=B+6LPO5?/:P:QPX\'A\"[VZS3YF.INBI-CVB#<&GDE662*)6
M:'RXI_.QQD>9BOJ9F1%(5O,53Q! [EG<:Y4I[98D7=OIC6IKEZ(W'YB&+%R\
M.=9<7#R&F,Z1HLN>MX<;4W^U<W"KV@7X"I_)5,4\W\.)'XS>3*W3VPQ;INQV
MG)ER,7+=_)$<<'FB,J2)I,F[QB.*#3>0]WNJUV[ICJ5&O;+K(M6JNC+'^5L4
M8GCW(+N"8*[M+$(F: 81< LL@.MI!&1+IT6*\+ZJKY[KEA6G;[8%UMJ\<3J/
MZ;2B>;%BRY<B<RY\6+/%C,<4?AP+-\U*6_0-, 2BV-A8GG6?Y?&G+CCCRYEE
MM<'CS/$JP90PY,+CZ:[#C:H9H0* 4 H!0"@% * [^/T9NN9#CRX?EA9X<9E&
M3-%"9)\M9'BA@&HZRZP-I!L;\[<*YWN(K/I^!T?CMY&CIG9,/>LE\23*EQL@
MJSHRP>9#%&B%GGRI"Z>5$EM)-B>/T&UZXX*M/;H(M6E(MQ])XK(D+[EY6XQQ
M8>5N$#0,T<,&:\:C0ZG5(\(GC9UT@'5X3X35//?+#&G86\F/,N9GI]-CXN8Z
MY,LTV)C96=YRXY^3,.'.T+QMD:O!D'RRVBW#@IXU6.ZJUAG19XX_0N]IA6I0
MP^DILW:=MRL7*A;,W*3,(QY)4BC@Q\! \LLSN;KVGNM[35Y7Z2::P5/B9QL5
MBGS(0=%;_D?+_+K!,^4T*PQI.FO1DN8\>=E-M,,K#P.?838$5+W$%V>WO)>V
MDC7N'2>[8.W_ (A(^+-B:8I0^-D),3#.YCBGTKQ\MY$9-7WARJ87XR=,:D3V
M\HJIV)>A,2+T[AZH;+G?*G;S%\G':;!BB\P1''R)TN8<D$^8==ET^'F:Q6Y;
MNZ**GQZ^HT>W7EZL:_ T]5=%;?L_3V#ONW[NVXXN=D-C0QY&))@22Z(Q)\SC
M),S/+C&^CS"%\56L[ASFXM4:Z:]CZ2+VV4(U3+2>G>!E=/X>[;=OHE^9R\+
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M<:3468PZ2'UHM^.F_;:&XU3T]?PYE;FWTQK4\U72<HH!0"@% * 4 H!0"@%
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MQ'YDJ)46%/@<WJ'J[,WK$@P?D<+;-O@GES!A[?&\<;Y4X EG?S'E8LR@"U[
M=E:6K"@ZU;>6/(I=W#FJ4H8S.L-WRVE:58 98<W'?2EO!N,HFGMQYAAX.X46
MWBOA\!^1(U_YFR?P?"VP8N.OX:S2X.8OFK-',\GFF>P?RFEN  S(?" .53Y*
MU-US(5]I)<C?-UGN+SI+#BXF*/-R,J>*&-@DV3EPM!--(&9N/EN=*J0JWX"J
MK;KF^'P+/<R-6=U5G9F%DX[X^/'-GIC1[EFQJXFR%PP! &!8QK;0I;0HU6JT
M;"33Y5IVD2W#:H<6MCG% * 4 H!0"@% * 4 H!0"@% 7JH6*<GQM[S5BI&I
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MPB@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M* 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@+U4+%.3XV]YJQ4C4@4
M H!0"@+B]/[PQ@T[9DL<T7Q;02$S #7X/#XO#XN'9QJGF1YK TT3PS(OL^YK
M$LS8$XB=WC64Q/I9X[EU#6L2NAK^X]U/,CS#A)<#;M_3>[[A-)!BX4C21Q23
MNK(RW2.+SF N.+-'9E':"*B5V,<V3&W)D=QV#<MN@Q,G*Q63&RXHY\7)"DQ,
MLR>8JA[:=>GFO92%V,FTGBA.W**Q#[#N11LB+%?*AAB2:;)@CD>.)702 .^D
M:653<_7RXU/F1RK0C1*F&1OVKI/>-SQH,G"QU;&R<U=MBD)TK\R\>M58VX K
MPOW\*K.]&+H^5>PO"S*2J5OP/=SD2XWX=DG(AB$L\'D2:TA(N'9;7"'L/*K>
M9&E:HIY<N3-./@Y4\,L^/CO+!CKKGEC0LD:'C=V L!V\:ER2S9"C)FY=@W9W
MAA3;,AGR$,N/&(')= !J=1;BH!%SV5'F1YHE0GR8;9=W6?'@?;\E9\F_RL+0
MR!Y-/!M"D7.GM[J>9'.J'ERY$,?:]PR,IL/'PYILN/4KXT<3-(H4V;4@&I0#
MSO4N:2JW@0H2;H8_"\_R)9/DIO(QY!#._E/HCE)MY;FUE;4;6/;36N8T2SH6
M&V#=<=H=>(\6:)TA@P6B<9/F%?-1EB*<N'O]EJKYD7QP^!=0FNLWP[!U)O>\
M9*/BSS[B'=\^?(5@8Y-+2L9W8> D*2+U5W(0BL<.!*MSDV<=%C*JRJ+&S#A:
MMC%U,^6EK:1;G:U!5@HA4*5!4<A;A059D*!R%O=[*$&%1%^%0+\["A+9FA H
M!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H"]5"Q3D^-O>:L5(U(% *
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M@% * 4!>JA8IR?&WO-6*D:D"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M* 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H
M!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@+U4+%.3XV]YJ
MQ4C4@4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% *
M4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0
M"@% * 4 H!0"@% * 4 H!0"@% * 4!>JA8IR?&WO-6*D:D"@% * 4 H!0"@%
M * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
MH!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@
M% * 4 H!0"@+U4+%.3XV]YJQ4C4@4 H!0"@% * 4 H!0"@% * 4 H!0"@% *
M 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!
M0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4!>JA8IR?
M&WO-6*D:D"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
M H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"
M@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@+U4+%.3XV]YJQ4C4@4 H!0"@%
M* 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H
M!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M * 4 H!0"@% * 4!>JA8IR?&WO-6*D:D"@% * 4 H!0"@% * 4 H!0"@% *
M4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0
M"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@+U4
M+%.3XV]YJQ4C4@4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
MH!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@
M% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4!>JA8IR?&WO-6*D:D"@% *
M 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!
M0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@%
M* 4 H!0"@% * 4 H!0"@+U4+%.3XV]YJQ4C4@4 H!0"@% * 4 H!0"@% * 4
M H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"
M@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% *
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M 4 H!0"@% * 4 H!0"@% * 4 H!0"@% 7JH6*<GQM[S5BI&I H!0"@% * 4
MH!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@
M% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4 H!0"@% * 4
M H!0"@% * 4 H"]5"Q5='UMX3S/8:L01\M_NGZJ$#RW^Z?JH!Y;_ '3]5 /+
M?[I^J@'EO]T_50#RW^Z?JH!Y;_=/U4 \M_NGZJ >6_W3]5 /+?[I^J@'EO\
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J?[I^J@'EO]T_50#RW^Z?JH!Y;_=/U4 \M_NGZJ N>+[K?ZK?U54L?__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>g853797page012a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page012a.jpg
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M'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q__P  1" %8 <L# 1$  A$! Q$!_\0 P
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M<VDZ<ATX&'_EI@M8+3.C#NHKU+"UE'DC+_\ 5)P2F"T<'JHWKVE1X].5U/\
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M,$/NLT=M%8SV=K>RNJQ!8PX()%/4U-(PI[<+U ?W![A;WM<-NMC910K(YC(
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MVYVMRTL*-%K:[R%[!X,1^W.W>\+C>!OL4KV=CMU[-%N]D[M#,&C))#Q,/5Q
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M_P!1O3\*XRNK[Y;6TY\<EWC]O:UR/5_U-O8VB/'T[>.WT)#& %C1!Z555&0
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M8H[ILFS[3=6%UMTAN+B'K1W,KFLDS2G5)U,J4_+X4PJ]-LY68Q2IP /?C_\
M[>ED=JF1XR@I10&;$6'YA6Y5(#9[+07W^7M(+U;!+HQQ3RRIK2C&L;$< <RM
M<%<HU1\Q$4>@>Y^TFVGM[<-VMYOK&L;=[CZ:0*HD$:ZF4/7(E1EEA<MGV@>L
MN0H]N=NR=W[#9[U!L\36E_'U(B9(F(H2I#<*,",\)]"7 :Y)9L'G;=GVZ_W/
M:K(JFZ)&\<]NK%E#1C7Z3P])(KA4X2C]1.:J)5WO)V\2K;[=%-N(02WDTLT:
M(C,M:F.NL_8,6+<*JO A19#8V'<.YVAN>Z)!)'=,L5ILD#/;Q4;,_4LAKPY%
MLOC@G<A%Z4Z2Y\OZEN&QEZ;N37EX+F_R*?NWV-VU9;7!NO:O4L'B_2NMAN79
MVE &<UJS$G4O%XSRS&'6;[RE[3/E9;JTLC';&2([K;R#_"F-*CD6%*CS!SQJ
M[5KU%7)X%*[72Z#W:;M,?4L[6]_&0)77Y9/!Z>)YXSMQM_2N./#AW&A9OZXJ
M2S(>Y=_NH]KF$UT9;F[ @C3AD>)H.0P6WCJFEP(W-QZ6WF('0(0/3)#0_ '&
MK.U55,N,BR\QBG;IBB5#*O($XJCF:E;22]P]@6-K;W%S9WNRQ/<Q6AF)L;TD
MDNJ*359] )%10$:1QQ6NP3KS-&Q"3A6F$1(^OE=%.HE#F"?/%72'J+UI/N%_
M<);P$M,RZ26-%"#,LQY*,3"RY.D5B=.ZDJL,3M86", 3=M2DC.S*IIQH%((&
M-&6TMP6/F90_<3D\,$?-C[GO[;N';I+,IMPDFCCFEA%&,,KA"CZRV3<<=Z$-
M#>G@=&_/6L31][CW^[N&2:Z=U4D+0!0 #Y8I>FF7W<9DGN5=&*>+:82="TFN
MFYLW!:GP''#[5I1Q*M^ZW@!NU-W;:GNY %;ZR-+>16%?T>HLCT\"=&1P^/%<
MRK(]-=K23;S8P;AVUO,B:XAU8I-,A'Y#1A7+RQD[S;RM.K58<'\GVERW=4U1
M/S<@)>7=_9[6-R_!'-(ER%4Z"VLU/.F>>*EMILL1P51/WSN=7C,33#IJ2553
MZB#F*_#%J%K$"5P1VNI)+\M$"VLDE*:BPH<CBRE1"<V-':ERN]V>Y]LW\"10
M2H9K2./)> $RJ,R*$!_OQ7N^5J2'05:IB3)LMTV]26$%O)/N$<O3-K C2,Y7
M(4503BU&=4*]/$T+MGV3[NMH!O.[6_\ V_:^@L;Z0">0UJP$$9)%?%B,#=FX
MK''DN(S;6]<J+Q?!%SL;N"WM^ZK_ +>GN#+8W"__ "Z2FA>I"29*+4A>H"2!
