Fortis Inc. Announces Third Quarter Dividends – 2026

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024.

ST. JOHN'S, Newfoundland and Labrador, July 29, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on September 1, 2026 to the Shareholders of Record of the following Shares of the Corporation at the close of business on August 19, 2026: * $0.3063 per share on the First Preference Shares, Series "F"; * $0.3826875 per share on the First Preference Shares, Series "G"; * $0.26144 per share on the First Preference Shares, Series "H"; * $0.23542 per share on the First Preference Shares, Series "I"; * $0.2969 per share on the First Preference Shares, Series "J"; * $0.3418125 per share on the First Preference Shares, Series "K"; * $0.3433125 per share on the First Preference Shares, Series "M"; and, * $0.64 per share on the Common Shares. The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes. All amounts are given in Canadian dollars unless otherwise indicated.