Company: FORFF
Filing Date: 2025-02-14
Form Type: 40-F
Source: 0001666175-25-000017
Chunk: 9

Company: Fortis Inc.
Filing Date: 2025-02-14
Form: 40-F
Chunk 9
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 for services performed in the last two fiscal years by category of service (audit fees, audit-related fees, tax fees and all other fees), see "Audit Committee - External Auditor Service Fees" on pag e 28 of the AIF.

### AUDIT COMMITTEE PRE
### ‑

### APPROVAL POLICIES AND PROCEDURES
For a description of the pre-approval policies and procedures of the Corporation's Audit Committee, see "Audit Committee - Pre-Approval Policies and Procedures" on page 28 of the AIF.

No audit-related fees, tax fees or other non-audit fees were approved by the Audit Committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S‑X.

#### OFF
#### ‑

#### BALANCE SHEET ARRANGEMENTS
Except for letters of credit outstanding of $102 million as at December 31, 2024 and certain unrecorded commitments disclosed under the heading "Liquidity and Capital Resources - Contractual Obligations" on pag e 17 of the Annual MD&A, the Corporation has not entered into any "off-balance sheet arrangements", as defined in General Instruction B(11) to Form 40-F, that have or are reasonably likely to have a current or future effect on the Corporation's financial condition, changes in financial condition, revenues, expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

### RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION
The Corporation has adopted a compensation recovery policy effective October 2, 2023 (referred to as the “Executive Compensation Clawback Policy”) as required by NYSE listing standards and pursuant to Rule 10D-1 of the Exchange Act. The Executive Compensation Clawback Policy is filed as Exhibit 97 to this Form 40-F. At no time during or after the fiscal year ended December 31, 2024 (as of the date of this Annual Report), was the Corporation required to prepare an accounting restatement that required recovery of erroneously awarded compensation pursuant to the Executive Compensation Clawback Policy and, as of December 31, 2024, there was no outstanding balance of erroneously awarded compensation to be recovered from the application of the Executive Compensation Clawback Policy to a prior restatement.

### TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS
For tabular disclosure of the Corporation's contractual obligations, see page 17 of the Annual MD&A,