M7!.W15X\0HWO,U6L> T[I8/:&0/KEMW.N+IHC,A/S*Q8AC7QKY8%4+*545-B
MAN%-TTR="V"UBC/SFG-@*J/(8!T1#="OW"+/;.VX^[IKR>TDL+R.-+9,XKNW
MN6$<D3+^=:=1&\L-V\(S4HO*10OWI1FG'.)F'=N[D]X![FR6XM+./_(6UVK"
M)U;-;EDJ.HK-ZM).D\\.M0T8/,3=;ECS&3MOMBVWDP;_ -WWEW9[?=2=(.T-
M%N&4>B%)5(Z,9X"B4'#+#E.CQR$Z<,"G[@^ZC36![9V&$;;L,1T16,'H+!3Q
MF89\<'*YR!C#F9]$'++)(H*L"1EE0',85)C(H;I^Q67L6'NQEZEM)/'%HB^5
M(I"RU<_FUJ/ABMZ[]31V%GT?)J UQL]K$B3V,<BW",KK1M="IJK9\"#ANL3I
M- 'O7WS)97*2=R7L5W:1+++.A3I:@0&IJ4UK6FFG'ABE9VK5Z.J4O2>>+K^.
MT==NKTW1>?AR/NT^]WNM>&MM<7FZ(OXWL$E7_B55_?BWNNA],W'_ "1FWSU2
M*$+V[7TT#R>_W=E@JG>MB@4#_FO%/:G[20Z#&)>_@?3KG_'=N6^^C_(L_P#D
MMU#ZH5#=G_J-[?FCU2[5<,Q__+S0R@_8V@XRKW_\WN4_3OPGWJGYC8]<7W0E
M'\>!#N/OUV+>QSV^X6]]8PW*F%I"BR :UT^I5)Y<\5Y?PO>[9J:E;E1Y9%NS
MU2U/RTD9GNG85M.@W#MO=+;<MJZE88V9A(NJE1K%0'^XG'I-OU9IJ-^#A/B^
M F>U3Q@ZHS::/]63(BCL"#QJ&-:XW*E%H_*AJ!R//$U.H698  *<L=4ZA6E"
MJVEAQSI@626^M/\ 0UZDE>CKK5JZOJZ5^-,L10D.[WN%!.I<=8$TBD >M#D1
MJKD>&6,V$2Y#,@L-CENE2:2TCMDE74)M1MJ&OY>?V+CI7J<2)1&)1W78VEF-
MCW29C8M,[ECTZ+-IU&-C\VG13@,L1&_%_4B/3?!E3_\ EW>IHNAN<-IND5-/
M^8A4M3QJPXXL>BNX#U&?#W#V/N#*+C9CMS/FWTSNE:CBH74O'Q&(<)+)G:D^
M R[5MFTP;;.FT332M>H)*W&G3$D1UEBR!<LJ&N*=ZXZX\"W:A@!I]T?;[E-Q
MM5,JVY(G@XZH9#4T_FC;#H8D*5'4T?;9[;>K:"]VV<:=&H!E#C53@5)!&'+$
M<Y5%S?K'N@WK-</'$I(K*J"FD>'$_9@+ND-4:,^[\W=+FXBVB$EHK;]6XDXE
MI",A\%'[<=8C15*>XG5Z>1J_MO; ;"=TM[F.)K%;<WMNWXH"E"7IZE6O!O'$
MSM:H@*=&=^X7N5OUO;R=OM))=[-N4.F"]1M$G3_%$_++]HQT)2IF=)*N0CVW
M<VX]NVPL=OWB^VVPN*LZP3.%U'B=(/[L<L26^85[)W3=Q>VD%A<13AFN'6]D
M5W=V:,ET<&GS#GXX1N%Y1L7P&.S[6VNZ[Q.^[I9B:>&&-;6",LX:9 :RR ?A
MB7AXDCPPF%W3&E28VZUER+'>'=U@L%SMFV6R0WRHL+:/4!%**L6 ^8MS!_?A
M3M-/4\F;&VNJ[%VZY&3;EOFX6S6]EN<AW"RC4H!.6,D,18!C')\P:/B5->6-
M"S;UQJL#.W%WTI:98@_OFQGV[N%;EEB$-PHN+1X&#)+&M LE5]-77-J?OQ9V
MEU437VLS=U9<71_<4]OWB_NIG<F)#3])2ITU'X-0QI7+;W.+P:R_(IV[GHX+
M$&S7T]]N*R7 TZ*J(^2TXC[\(VMM1E0._<U(L[A:!(TE1CI8@&/E4XT;L,*E
M52*;FK4(HP%"/,'&=-8EF.0Y]J2R06VT7PD.FTW%0\9.1]"RH/AK3U>6*]YT
M6&9<VTZ-)Y'WW$M$M>\+U]M1GV:^(O=N"BJI'<'4\8H/P2ZE^[":)XH;-2@Z
M,&;7?R12%8Q1GHN>5:?A^_%_902392W<ZM(LON,4\X@$;,9/29"V?IS9J<-.
M.=9S KIB4MR5J-0FDA%#P(IPX>&+="NQDVWW=[GM+<07MO;;II4(D\NJ*4@9
M#4T>3'S(Q6EMH\,"S'=2R>(J;WN$N][G+?SHMN9=(:.,EE&D4 !;/%>4J8(-
MNN(+"J9BD9R!^8^ QT60S1>P]XN=DN;5OZC+M]O$2T4@%15R*B0\44_#%_;)
M93^E\"G?KG'-&TV&[+%MFK;"ES:S2EKIW=:1,YSUEJ9&N66,3J/3'8>J/T/W
M=AI;#>*XM+^I>\GO]D[(OXF;<]J@E"'I]30%.KR=-)QF*;63-!Q3S%S=/;_8
MMHBDOMEK97+*8O6[2)28A555-278D!:'!J[)YX@2@DJK T;MOV2]O^W(K3=+
MRVDO-ULTZD]Q-*Y5IV7U'H@Z!F2 ,#.]548B&J320?[?VW;K>[GW&RLH+'ZA
MB7,$:I70*:F(%3ED,6]I&OF]@_>/2E;7B8U[_P#=>XWF\1[/;F1;.S0=3IFG
M4EE 9BU>2B@!^.+L7C7B46VE3@8Y:7IVS?MMO=)+V]PC.GYD8Z&7SJK8)XH%
M2HST&ESN-DC6SQHT%/0+A2'53RJ?#SPB42]"ZTBKM_;]Q?A[^]/TNR1!G*UT
M&XTYMZFIHA6GJ;G\,%:VU7616W&ZX1!N[;7M?>+V-U,!<=L;<)I;=#JAM;BX
MT43I T:5(E!8OP/++/%#J?4XVFK=I^?C3[?ZOW%*VI3=%FV$.UMO[5[F:6TO
M=FAN]CVR2)]N6A2>WJM9&B:M=+O4LC5#8/I^XN2E)W'J?XP/1=2Z:MKMK47_
M ,GFU"%[S[;W?9;JNX;M*M_V\"$VNXM5Z-M$JFJ0RQ?_ (=LA4<&Y$XU;DZN
MAA0MT53%Y8;J>Y,O2D<R.S,RHQ!)-3P!Q-407;N.^@@BBFB:%$C$VE@58J[4
M#,#F!@6\0D;%_P!G[/8>T]OO.XW5Q;R;BJQVMJ93IO)FS'2@%=0#$'@.&,^;
MEZO87H:?3IQ,PFNI[2W>*6/HW0+1'352-.39'.I.6+5$RJ\,"_8]L27O;<DL
M5OU=P^NMHI.>B&9M+.4YJ/S<L2II2!TU1IZ;-W!L-]%!MS26%JP.B".3ZR(E
M/_0EI3(5U*1@U-)5+'IR3H7)]YWFYL[[_P"9/6%"8XH;&.0RL"*U!9A\IJ!S
MPZ-)*H$G)-&5=V]HS7*_U.RCAZA!DGD2)K-S3YM<6:*R^6%J5&#.W5"*]W=M
M$(FD+HIJH?//X\<-E<DUI;P*JA%.J6(]=O[OMEK;-)9:C<P1A7(!529*DA^
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MGT=];C5J$MO&VL\R5#T^S7CT^_E62E_<CS^TA1-<F ":@G%!LN(L0E6CSR<
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MO?QO)45V#A+M?# V+#3A2N3'/MGM'9-EV:2\DM4NIK^Y2\6U>D]Q-<.^JSM
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MCIFNM074$55!8B@K4>.)C 6V21W0C30@ZOV:LOC@V3%$=[*[*TD[ 5 ] R)
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M*,R!F:<!@42P9?V[(NJA]#'!I@-"5W!I)+CDXI]IP-QT7B'!5]A8VTOT?2?
