Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 63

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 63
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 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 direct participant, which will receive credit for the Notes on DTC’s
records. When you actually purchase the Notes, you will become their beneficial owner. Your ownership interest will be recorded only on
the direct or indirect participants’ records. DTC will have no knowledge of your individual ownership of the Notes. DTC’s
records will show only the identity of the direct participant and the amount of the Notes held by or through them. You will not receive
a written confirmation of your purchase or sale or any periodic account statement directly from DTC. You should instead receive these
from your direct or indirect participant. As a result, the direct or indirect participants are responsible for keeping accurate account
of the holdings of their customers. The Trustee will wire payments on the Notes to DTC’s nominee. The Trustee and we will treat
DTC’s nominee as the owner of each global security for all purposes. Accordingly, the Trustee, any paying agent and we will have
no direct responsibility or liability to pay amounts due on a global security to you or any other beneficial owners in that global security.
Any redemption notices will be sent by us directly to DTC, which will, in turn, inform the direct participants (or the indirect participants),
which will then contact you as a beneficial holder.

It is DTC’s current
practice