Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 63

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 63
---
 Securities

The Notes will be represented
by one or more global securities that will be deposited with and registered in the name of DTC or its nominee. Thus, we will not issue
certificated securities to you for the Notes, except in the limited circumstances described below. Each global security will be issued
to DTC, which will keep a computerized record of its participants whose clients have purchased the Notes. Each participant will then keep
a record of its clients. Unless it is exchanged in whole or in part for a certificated security, a global security may not be transferred.
DTC, its nominees and their successors may, however, transfer a global security as a whole to one another, and these transfers are required
to be recorded on our records or a register to be maintained by the Trustee. The laws of some jurisdictions may require that certain purchasers
of securities take physical delivery of such securities in definitive form. Such limits and laws may impair the ability to transfer or
pledge beneficial interests in the global securities.

Beneficial interests in a
global security will be shown on, and transfers of beneficial interests in the global security will be made only through, records maintained
by DTC and its participants. DTC has provided us with the following information: DTC is a limited-purpose trust company organized under
the New York Banking Law, a “banking organization” within the meaning of the New York Banking Law, a member of the United
States Federal Reserve System, a “clearing corporation” within the meaning of the New York Uniform Commercial Code and a “clearing
agency” registered under the provisions of Section 17A of the Exchange Act. DTC holds securities that its direct participants
deposit with DTC. DTC also records the settlements among direct participants of securities transactions, such as transfers and pledges,
in deposited securities through computerized records for direct participants’ accounts. This eliminates the need to exchange certificated
securities. Direct participants include securities brokers and dealers, banks, trust companies, clearing corporations and certain other
organizations, some of whom (and/or their representatives) own DTC.

<div align='center'>S-34</div>

DTC’s book-entry system
is also used by other organizations such as securities brokers and dealers, banks and trust companies that work through a direct participant.
The rules that apply to DTC and its participants are on file with the SEC.

When you purchase Notes through
the DTC system, the purchases must be made by or through a