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MRXO]/EIDUS1G]1C6*?)F*1K*[!B?3^;C4\33&HF96DY"GIS,.7#/QQ*F XE
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MV"#:2!X8FI4A1ZO'+&R4#Y>73!-,8H#D3B CTU_IY6-?;&U(;UO=W3R@\CK
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MR4$K5]: *]1F,OEX8S8MHTY),5[S9=Q5'%I<== P++\K#F*UR.'QFN)7E;?
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MF=(C;,:LT+O_ *&S^VU]J8Q/=:+.W0<9&E8&0'_<0XJ;=5FA]UTB8)#2K"G
MXTBH:/[(]K-OG>D-U*FJRV@"\N-0JI=32%/M?/[,+N2I$F*JSTK=7+2U5E!)
M-7:M*XIT+53]!&IH=5 N87$@DDKR,QTG.N7GY8XXJM"VIFJ*<B.9P##1^OT1
MMGOXKIAT9+6X656X:3$P.(53CQO91=.RAKQ<:S7C3Y5_9CT,#,F6"0  .&'H
M6R"4@@YZ!XG',Y%)HF8L% (/ROA="3N&,(I+MDO$\O,X.,23U)[,]L'MWLJ
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M91$0 M%<$Z%SSSS)\.6 87$^5F_5CCD/2RD'58**UJ20.-<"R(\RS;M"\FD
M)K7@ TK \<N>HTQ,435D_58JKN'6)E,9*A44CP%10CQP52*4!4IJ\<LVEXR3
M&0SYZ3P.D9T&$MANN2(RUNL8,=#+&Y!727!!/S5.6!"QKCQ/PB=$9?6KA^HO
M  9??7$T)3J=$*9'C4U,E&J26%:9T\<2=6BJ21BK(HJ58:9-*A34<JG$HALD
M#E%74%JN1#&H(\OPTPRH.>1RP8E=(( \L_M.!9+9^@2[OKR';;)2]U=90HQR
M5>+2,1EI XX3?OQM0<Y?2A<GP-4VC:[/9]NBM(F H:S3\#+*_P SM7\QX>6/
M";O=3W%QR:\.2'PAI19G0:]1!^ \!Y<\5(RX##\IH^H#U4\"#ZL,I@0R5&?1
M0TH>(K0XZI J=[[O<);Q[-MS@;CN2L&E !Z%J#IEE(_-GI3^;X8V.C[+U;GJ
M2^B'OEP7S97OW-*HLV5=KVVWLK6&VB0+##I2*/CI4<B?''LE5NK,YL-BG"GI
MI4$?PP]"V<EB"649<2.!Q)!7GE9T<#.BD? D<:8%LE(K1ENET])H*<>8IQSP
MH813Q@DA304_\' ,DR/WH:=9MK6A6UT/K'C(6%&_X1AVWXB[AFLT\U0B@,PY
MF@J/ AJ8MI(0VRI.95S)">5?W8FA#8P=H=OO-*+ZYC-&]-LKC@#QD(/[,!.7
M!')<31H-MM(T4)$BTHH](IAJFP7$MZ9 .%2,N.)J10Y%PT9U,"'&1!X4YXXX
ME^H20EA3,4/CY8ADA#;[C3&K:@" 1@6@D6HI&=J]3(_AKR\<0R3KJ.*DFA/'
MX#'(YLY$LCOJ5R!Q-.?V8YG'9DIQ;AE4CAB"2;J'H\?P5X_^KB:$&:O%,QNI
M(_U&D?2Q#-KR/,#B#XX74L4.X[5M4Y"UB4"/6(Z @FM?4:KF,14F@:M+WH)&
MLA?0J @%E5M0%#30.&%N-1T+FG#@$K2Y@;I!Y$"'4:@,XS!(J,L^6%M%M2JL
M#N&>5S;#2RAG+A405(K1]#$YZ:4%<+J$Z8@?>;F7Z.2(ZU9I&+5<!:JIS*@?
M-0TK6F.J U\!%66S=*F=/E]1&0R\0<-39FT0K[U>M<.(D/Z2YD+PJ?$XMVHT
MQ$3=0ELL;PP1RR1U@<Z^J*TI\M&''EB+CQ+5A-1#\91;9%U)4M36JE\@<N?V
M981)EE$]C<S1B>.KFV=SU!0 &F;>=:\!A+&H-RH/J;I7*I(NFH>4R-KXDH5%
M'+#[!B3EP)HXF=5*+I#PLIZ<5,F'J%&.96GS8(&GQ!\6W2"2&6;6005UZP./
MRTY\..(U9#-%*ER".*-5KI.ESI%2S"O+RI@ Z? N!U_4HQ7059>F@ \%.?(D
MX)+,A<#N60*)58'48RWK?.BT-"%R^;,#!,B*R/T+*DL=&5]48!*H6^4?.:CB
M3EECD=++Q.XVD*Q'U*VJC(2%&?J85XY\L<0^)\,JA&4L-:.-1)+GRSX98XBA
M(68A@M37/T+3CY>&(!R./J'!]+FCBK*S 5Y5H..(852S:WR:XZA5R90P!<_E
MKGXURP(7,(QRL(4%7*1L=)U::>('G]^.J=A7O/TTL0#@!55<U4DM0?E!\,0P
MDRA,R$R,6"M0-'I44J.%!A;"3/BO,[=24,_4 TDFG#GE_#')5.=%@N!^1V^=
MM)D:H9>+ 'A7SQ)S.AKC 05ZE:J.!&)H=5'Z24*62F@U!-36HIPQQ")1.SBM
M=? >D4R'+[,,J#IH?7F2"!BU& I5:EBQ/X0!@6<V:'V;VP=KM6O+P*=QO4'4
M%,X8ZU$0;GXMEQQXSJO4/6EIC],7[>W\@[<>+#LB*R4=/3S09ZA\,9<6TZH<
M5(TEB010OZ=5*2$L0#^&M3EBP],GJDL>S '(G'5THKR:3G6G"GVX4]-70X@W
M/<X-LVV6^N6(CA&2KFTC$T2-!S=VHHPS;V'>N*$5B_Q7P!G)156*&S074CS[
MEN:K_4KYNI,H-1$@RCA6O*,9#SJ<>\L68VX*$?IC^*F7.3DZL,Q2+\P.6=*9
MC+Q\\/3%DT<C:N-5(K7SP<60T<2S@4)/E49_;@P"O*X' T//D3X8"0:.0$2I
M:GP/.O/ $E6\GE7-5) %0#S_ +,"R4)G<_3W4=&^MPT=*4<5 'E@HX9 R51!
MOO;VV=F$%U)'%Q$; .!\"V>'J\Q;MG6V]C[7:MU9P;IQ\IES ^"C+$2O-D*V
MD,,-KIU2QYE> '"GGCK9TBU;SOHK(=4A^RF'@$O5(H2:9Y?VG$D'QI"YJ1D?
MEYFOGB3CB,*7.G,YU'#ECJG4)UD54H&H!Q^..K0ZA-#>::$Y$?*Q\//!5(H%
M PF42(<J<, L S\K%?4,A7->..:(.@58$YCEXXC(D[TCH<?^7_\ YL34Z@MQ
M6<T*D)!*:R-5LUX'.E!EBKF:#21!=+<,C!8'TUTAM,A:G$&E,&D)D5GBG_4<
M0R!C0@+"P'@0*KZ<<P3ZLNZQ2%A#/^FFD9%2 ?ES'$#PP#C49&YI"5M/*WTR
MM$:Z#(>J)&4@DY, OI8G.@PF46BW"ZFLSX;1[B)8FMWJ7IK6$ESX#4>(/A@4
MF#=N5,NWO;^Z+>]DB-K<R1J2(RL)8::Y<!BY;46C.G5,&Q;'O-Y.2;.XB4KZ
MC)&^J@_*H7#7-)$PLN3[!QL["YMDB46\J1QPD?IV['4U*4SIRXG%?4ZE])4H
M=1=M;O.EN8+::$S$A0RD1L:^CTTR \<+U!.*5:,ZM-IN8I*SVSQSZJI57=24
M/ &GXSX\L"PTL<1Q&VOUKE>G(T)@ 9K>W$:%!1FJI&05N)&9P6)%%A^97NX]
MRC>VZEM,^J/)FU'AQI2I52N5,#1X!)K$J1P3K'&W0)8DT7INQ4-R-1RQ% V\
MR9+>YTR$13&17#BD945X*2*<#B:,"JJ=O:W"M+U+9B66OJUGY1SH#SX8.ARE
MEB=Q).ABT1.Q=-'IA8Y#\0U+QQ!&'$D>VNC!;,D$X9"4;(J *ZFH *YX[$YM
M8Y$;1W-'#0D$'*30[Y$\!E3+$.I%42]"[;6%AE(D'K_39?ARJ:XG$&J(A#,6
M $3Z:$,7U"NGRI]V)H<V?'@F9E9H&]#5#"-Z\.(-,0R:GY8;^CQB&9XE-<D*
M@'G7+$49R:+T?4+$])T4J*51V->.65:GGCJ$J1*)9R"6BE4,I4JD1 S_  Y\
MC@<3FRMTKTB.9[>9T4Z2""!Y 95PO2QBDN9^Z,X#4A8,C5"E'-?+AB=)RDF=
MJERU6Z$NMAZ&",N=/AB:,AM$<B7(TGZ>1PZFAHU2?'QQU JKF<Q1W8 81R%L
MQIZ;5 \348BC.;7M)UAN!ZVA=21FVEJZ?A3C@W46VAK["V0W-S_5[JW<PV^5
MA"4TAG/&5@?R\L876-S*,?3AG+/N_J3!)XF@R#70."16O X\HK<UDG["S5$3
MAQZE6H4UX$5 &&V[4N*?L(<D5E:0OJ)95K6A4TS^S%EVG2E =2YG;=1EU4*F
MO$*3BL[;3R854*]Q+<[UNG5"NVU6)*V1((ZMP*K).<OE0>B/[3CUG2>GNS#5
M)?J2]RY>/$H7[J;HLD$(XJ9"-AR)TG[^&-C25FSMH&6K=-FJ/4@!S(X4&0QU
M"*E>,K*CF%'$D?I9&0KP\C@T0S](9,J1M5OPT.5,&"0=*1V'I<$&ORFF H2?
