Company: EMICF
Filing Date: 2025-02-21
Form Type: 40-F
Source: 0001193125-25-032079
Chunk: 2

Company: EMERA INC
Filing Date: 2025-02-21
Form: 40-F
Chunk 2
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 by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-

based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to

§ 240.10D-1(b).

☐

#### Certifications and Disclosure Regarding Controls

#### and Procedures.
(a)

Certifications regarding controls and procedures. See Exhibits 99.5

and 99.6.

(b)

Evaluation of disclosure controls and procedures. As of December 31, 2024,

an evaluation of the

effectiveness of the Registrant’s

“disclosure controls and procedures” (as such term is defined in Rules 13a-

15(e) and 15d-15(e) of the United States Securities Exchange Act of 1934,

as amended (the “Exchange

Act”)), was carried out by the Registrant’s

Chief Executive Officer (“CEO”) and Chief

Financial Officer

(“CFO”). Based on that evaluation, the CEO and CFO have concluded that

as of such date the Registrant’s

disclosure controls and procedures are effective to provide

a reasonable level of assurance that information

required to be disclosed by the Registrant in reports that it files or submits under

the Exchange Act is

recorded, processed, summarized and reported within the time periods

specified in the United States

Securities and Exchange Commission’s

(the “Commission”) rules and forms.

It should be noted that while the CEO and CFO believe that the Registrant’s

disclosure controls and

procedures provide a reasonable level of assurance that they are effective,

they do not expect the disclosure

controls and procedures or internal control over financial reporting to be capable

of preventing all errors

and fraud. A control system, no matter how well conceived or operated,

can provide only reasonable, not

absolute, assurance that the objectives of the control system are met.

(c)

Management’s annual report

on internal control over financial reporting.

The Registrant's management is

responsible for establishing and maintaining adequate internal control

over financial reporting. The

Registrant's internal control framework is based on the criteria published

in the Internal Control –

Integrated Framework (2013), a report issued by the Committee of Sponsoring

Organizations (COSO) of

the Treadway Commission. The Registrant's management,

including the CEO and CFO, evaluated the

design and effectiveness of the Registrant's internal control over

financial reporting as at December 31