Company: EMICF
Filing Date: 2025-05-02
Form Type: 40FR12B
Source: 0001193125-25-110221
Chunk: 5

Company: EMERA INC
Filing Date: 2025-05-02
Form: 40FR12B
Chunk 5
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 31, 2024, attached hereto as Exhibit 99.37.

LIQUIDITY AND CAPITAL RESOURCES

The information provided under the headings (a)
“Off-Balance Sheet Arrangements” and (b) “Contractual Obligations” contained in the Registrant’s Management’s Discussion and Analysis dated February 21, 2025 for the year
ended December 31, 2024, filed as Exhibit 99.38 hereto and with respect to clause (a) the information provided

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at note 28 (“D. Guarantees and Letters of Credit”) and note 33 (“Variable Interest Entities”), and with respect to clause (b) note 28 (“A. Commitments”) and
note 26 (“Long-Term Debt”), to the Audited Consolidated Financial Statements as at and for the years ended December 31, 2024 and December 31, 2023, filed as Exhibit 99.39 hereto, are incorporated by reference herein.

NYSE CORPORATE GOVERNANCE

As a foreign private issuer, the Registrant is not required to comply with most of the NYSE corporate governance requirements
to which the Registrant would be subject if it were a U.S. domestic issuer. The Registrant’s governance practices only significantly differ from those required of U.S. domestic issuers as described below.

Equity Compensation Plans. The NYSE rules for U.S. domestic issuers require shareholder approval of all equity
compensation plans (as defined in the NYSE rules) regardless of whether new issuances, treasury shares or shares that the issuer has purchased in the open market are used. The Toronto Stock Exchange (“TSX”) rules require shareholder
approval of share compensation arrangements involving new issuances of shares, and of certain amendments to such arrangements, but do not require such approval if the compensation arrangements involve only shares purchased in the open market.

Share Issuances. The NYSE rules for U.S. domestic issuers also require shareholder approval of certain
transactions or series of related transactions that result in the issuance of common shares, or securities convertible into or exercisable for common shares, that have, or will have upon issuance, voting power equal to or in excess of 20% of the
voting power outstanding prior to the transaction or if the issuance of common shares, or securities convertible into or exercisable for common shares, are, or will be upon issuance, equal to or in excess of 20% of the number of common shares