M7$^H^D@KX _?PQU#BK<1RODJ.KL "R@C+XTP#02(I;$SQA9("II4DK6GW8@X
M6]S[;FMPW0B=T(K0!JCF?C@DR ,UG/FJP2 G^1B/W8F@+)H+:X2.K02:C7\#
M4_=AT4+DRL;:]C:AADI_<8U_9AJ 9)T+GYFAE(\-#4_=@SCDQW/4_P *33X!
M&X_=B&<<K'?HTC/!(1P2B,?2/LQQQTJ7+4/0D%<QZ&Y^.6).+$%I=RO4PR5_
M*$;//X8ALX/16TL, 00N0<QZ6_LP*1)Q+UU8 QR$?B'3-/W8C$+ X"7%"5C;
9P-%/V\1B03O]7Z>O3:FC\A_ZU/#!''__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>g853797page012b.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page012b.jpg
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M'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q__P  1"  W 'D# 1$  A$! Q$!_\0 <0
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MQ;TZS*_M[#-<LN)U'/NFVVHU'6. T<."RJDPP[((#<Y_.1N"VHIS7^B Q/\
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#!__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>g853797page014.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page014.jpg
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M'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q__P  1" #\ <H# 1$  A$! Q$!_\0 Q@
M @(# 0$             ! 4#!@$"!P ( 0 " P$! 0             " P$$
M!0 &!Q   @$# P($ P4$!@,-!08' 0(#$00% "$2,1-!(A0&46$R<4(C%0>!
MD5(SH;%B0S06<E,DP='A@I+28T14)355%_!SHR8(DV1%I;56\:+B@X359A$
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M(2/9I152;%9W#WYMGAFQ]QRXM6JQD5W);Z&7;5T7;=R+TD$O3(+"G#+=?[3
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M%"2%+2,NY:NR!=],TB/F)1VXF=$U]R>W/<7M"V7 WPMG9G::SRMNXE,B!J2
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M47*1S^P?9N0[ML;9(Y"))$F@':97?RH0#U4$;#IJU'?WH,7ISJNMV83)7/\
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M;;ZZS:<"1#CAQ5NU9S6N3QUI;>X+A8'DM)">4=LSA^!)J$YK7Z?A75&^=)(
MH$-Q@4KGO&L9FDD<O-XRJP(!.YJ!^ZN@C#6%6,DOMLG;CE)!"BF5JLQ.S5K0
MFOTKMOITK9S*&J:06%AE DMM*L4:[2* S*7?92OB"3T^ TG5*,M)Q*M6[<;G
M);]W)XV[2-9_]B0\8I$'*,MTH0>9=#\Q70C27(]2GS0-$[@OWN:0B9(96%;C
MT\/G!K0$HU*;_#2"#5_3TX)L;CEG[EF5LC$]QBXY(;V8^2VC)3@0YY.7'57K
MOL=-B0.E.SFHE,N8@N@9I[*,-':VA-_&H::91Q0,*AJD =.FEAR YHIE(&+
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MO5&O&-#_ ("JRN2@/'CU4XRY%.<1DO:D..G:]N;K&7\1*0+7U-L['^9Y@ R
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M\JY9WC2<'VSRK'M&78KME,Y[>R%M:?YZQEI')?\ ,8_W%A98Y!-VR Y>-3S
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MR;VB=MN(]TNL8'QZDLL1%-D!:15Q5\"(I;*6O985J[*Q!*%SOM75FZ&AJ_\
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M*C7AX-^"LII&TFU KG96K0Z]+9W%NZ'B?RL*[M[EL^8=N2CK33DEEX5.N4+
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MJDZ&[6/BL+N51.1&Y>AY'[-5A*E**Q%ACYD+;>F>Y+>F,<T;&,EJQFO7\.M
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M\OX$/;X30+UMK1%Y>G@4?4\K?4=51.$B1$U?_P!<OY'D,E7ND2EYQHF,>0R
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MX);=>S,9GKQ<BDW:GM26GFEF:22*&@$;1QJ/PVEW%#](^)U6_K6Q(RQZT!B
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M9J."6XCYM<2GT:UA9)4% 2:'A0@#;K34RB#ACBIB0"CH9+I0SJ'2Y0T1G-&
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M"+<:JD";<E:\9^H&1PF*O+7%=N 74R2P0*_<:B^1AS4T"..N_+X'1[7<SM4
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M:XEQ_.:W%O')&$+ -3=F<4)VV7EXZ",94+J94HEMU,C2+/+Y'>D-Q$@<K0[
MG>E=J@C?3X!J#K"$NRBGO5M;"X:5GBMK="_)F9D/$] >O(]-]-M63<N1C'U2
M+)<I-CDN7/=7,UY)?L[1W<SF5I$)1@2>E13ITU]$A8A&V+;/$!EE2F3)U:,=
M^H5_%9''W]E:7]OS+I=RJ8[V,'ZE6XC^H,!2CJ1K/W'PUF<#& T'BG1W<P7-
M0G=G[D]NY."*%;A["Y5MO5,@90Q%!&Y'!N-/B#KS.X^'W-DDMKC_ *?N,5>A
MNX3QHK/'':6D(4!9([HNT[DF0.&K5O@M2*^4]=8ID2:XQ[%;A)N86T_I^"/
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MNN)&X,H%%8$,I/4#8^!&LG<1TLU"7YNG'RU'^4JP^/@OW[;PR):VQ$DS0)0
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M%JL7^/VZR!<.HN&''BMP G$J3+)=I#:160]2)I&=9+"Y].Z@CS,[_1+S)^@
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MCHMO$R($BV85\. L>[<C97>6Y)8-//;\H)7N',;=U5\P( ^YMOI>\W,97*C
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M:XK6>])B-JH15;\.)4C(E7KYC0FE0*:F,*NES+A$0V0660\0\\O!&>1!R5>
M(0D]2U>H'702GW(-"A6U$,"W 0R6;,^/@;B .ZI#NOP4A?B=.TR,=63XJN2R
M$ERHGN+<1-)Z**0I)RIVB2:(F_7B?O?$ZX6F!P=<)+:,7 @E5[8>G>;MRQJ:
M,&1@6JU?#K37%G%:LB(HI\KD8IY9KAF>2ZE0Q225_$,BJ"@6E*<:#KX:ZU$X
M%=J)+E3R]J;+PR3J959BIM_$@+]RA!J6IN=*%($!<*&J,PUM+'=]V]5S-&X-
MK &Y)$J@AV:M5/UFG+J?LUWOB!$AECSY(AZ4NR-\+>.>82+ZE Q29BO;$@/
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MP9F8*IX&O'>@\=6)1N1MZ8UDA+D+FN2_1?W#F+?UF3OI8_5,2PB )"@UXM0
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B--GI=6G_ .8__P#I/_ O^E_PW_,U%/\ 3ZD?FYX=.Q?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>23
<FILENAME>g853797page015.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page015.jpg
M_]C_X0F)17AI9@  34T *@    @ !P$2  ,    !  $   $:  4    !
M8@$;  4    !    :@$H  ,    !  (   $Q  (    >    <@$R  (    4
M    D(=I  0    !    I    -  +<;    G$  MQL   "<0061O8F4@4&AO
M=&]S:&]P($-3-B H5VEN9&]W<RD ,C R,#HP-#HQ,R R,SHS.3HQ,    Z !
M  ,    !__\  * "  0    !    FZ #  0    !    )P         & 0,
M P    $ !@   1H !0    $   $> 1L !0    $   $F 2@  P    $  @
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M 0,1 ?_=  0 "O_$ 3\   $% 0$! 0$!          ,  0($!08'" D*"P$
M 04! 0$! 0$          0 " P0%!@<("0H+$  !! $# @0"!0<&" 4###,!
