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Emera Incorporated Capital/Financing Update 2021

Sep 17, 2021

44788_rns_2021-09-17_68faaaf3-4ea7-4e19-a278-f543d2f4c996.pdf

Capital/Financing Update

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Stikeman Elliott LLP

Barristers & Solicitors 5300 Commerce Court West 199 Bay Street Toronto ON Canada M5L 1B9

Main: 416 869 5500 Fax: 416 947 0866 www.stikeman.com

September 17, 2021

By SEDAR

British Columbia Securities Commission Alberta Securities Commission Financial and Consumer Affairs Authority of Saskatchewan The Manitoba Securities Commission Ontario Securities Commission Autorité des marchés financiers Nova Scotia Securities Commission Financial and Consumer Services Commission (New Brunswick) Office of the Superintendent of Securities (Prince Edward Island) Office of the Superintendent of Securities Service Newfoundland and Labrador

Dear Sirs/Mesdames:

Re: Prospectus Supplement dated September 17, 2021 (to a short form base shelf prospectus dated March 12, 2021) (the “Supplement”) of Emera Incorporated (the “Issuer”)

We refer you to the Supplement of the Issuer dated September 17, 2021 relating to the distribution of 9,000,000 Cumulative Redeemable Preferred Shares, Series L of the Issuer.

We consent to being named under the heading “Legal Matters” in the Supplement, and consent to the use of our legal opinion set out under the heading “Eligibility for Investment” in the Supplement, which opinion is provided as of the date of the Supplement.

We have read the Supplement and have no reason to believe that there are any misrepresentations in the information contained in the Supplement that are (i) derived from our legal opinion provided in the Supplement, or (ii) within our knowledge as a result of the services performed by us in connection with such opinion.

Yours truly,

(signed) “Stikeman Elliott LLP”