Company: EMICF
Filing Date: 2025-12-05
Form Type: F-10EF
Source: 0000950103-25-015822
Chunk: 22

Company: EMERA INC
Filing Date: 2025-12-05
Form: F-10EF
Chunk 22
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. Tully, three of the Company’s directors, reside outside of Canada and have appointed Emera, 5151 Terminal Road, Halifax,
Nova Scotia B3J 1A1 as agent for service of process. Purchasers are advised that it may not be possible for investors to enforce judgments
obtained in Canada against any person that resides outside of Canada, even if such person has appointed an agent for service of process.

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RISK FACTORS</div>

In addition to the other information
contained and incorporated by reference in this Prospectus, a purchaser should consult its own financial and legal advisors and should
carefully consider the following risk factors before investing in Common Shares offered under this Prospectus. The Common Shares will
not be an appropriate investment for a purchaser if the purchaser does not understand the terms of the Common Shares or financial matters
in general. A purchaser should not purchase Common Shares unless the purchaser understands, and can bear, all of the investment risks
involving the Common Shares. For a discussion of the risks to which Emera, its operations and its financial results and conditions
are subject, see the sections entitled: (i) “Enterprise Risk and Risk Management” on pages 43 to 53 in the Annual MD&A;
(ii) “Principal Financial Risks and Uncertainties” in note 28 of the Audited Financial Statements; (iii) “Principal
Financial Risks and Uncertainties” in note 20 to the Interim Financial Statements; and (iv) “Risk Factors” in the Annual
Information Form of Emera dated February 21, 2025 for the year ended December 31, 2024. In addition to such risks, an investment in the
Common Shares is subject to any other risks identified in a Prospectus Supplement or in any document incorporated by reference subsequent
to the date of this Prospectus during the currency of this Prospectus.

Prospective purchasers of
Common Shares should carefully consider, in light of their own financial circumstances, the risk factors set out below, as well as the
other information contained in this Prospectus (including the documents incorporated by reference herein) and in all subsequently filed
documents incorporated by reference and those described in a Prospectus Supplement relating to a specific offering of Common Shares, before
making an investment decision.

As a foreign private issuer, we are permitted to follow certain home country corporate governance practices instead of otherwise applicable SEC and NYSE requirements

As a foreign private issuer,