M  (1 P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,')9)3\.'Q8W,U
M%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34Y/2EM<75Y?56
M9G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1  (" 0($! ,$!08'!P8%-0$  A$#
M(3$2!$%187$B$P4R@9$4H;%"(\%2T? S)&+A<H*20U,58W,T\24&%J*R@P<F
M-<+21)-4HQ=D154V=&7B\K.$P]-UX_-&E*2%M)7$U.3TI;7%U>7U5F9VAI:F
MML;6YO8G-T=79W>'EZ>WQ__:  P# 0 "$0,1 #\ ]522224I))))2DDRS.J]
M<;@WU86-C6Y_4<AKK*<2F&^QI:VR^ZZTLIHI8Y[&;WN24ZB980K^NF8#ONPN
ME5NU K:_*N;Y.?;]GQ__  )+_FUF7.#LWKF?:>[*75X[#_9QZFV?^"I*=USF
MM!<X@ <DZ!8/6OKGT;I5K<075Y/4+?YO%98QD:;M^1?:YM.-4UOYUKO^+KL6
M5U[ZO=(H=C=/P\8Y?5^IO<VBS,LMR&U,:-V5G6U76NK<S'8[]'7_ (2^RE6:
M\?Z@_57!KPLAV'6:QJ;@RW(L=^=8YC6OOLL=_(8DIK?\XLK,M:R_ZP],Z5N(
M IQ=N2[W#1KLS)<S'W-_X/'6AC]&ZA?7Z^']9\JZ"=KPW&MKD?FN:RC:[_/5
M.SZP6YS/1Z#]6;LRK\R_+K9B8^OY[/M#?4L9_P!:57H_U8^N;,W+S+,O"Z,W
MJ#6-MHP:MY9LW;75-LVX[;WM=M?D/]9)3T/1>IYS\W+Z/U3TW9^"UE@OH!#+
MJ;=PJN])Q>['NW5/9=3N_P"$J_1O6RL[HW0L'HU5C<;?9?D.WY67<[U+KGC_
M  E]I^E_4;^C8M%)2DDDDE*22224I))))3__T/54DR#E9V%AL]3+R*\=G[UK
MVL'WO+4E)TEA'ZW]-M=LZ93D]5?_ -U*7.8#_*R;?2QF_P#;J;U_KCFR*L;$
MZ369&Z]YRK?)[:L?T:/[+KTE.ZL+ZS?\W;*ZSU//;T_*QCNQLFNT5Y%;G>W]
M%'N>VS_"4NKLKL3GZL694.ZKU/,S#^=56_[-2?+T,3TW._ZY;8L["Z1UCH+A
M]EZ/T_J(!@9-!&+D;?&W[0V]K[/ZF2DIK5?7+K&!3;;=A9'7>GTUEXZGCX[\
M5VA(+;L7)V^IM^F_(Q?T7_!+5KN^M_5*FW8UF!TW$N ?7:PNS;"QPG<PC[-B
M?U?YY,?K!]9;?T>-]7+FVD'WY.1374#XEU3K['?]MJ]]6>DW]'Z15A9%C++0
MZRQ_I MJ8;7NN-&.QWN;15OV5)*?/,SI/5/K!]8^J=.QNHY.1G=/J],Y;W"E
MK6AH>[%V8S:ZVMS<QW_6Z\7\]=1]5A]4^EOKZ>, ](ZL[V[<YH]:UXY=1GG=
M5E[G?]Q[?^LUJQ^Q.M]%ZGG]3Z(*,ZGJ5GKY.#D'T;/4^C^KYK18W9_P5]26
M=U'J74<=^!G?5:[(;8W6NRW'-.[_ (_U-S-OYMK:]Z2FT[ZP=0S<FZCH6"W+
MJQW&JS/OM]*CU6Z654[66W9'I?0LLK9Z?J*S@]9+\AG3NI,KQ.J/#W,QJ[/6
M#JV;?UEKFM:ZNIV[;^G94]8G0/JEUS'Z51AY?5[L/'9N+<'#%8-37.<YE'[0
M-;K[?3:[^<_1^]*CZK=;Z+U3-O\ JY]B%'4&U>I=G.NMO8ZMI98[=+O7]5SO
M6]]K/TB2GK'W5,>RM[VM?:2*V$@%Q W.V-_.VM4UQ+NA?6?I_P!8J>L;/^<5
M_P!E=4+;KF8U=%KW_I#CX^RSTZ74?H_T?J6_SGJ+0OP/K!E8UN5]8>ICIV%2
MQUC\;IA=60U@+R^_J-OZQ[6_290RE)3T61E8^+4;LFUE%0T-EC@QHG^4\M:L
MC*^N_P!4\0D7=5QY$ BM_J$3_P 3ZB?ZNU6]1^K/3G=:K;E765,M<+VM>3/N
MH?8TMV>MZ19O=^^K'5OJ_P!/ZGTRWIK@<:J[;+\<-K>-CFVLV^TM^FQJ2FQG
M]5Z=TVJNW.R&8[+GMKJWG5[W&&LK9]-[E:7._P#,/H;ZK/M1R,S,L  ZCD6N
MLR6%I#V/QK7^W'<RQN[]#6F_YGW72,[KG4\EA_P8N;0V/Y7V2NESO\Y)3T:2
MYO\ \;_H%;=^*<K&S!JS.9DVFYI['=98^MW]1]:O?LOK.V/VP_=]D^S[O0K_
M )_=N_:4?Z;T_P!'Z']'24__T>YR_JV,K(NR<OJW4!39)^S5WBBEC?W&_9V5
MV_Y]RJ8V!_B^P\O8U^ _.$ G(N9=?/YLNRK+;MR^?$DE/U2(@1$=HXA.OE5)
M)3]5)E\K))*?JE)?*R22GZJ27RJDDI^JDE\JI)*?JI8GUOQ+,WHSL7U648EM
MM0ZA;8\5AN('A^9%KH:W=4W8OG!))3]45[-C?3CTX&S;Q'YNV/S5)?*J22GZ
MJ27RJDDI^J4E\K))*?_9_^T1[E!H;W1O<VAO<" S+C  .$))300$       Q
M' %:  ,;)4<< @   M61' (% !U%;65R82!);F,N(#(P,3D@06YN=6%L(%)E
M<&]R=  X0DE-!"4      !"",M>-:NTB$=UOSUDWP^:1.$))300Z      #E
M    $     $       MP<FEN=$]U='!U=     4     4'-T4V)O;VP!
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M;       0W)N0V)O;VP      $-N=$-B;V]L      !,8FQS8F]O;
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M;G5M     %!G4',     4&=00P    !,969T56YT1B-2;'0
M  !4;W @56YT1B-2;'0               !38VP@56YT1B-0<F- 60
M     !!C<F]P5VAE;E!R:6YT:6YG8F]O;      .8W)O<%)E8W1";W1T;VUL
M;VYG          QC<F]P4F5C=$QE9G1L;VYG          UC<F]P4F5C=%)I
M9VAT;&]N9P         +8W)O<%)E8W14;W!L;VYG       X0DE- ^T
M ! !+     $  @$L     0 ".$))300F       .             #^    X
M0DE-! T       0   !X.$))3009       $    'CA"24T#\P      "0
M         0 X0DE-)Q        H  0         ".$))30/U      !( "]F
M9@ ! &QF9@ &       ! "]F9@ ! *&9F@ &       ! #(    ! %H    &
M       ! #4    ! "T    &       !.$))30/X      !P  #_________
M____________________ ^@     _____________________________P/H
M     /____________________________\#Z     #_________________
M____________ ^@  #A"24T$         @  .$))300"       "   X0DE-
M!#        $! #A"24T$+0      !@ !     CA"24T$"       $     $
M  )    "0      X0DE-!!X       0     .$))300:      -I    !@
M            )P   )L    : #@ -0 S #< .0 W "  00!N &X =0!A &P
M4@!E '  ;P!R '0 ,@ P #$ .0 M #$ ,@    $
M     0              FP   "<                      0
M               0     0       &YU;&P    "    !F)O=6YD<T]B:F,
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M;&EC951Y<&4     26UG(     9B;W5N9'-/8FIC     0       %)C=#$
M   $     %1O<"!L;VYG          !,969T;&]N9P          0G1O;6QO
M;F<    G     %)G:'1L;VYG    FP    -U<FQ415A4     0       &YU
M;&Q415A4     0       $US9V5415A4     0      !F%L=%1A9U1%6%0
M   !       .8V5L;%1E>'1)<TA434QB;V]L 0    AC96QL5&5X=%1%6%0
M   !       ):&]R>D%L:6=N96YU;0    ]%4VQI8V5(;W)Z06QI9VX    '
M9&5F875L=     EV97)T06QI9VYE;G5M    #T53;&EC959E<G1!;&EG;@
M  =D969A=6QT    "V)G0V]L;W)4>7!E96YU;0   !%%4VQI8V5"1T-O;&]R
M5'EP90    !.;VYE    "71O<$]U='-E=&QO;F<         "FQE9G1/=71S
M971L;VYG          QB;W1T;VU/=71S971L;VYG          MR:6=H=$]U
M='-E=&QO;F<      #A"24T$*       #     (_\        #A"24T$$0
M     0$ .$))3004       $     CA"24T$#      (;P    $   ";
M)P   =0  $=,   (4P 8  '_V/_M  Q!9&]B95]#30 !_^X #D%D;V)E &2
M     ?_; (0 # @(" D(# D)#!$+"@L1%0\,# \5&!,3%1,3&!$,# P,# P1
M# P,# P,# P,# P,# P,# P,# P,# P,# P,# $-"PL-#@T0#@X0% X.#A04
M#@X.#A01# P,# P1$0P,# P,#!$,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,_\  $0@ )P"; P$B  (1 0,1 ?_=  0 "O_$ 3\   $% 0$! 0$!
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M?3CTX&S;Q'YNV/S5)?*J22GZJ27RJDDI^J4E\K))*?_9 #A"24T$(0
M50    $!    #P!! &0 ;P!B &4 ( !0 &@ ;P!T &\ <P!H &\ <    !,
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M(" @(" @(" @(" @(" \/WAP86-K970@96YD/2)W(C\^_^X #D%D;V)E &1
M     ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$! 0$! @(! @(#
M P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,#_\  $0@ )P"; P$1  (1 0,1 ?_=  0 %/_$ :(    & @,!
