Company: ENBSF
Filing Date: 2025-06-18
Form Type: 424B5
Source: 0001104659-25-060642
Chunk: 63

Company: ENBRIDGE INC
Filing Date: 2025-06-18
Form: 424B5
Chunk 63
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 referred to in Section 275(1A) of the SFA,
and in accordance with the applicable conditions specified in Section 275 of the SFA or (iii) otherwise pursuant to, and in
accordance with the conditions of, any other applicable provision of the SFA, in each case subject to compliance with the conditions set
forth in the SFA.

Where the Notes are subscribed
or purchased under Section 275 of the SFA by a relevant person which is: (a) a corporation (which is not an accredited investor
(as defined in Section 4A of the SFA)) the sole business of which is to hold investments and the entire share capital of which is
owned by one or more individuals, each of whom is an accredited investor; or (b) a trust (where the trustee is not an accredited
investor) whose sole purpose is to hold investments and each beneficiary of the trust is an accredited investor, the securities or securities-based
derivative contracts (each term as defined in Section 2(1) of the SFA) of that corporation or the beneficiaries’ rights
and interest (however described) in that trust shall not be transferred within six months after that corporation or that trust has subscribed
or purchased the Notes under an offer made pursuant to Section 275 of the SFA except: (1) to an institutional investor or an
accredited investor or to a relevant person, or to any person arising from an offer referred to in Section 275(1A) or Section 276(4)(i)(B) of
the SFA; (2) where no consideration is or will be given for the transfer; (3) where the transfer is by operation of law; (4) as
specified in Section 276(7) of the SFA; or (5) as specified in Regulation 37A of the Securities and Futures (Offers of
Investments) (Securities and Securities-based Derivatives Contracts) Regulations 2018.

Singapore Securities and Futures
Act Product Classification — Solely for the purposes of its obligations pursuant to sections 309B(1)(a) and 309B(1)(c) of
the SFA, we have determined, and hereby notify all relevant persons (as defined in Section 309A of the SFA) that the Notes are “prescribed
capital markets products” (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment
Products