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MKW6,< :0"EN+,"+6_J?Q[]U[KL6YO;\7Y4_D_6P'Y]^Z]UTRJ3R>;@CD W_
M'TY]^Z]US-K<VM^;_3_8^_=>Z\+\W-_Z<?3W[KW7?OW7NO>_=>Z][]U[JL3^
M;OU5N'O'X:Y?J<[WV/UITEO3M7IBD^8W8._>P,=U?B]J?##%=A8;<7R-JJ+>
MV8K,?B,-D<KL?#R8TFIGBA>CK:A2P)'OW7NK)<&,'_!,,=M?PK^[G\+Q_P#=
MX8,T@P?\%^TA_A/\'_A]Z#^%_8>/[?P?L^+3H]-O?NO=.WOW7NO>_=>Z][]U
D[K&P! UV'UM=OIQ]?J+^_=>ZX:([_J7Z6_5^-/U^OOW7NO_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>24
<FILENAME>g853797page161.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g853797page161.jpg
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M'Q\?'Q\?'Q\?'Q\?'__  !$( T@"B0,!$0 "$0$#$0'_Q "^  $  @$% 0
M             @0% 08'" D# 0$  @,! 0$              @0! P8%" <0
M 0 " 0(#!08#!@4! P<-   ! @,$!1$A!C%Q$C(305%AD5('(D(4@6)R(Q4(
M@I(S0V.AT5,6L=,D1)0E1?#!X:*R<[,T5&16%Q@1 0 " 0$% PL# 0<$ P$
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M!ZE_JGY@>I?ZI^8'J7^J?F"Y^+ZK?YK?]J*2GD\]N^4D460
M
M     !>024\GGMWRDBBR
M                                       +R"2GD\]N^4D460
M
M            !>024\GGMWRDBBR
M                                              +R"2GD\]N^4D46
M0
M                   !>024\GGMWRDBBR
M                                                     +R"2GD\
M]N^4D460
M                          !>024\GGMWRDBBR
M
M+R"2GD\]N^4D460      !*E,F3)3%BI;)ER6BF+%2)M>][3PBM:QQF9GV1#
M$SHS%9F=(<M=*?VT=<;O@IJMWSX=AP7X37#EB<^JX3]6.DUI3NF_'X/+S?EL
M=9TK\WL>CC_'6F-LZ-TY?[2\?IV]'JB_J\/P^IHZ^'C\>&7BKQ^9_CZ_@W3^
M,CCZOBX[ZW^QO7G2>GR:[)AINNUXHXY=;H?%:<=?JRX;1XZQ'MF/%$>U>Z?\
MCCR3INGO5<W0WIMC;#CZ)B8B8GC$\XF%]1
M                                         7D$E/)Y[=\I(HL@
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M  B8GG$\8^ $VB.<SR F8CMGAQ[
M                           7D$E/)Y[=\I(HL@     #ZZ72ZG5ZG%I=
M+AOJ-3GMX,.#%6;WO:?96L=K7ERTQTF]YBM*QK-IG2(COE.E+7G2L:RY3V+[
M"[QN5JZWJK<)TV2_"9T])_4ZKNOEO,TKW1XGYG^6_P#Z;TV&9IT>/[LQ^ZWR
MT\T?5/\ A='TOX')?;DGE\O+BWGC^TGVPV?19-5K]+X]/IZ^+/JM?J+^"L>^
M?#..O[.#CI_YU^;ZS+&/#;2]MU<=(U]<6EZ?_J.EQ5YK>N?[&P.H>K/LYI[7
MP;-TGCW'P\OU>2V32X>7MK^*<DQ\>$.^_%_A?^0WB+=3ULXOXQ%;V\^SECTR
M\;J>KZ.)TI3F\^GEZFWM'T?OW5V2FIZ6Z/RX,7BY:G!?-.#]F;4VBO[:V=A@
MFW3QIFS_ '9_E6E9_P $//M2<G_CIR^>?U<@?_U]]_\ 3]([GM&Z3@UG3^73
MVG-HM?K*Y[X8Q?S*Y,&2/%:EZ6KQB/'X?@U?[GIIR1:NRVO9#?\ :S128G=Y
M=[#?:*NRY_M[]Q8WG/GTVTY-+H?U6HTM(R9ZTF^6>-*6XQ,\6WKIM&7'R[]9
M:^BB.6T3W>UL;J[3=$:?%AGI3<-?KN-<DZR=?@I@FDQ$>GZ?AX>+C^+C[N2Y
MAG).O/$1X*N2N.)CE<H]6;QTOTCUEM6T:#H[:-5AW32[?DW3+K,4Y;VC4\,4
MUT]9GP8.$1XIF*SXK<Y>=AI?+CFTWM&DSII^O%>O:E+1'+&U8OJ>CMM^[-OM
MSBZ.VK)T_J=7729]1FI?+KIOJ,49?'346M,TK2;16M*]D>U'3);!]WGMS:>;
MT):TC+R<L:>MBNB?MM@QUZLWG'MF'J'/L6YY-IV/:]?GQX--?)CR<+9]5;):
ME;^"DUX4X\^?MX<-O4=5/R5UY>:NLS&_S->'IXCFG372='WZOZ5S:_H+?=VZ
MBV#:.F^H-GI34;9JMFS:>N/68N/#+@RZ?%ER_BK'EM[^'#V\8X<W+DK%+6O6
MV_FUV>=*^*+5^:(K/=I[VG6F[],]%X.E)VOI3:M9NFY;%I=3KM1N&#U<7AM7
MAQIBB:U]6]_%-\D\^$1#."E\LWUO:(BTZ:>6Y#+>F.M=*QK-88_[?5W[_P +
M5U.@Z)V#6Z*N7)37=0;_ &IBKJK6O:8Q8;9K4BLTCC3C2)KR]_%/JN7GTF]X
MGA7L.GB9K'RUTXS_ &PPOWEZ7VOISK:=+M>"-)H=;H]/KJ:*M_4I@OF\47QT
MOSXT\5.,<.7/ER;N@S6R8];;9B=%?K<<5OL[6QEU3
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M1XKXXF+<==?%HZO)2^DUX-E+BF
M                       O()*>3SV[Y2119     &L3,3QB>$QV3':P-?4
MR_\ >7_SV_[32.$>B$N:2;Y+1PM>UHGMB;3,?*9(B.$>@YI191=O_P"WO?-O
MW+[8;7I=-DB=3M46T>MP_FIDK>;5F8]UZ6BT2Y7\ECFN:9GMVNCZ.\6QQHY)
M4%IUE_N+^Z>BWO-CZ1V3/&?0:/+&;==7CGC3)GQ_Z>"EHY6KCG\5Y[/%PCV2
MZ#\7T<T^>V^=SR.OZF)^6'"+V7D@
M                                 +R"2GD\]N^4D460        !DMA
MZDW_ *>UWZ_8]PS;=JYCPWR8;<(O6)X^')28FEXX^RT->7#7)&EHU;<>:U/I
MEF]^^['W'W[26T>Y[]GOI+QX<F#!&/35O'NOZ-:3:/A,M./HL5)UBNUMOUF2
MT:3+:41$1$1'"([(A:50
M                          %Y!)3R>>W?*2*+(
M
MO()*>3SV[Y2119      &GBJ,M>,1/">4C#3Q1_\XSHUCF,-(M6>R?9QCXQ[
MX&=#QU_Z>*>[W]WQ#EEKXHX\./MB/VSV0&C3Q1SGV1VR&C7CSF/;'*8GE,=\
M!,-/%7W^V8X^SC'; :$6K/M]G']GO#0\=??V1QGX1/M[OB'++48
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M3K'EZ/0P/7V'I#7;[;3[1N>D_P##'1VDTF/3::<OBR[E7-GG/JZ:6U?PWO\
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MUK:]:>2MK13^&)GP_P#1[</&MO:,H@
M                            +R"2GD\]N^4D460      X <  .$?(#A
M'N[>T#A '"./'V@<( X1[@.$<>/M X1[NT#A
M                                      +R"2GD\]N^4D460
M
M           !>024\GGMWRDBBR
M                                             +R"2GD\]N^4D460
M
M                  !>024\GGMWRDBBR
M                                                    +R"2GD\]
MN^4D460
M                         !>024\GGMWRDBBR
M                                                           +
MR"2GD\]N^4D460
M                                !>024\GGMWRDBBR
M
M      +R"2GD\]N^4D460
M                                       !>024\GGMWRDBBR
M
M             +R"2GD\]N^4D460
M                                              !>024\GGMWRDBB
MR
M                    +R"2GD\]N^4D460
M                                                     !>024\G
MGMWRDBBR
M                           +R"2GD\]N^4D460
M
M!>024\GGMWRDBBR
M                                  +R"2GD\]N^4D460
M
M       !>024\GGMWRDBBR
M                                         +R"2GD\]N^4D460
M
M              !>024\GGMWRDBBR
M                                                +R"2GD\]N^4D
M460
M                     !>024\GGMWRDBBR
M                                                       +R"2G
MD\]N^4D460
M                            !>024\GGMWRDBBR
M
M  +R"2GD\]N^4D460
M                                   !>024\GGMWRDBBR
M
M         +R"2GD\]N^4D460
M                                          !>024\GGMWRDBBR
M
M                +R"2GD\]N^4D460
M                                                 !>024\GGMWR
MDBBR
M                       +R"2GD\]N^4D460
M                                                      !+%CR9
MLU<&"ELV>\\*8<=9ODM/PI6)M+$S$;92K69W.1.E_L!]RM^\&3+HJ;-I+?[^
MXV\%^'PP4\63_-X5#-^2Q4[>:>Y=Q=!>V_8WY_\ Y6W'_P#DN+_V2W_G5/\
M]Q']/K6/_6=[K_D\]N^7MO(19
M                                       &EK5K'&TQ$?$9B-6\.E?M
M+]PNI_!DVW:,F+1WYQKM;_Z-AX>^OCCQW_P5E4S=;BQ[YV]RUBZ/)?L<Q=+?
MVK[1@\&;JC=<NOR=LZ/11.GP\?=.2>.6T=WA>5F_,6GZ(T\7H8OQU8^K:Y>Z
M<Z,Z4Z:P^CL6U:?05GE:^*D>I;^+)/&]OVR\O+GOD^J9E?ICK7=#,M28#SYR
M>>W?+N')(L@
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M\WNB'T_\.;7_ ,__ +3J/_.,?[B_=Z(]R7^TIW__ "M[W0S)Y[=\NQ<VBR
M
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M7F5J(T:C(#SYR>>W?+N')(L@
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M(L@
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M9[9GXRU7R6M.MIU;\>*M(TK&C[H-@     #SYR>>W?+N')(L@
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M219
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M6L5K$5K6.$1'*(B%=;B-&H          //G)Y[=\NX<DBR
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MGG_#Z/?JRT1$1PCE$=D*ZV             \^<GGMWR[AR2+(
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M(A76P              'GSD\]N^7<.219
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M_P 8^GX^?9W,OCQTQTKCQUBE*1$5I6.$1$=D1$*\SJMQ$1&D-6&0
M       'GSD\]N^7<.219
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M6J4K6-*QI#ZHI                  //G)Y[=\NX<DBR
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M.OPK'?Q0OFF8TC97A'Z\6S%TT5GFGYK\9_3AYF1:5@
M   !Y\Y//;OEW#DD60
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M$5K$16(X1$=D0K+D0                        \^<GGMWR[AR2+(
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MVO/.;6M/;:]IXVM;XS+3DR6O.LRL8L5:1I6-%E!L
M     >?.3SV[Y=PY)%D
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MA'9[>]DVA9                           >?.3SV[Y=PY)%D
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M'U13                            >?.3SV[Y=PY)%D
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MK'+6.6OEOXLX^GTGFM/-?CP\([/:R30L@
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M\=9\U_W[<_=X4K9HB.6FR/7/EP0IT\S/-DG6W9'9'AW]\^IE5=:
M                        >?.3SV[Y=PY)%D
M               )GAP^,Q$1'.9F>41$1VR,Q&NYS?\ :O\ MTUNZ^CO/6=+
MZ/;9X7P[+QFFHS1VQ.HF.$XJ3]$?BGV^%XW6?E(K\N/;/'W/5Z7H/W7=DM#H
M-%M^CPZ+0X,>ETFGK%,&GQ5BE*5CLBM8X1#P;6FTZSO>M$1$:0^Z+( ##9-T
MU>Y9+:?99K&&LS7/NEX\6*LQRFN"O^[?X^6/CV+,8HIMOO\ Z??P]JG.:V2=
M,>[MMV>;C/J]B]MVUZ3;\=JX(FV3+/BSZC)/CRY;?5>\\Y_\D>QJR99O.WX0
MWX<-<<;-\[Y[9\5MK;0                                 'GSD\]N^
M7<.219                                    %_8]BWC?MUP[3LVDOK
M=PS_ .G@Q^ROMO>T_AI2/;:W)KR9:TKS6G2&W%BM>=(=I/M3]A]FZ2]'=MXF
MFY]2Q^*F7AQT^EGW:>MNVW_);G[O"YSK/R-LORUV4]KW.FZ.N/;/U.57FK@
M#X:W7:31:>VHU66,6&G;:WOGLB(CG,S[(CG*5*3:=(WH9,E:1K:=(8O]+K]Z
M_%KJWT>USY-#Q\.;-$^W43'EK_QQ_BG\JQS5Q?3MOQ[(\/?Z.*KR6S?5\M/Z
M>V?^KAX>G@S./'CQXZX\=8ICI$5I2L1$1$<HB(CLA6F==LKD1$1I"3#(
M                              #SYR>>W?+N')(L@
M                   #=WVZ^V/4G76X3AVZGZ;;,-O#K=VRUF<.+WTI'+U,
MG[L3R_-,*G5=93#&W?P6^GZ6V2>YVUZ$^WO3716U?H=GP<,F3A.KUV3A;49[
MQ^;)?AV>ZL?ACV0YGJ.IOEMK9[N+#6D:0W*KMH "AN6[X=':F#'2VIU^:)G3
MZ/'P\=O9XK3/*E(]MK<OV\FW'AFVW=6.WR[>YHS9XILC;:=T>6Z.]\M'M&6V
MIKK]UR5U.NK_ *-*Q/H:>)[8Q5GMM[[V_%/PCDE?-&G+397USX^Y#'@F9Y\F
MVW9PKX>_?X,HT+0                                    #SYR>>W?+
MN')(L@                                !,Q$3,SPB.<S(.6OM+]AMR
MZJ]+>>H8R[?TY/"^'#SIJ=9';'AX\\>*?J\UOR_4\OK?R,8_EIMM['I]+T/-
M\UMSM)M>U;;M.WX-NVW38])H=-6*8-/BK%:5K'NB/^KG+WFTZS.LO9K6(C2%
MI%D !B=7NNHU&HOM^T17)J:3X=3J[QQP:?W^+AP\>3W4C_%,+%,41'-?=V1V
MS\._T*F3/-IY,?U=L]E??/=Z=%K;=JT^@K>U;6S:G-,6U.KRSQRY+1RCQ3[H
M_+6.4>R$,F6;]T1NC@VX<$4[[3OF=\^7!<:FX
M              !Y\Y//;OEW#DD60
M!*E,F3)3%CI;)ERVBF+%2)M>][3PK6M8XS:9GLB&)G1FM9F=(=B_M%_;SCTL
MZ?J#K7#7+JXX9-'L=N%L>&>VM]3VQ?)^YY:^WC/9X/6_D]?EQ[N/N>UTO0Q7
M;;>Y[>*]( !I:U:UFUIBM:QQM:>41$>V2()G1A9U6LWN9IH,EM+M,<LFOK^'
M+G]]=/\ 33_D]OY?J6N6N+ZMM^'#Q]WIX*7/;-LI/+C_ *NV?^GN_EZ.++:3
M2:;1Z:FFTN.N+!CCA3'6.$1_],^V5>]YM.L[UK'CK2.6L:1#ZHI@
M                              //G)Y[=\NX<DBR
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M@                                        //G)Y[=\NX<DBR
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M!:/ZCNMZ\<>&)Y^&D<O4RS'93]L\(5.JZNN&NL[^R%OINEG)/<[?=&]%=/\
M1^S8]IV33^CAK^+-FM^+-FR<.>3+?\UI^4=D<(<OGSVRVYK/>Q8JTC2&=:6P
M !1W/=L>CG'@QXYU.OS\?TVDI/"UN';:T]E*5_-:?^L\(;<6+FVSLK&^?+M:
M,V>*;(C6T[H\MT=[Y[;M-\6:==KLD:G<\D>&V6(X4Q5GGZ6&L^6GOGMMVS[(
MB63+K'+797V]\^6Q'#@TGFMMO[.Z.[V]K)-"R
M                    \^<GGMWR[AR2+(
M  Y ^U'VBW?KS7?J,DWT73>GOX=7N,1^++:.W#IN/*;_ %7[*_&>2AUO75PQ
MI&V_#WKW2]'.3;.YVXV#8-GZ?VG3[3L^EIH]!IJ^'%AI'SM:9YVM:><VGG+F
M,F2U[<UIUE[M*16-(9!!( !C=RW6^+-&@T%(U&YY*^*N.9F,>*D\O5S3'EK[
MH[;=D>V8WX\6L<UME?;W1Y;%;-GF)Y*;;^SOGRVOIMFU8]%%\M[SJ-=GX3JM
M9>(\=YCLB(CE6E?RUCE'?QE'+EFVS=6-T>7M2PX(IMWVG?/'X<(7FIO
M                                       >?.3SV[Y=PY)%D
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M                                             \^<GGMWR[AR2+(
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M\-.R.<S,S/&;6F>=K3/.9GG+3>\VG6=ZQCQUI7EKN?=!,
M                               !Y\Y//;OEW#DD60
M         !S)]D?LC?J2^'J7J3#-.GJ3%]#H;QPG6S$\KWC_ +B/9'Y_X>WR
M/R'Y#D^2GU>SXO5Z/H]?FL[1TI2E*TI6*TK$5K6L<(B(Y1$1#G7L-0  8?5Z
MO4[CJ<FV[;DG%BQ3X=PW"O\ M^_#AGLG+,=L]E._A"S2D4CFMYH_6>[VJF3)
M;)::4G2(^JW#NCO]GBR6CT>FT>FQZ;38XQ8,4<*4CYS,S/.9F><S/.9:+WFT
MZSO6,>.M*Q6L:1#[(I@
M      //G)Y[=\NX<DBR                       .8?LA]E+]3Y<74?46
M&:].8[>+1Z2\<)UMJSYK1_W$3_G_ (>WR?R'7_;^2GU>SXO4Z/H]?FL[34I3
M'2M*5BE*1%:UK'"(B.41$0YQ[+4  &(UFKU.X:G)MNW9)Q8\4^'<-?7_ &_;
MZ.*>R<LQVS^2.?;PA9I2*1S6\T?K/=[53)DMDM-*3II]5N'='\O9XLEI-)IM
M'IL>FTV.,6#%'"E(]GM]O.9F><S/:T7O-IUG>L8\=:5BM8TB'U13
M                                         >?.3SV[Y=PY)%D
M                 <L_9+[,9.K]13?M\QS3I?3W_E89XQ.NR4GG6/\ @K,<
M+V_-/X8]KR_R'7_;CEK]?L^+T^BZ3F^:V[R\O+9VMQ8L6'%3%BI7'BQUBF/'
M2(K6M:QPB(B.41$.;F=7M1"3   Q&OUFIUNJOM>VWG':G"-?KJ\_0K,<?!3C
MRG-:.SZ8YS[(FQCI%8Y[>:./P]JIER6O;[=/[T\.Z/Y>S?P9'1Z/3:+38]-I
MJ1CPXXX5K'/XS,S/.9F><S/.9:;WFTZSO6,>.M*Q6NZ'V13
M                                     >?.3SV[Y=PY)%D
M            <E?9K[0ZGKC<?ZAN5;X>EM'?AJ,D<:VU62O;@Q3],?[EX_AC
MGV>=U_71BC2/KGU/0Z/I)O/-.YVYTNETVDTV+2Z7%3!IL%*X\.''$5I2E(X5
MK6L<HB([',3,S.LO<B-(TA]6&0 &*W+7:G/J9VK;;>'5S$3JM5PXUTV.W9//
ME.6WY*_XIY=MC'2(CGMN[(X_#CZ%7-EM:WVZ?5VS_3'OX1YY[[N@T&FT.EII
MM-7PXZ<9XS,S:UIGC:UK3SM:T\YF>UJR9)O.LMV+%6E>6-RP@V
M                                         //G)Y[=\NX<DBR
M               -\_:;[7;AUYO<TMX]/L&BM$[IKJ\IGVQI\,S_ +EX[9_)
M'/MX1-+K>LC#7^4[EWI.EG).L[G<7:]KV[:MNT^V[;IZ:70Z2D8M/I\<<*TI
M7LB/^URM[S:=9WR]^M8B-(6D60 &,W3<=1&:NV[=PMN.:OBF]HXTP8N/"<V2
M/^E*_FGX1,QOQ8XTYK?3'K[O?P5LV6=>2GUSZHXS^D=OI6MNV[3Z#31@P\;<
M9F^7+>?%DR9+>;)>WMM;_P"7)KR9)O.LMF+%&.ND?VSQE90;0
M                                        'GSD\]N^7<.219
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MTAE&A:
M >?.3SV[Y=PY)%D                +6BL3,]D#,1J[2_8/[0STWHJ]3;[@
MX=0ZW'PTVGO'/1Z>\<?#P]F;)'G]T?A^KCS?Y'K?N3R5^F/6][H^EY(UG>YC
M>4O  (Y,F/'CMDR6BF.D3:][3$1$1'&9F9[(AF(UV0Q,Q$:RQ&@QY-VU5-TU
M-9KH\4\=KTUHX<>,</U-ZS^:T3^")\M>?;/*QDG[<<D?5^Z?T]ZIBB<MON6^
MF/IC_P"T_IPCOEF59<
M              >?.3SV[Y=PY)%D                <Y?V\_:6-SU.+K3?
M,/';M-?Q;)I;QRS9:3_^9M$_DQS_ *?OM^+V1Q\;\GUO+'VZ[^WW/6Z'I?W6
M=EG/O7   83)_P"_-7.&.>S:2_#//LU.>D_Z<>_%CF/Q?5;\/9$\;4?Z4:_O
MGU1Q\9[.Y2G_ %K:?_G7?_*>'A';QG9V2S:JN@
M                                  //G)Y[=\NX<DBR
M   -_?9[[7Y^N^H)C4UM3IW;[5ONF>.,>I,\ZZ7':/S7[;S'EK\9A1Z[JXPU
MV?5.[WKW1]-]R=9W.XVGT^#3:?%I]/CKAT^&E<>'%2(K6E*1PK6L1RB(B.$0
MY69F9UE[T1H^C#( #$[GJ<^KU7](T5YQWM6+:_4T[<&&W96L^S+D[*^Z.-O=
MQL8JQ6.>WFCC/NCX*F:\WM]NO]Z>$>^>SAO9+3:;!I=/CT^GI&/!BK%,>.O*
M(K$<(AIM:;3K.]9I2*Q$1LB'T12
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M1V0QER<\Z]G9W0EAQ12NF^>V>,K;6V@
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M.=9O?ZK>J.'O[_,R;0L@
M                  //G)Y[=\NX<DBR             .?/[;_M=^HRTZYW
MC#QPXYM78<%X\UN=;ZN8GW<ZXOVV^F7B?E.LT_TZ^?W/8Z#IM/GEV,>"]4
M!A=-_P"^=?766Y[9HKS&BK[,V:O*V?XUIY<?QXV^E9M_IUY?W6W]T</?Z.*G
M3_6OS?LKN[YX^$=GIX,TK+@
M                      #SYR>>W?+N')(L@           #>OVF^W.HZZZ
MHIHLD6ILNB\.;>-17C'#',_AP5M]>:8F/A7C*GUO51AIK^Z=RYT?3_<MW0[G
MZ;3:?2Z;%IM-CKAT^"E<6'#2(K6E*1X:UK$=D1$<(<G,S,ZRZ"(TC2'T89
M8C=<N37:F-FTUIK%JQ?<<]9X3CP3V4K,=E\O"8CW5XS[EC%$5CGGS>/NA4SV
MF]OMU_O3PCAXS[-9X,KBQ8\6*F+%6*8L=8K2E8X16M8X1$1'LAHF9F=96JUB
M(TC<DPR
M       \^<GGMWR[AR2+(           L[=MVOW/<--MNWX9U&OUN6N#2X*]
MMLEYX1S]D1VS/LCFC>\5B9G=">.DVG2'=;[;=!Z#HGI;3[/IYC+J9_G;CJXC
MA.?4WB/'?^&.'AI'LK$.1ZKJ)RWFT^9TF##&.ND-TJS<  I[KN/Z+31;'3UM
M5FM&+28./#U,MO+''V1'#Q6GV5B9;<6/FGA$;_!ISY>2NS;:=D1QGRW]QM6W
M?H=--;W];59K3EU>HF.$Y,MO-;A[(CAPK'LK$09<G-/=&[P,&+DKMVVG;,\9
M\MW<N-3<
M         \^<GGMWR[AR2+(           [)?VV?;/\ 1:+_ ,;;KBX:W74F
MFS8KQSQ:6WFS\)[+9OR_N?Q2Y_\ *]7S3]NNZ-_B]OH.GY8YIWN=GC/2  :7
MO2E+7O:*TK$VM:T\(B(YS,S+,1JQ,Z;98G::7W#53O6>LQ2U9Q[9BMVTP3VY
M9B>RV;A$_"O"/>L99Y(Y(_O>/#S>U5P1]RWW)_N^''QM[-.]EU9;
M                                                      >?.3SV
M[Y=PY)%D          ;Z^SOVYR=<=64T^HI/]"V[PZC=\G.(M7C_ "]/$Q[<
MTUY_NQ/P4NNZK[--GU3N]Z[T73\]M9W1Y>7P=S,>/'CQUQXZQ3'2(K2E8B(B
M(CA$1$=D0Y.9=!$)   P^X\=TUW])IST>'PY-TM[+1/XL>G_ ,?FO^[R_,LX
M_P#3KS]L_3[_ '=_@IY?]6WV_P!L?5^E?/V]WBS"LN
M                                             //G)Y[=\NX<DBR
M        /KI-)J];J\&BT>&VHUFJR4P:;!3S7RY)\-*QWS*-K1$:SNA*E9M.
MD.Z_VQZ#TG1/26FVC'-<FMM_/W/55_W=3>(\=OX:\(K3]V(<CU?43EO-NSL\
M'2X,,8ZZ-V*S<  I;MN%M%I8G%2,NKSVC#H\,_GRV[./[M8B;6GV5B6W%CYI
MV[HW^#3GR\E=FVT[(CO\M_<EM>WUT&CKA\<Y<MIG)J,\QPMDRWGC>\]\]D>R
M.3&7)SSKV=G@SAQ<E=-\]L\96VMM
M                               >?.3SV[Y=PY)%D         <_?VR_
M;KU<M^N=RQ?RZ>/3[%2T=L\Z9]3'_7'3_%\'A_ENJ_\ SCS^Y['X_I]/GEV*
M>$]4  F8B.,\HCMD&'VJ)W'66WG)'\B(G%ME9C_9F?Q9N?MRS'+]R(]\K.7Y
M*\G;^[QX>;VJF#_4M]R=VZOAQ\_L9A66P
M                                    'GSD\]N^7<.219        &X
M.@NC=;UEU5HM@TLVI3//J:[45CCZ.EI,>KD[^?AK^],*_4YXQ4FT^4K'389R
M6T=W]LVW1;9MVFV[0XJX-%H\5,.GPU[*X\<>&L?*'(7M-IF9WRZ2M8B-(646
M0 &(WBUM=J,>RXIF*YJ^IN%X_+IN/#P<??FF/#_#XI6,/RQSSV;O'X>Y4ZB>
M>?M1V_5_T_\ =N\-66K6M*Q6L16M8X5K'*(B/9"O,K41HU&0
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M
M     >?=Z7\=OPSVS[)=PY-'T[_3/R&#T[_3/R ]._TS\@/3O],_(#T[_3/R
M ]._TS\@/3O],_(#T[_3/R!R%]D/M[;J[K/%?689MLFT375;AXH_#DO$_P C
M!S[?':OBM'TUGWJ/Y#J?M8]GU6W+W0X.>VL[H=Q'*O?   8B8_J>\\.W0[7:
M)GW9-7,<OV8:S_FG]U9^BG\K>SX^SQ5/_)D_C3UV_P"WV^#+JRV
M                                                         __9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
