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Jocelyn Perry, Executive VP, Chief Financial Officer, Fortis Inc.

Mr. Barry Perry, President and Chief Executive Officer of Fortis Inc., is pleased to announce the appointment of Jocelyn H. Perry as Executive Vice President, Chief Financial Officer at Fortis, effective June 1, 2018.

Ms. Perry will assume this role following the retirement of Karl Smith, current Executive Vice President, Chief Financial Officer, who will retire May 31, 2018 after more than 30 years with Fortis. Ms. Perry has an extensive career in the utility business, having worked at Newfoundland Power for the past 13 years in a variety of capacities, including Chief Financial Officer, Chief Operating Officer and for the past year as President and Chief Executive Officer. She is a prior Director of Finance at Fortis in the early 2000s, and previously served in other financial capacities in the private sector. Ms. Perry, a Fellow Chartered Professional Accountant (2018), completed a Bachelor of Commerce (Honours) at Memorial University and received her Chartered Accountant Designation in the early 1990s. She has considerable community and professional board and volunteer experience in Newfoundland and Labrador, including the Healthcare Foundation, C-CORE and Provident10 (formerly the Public Service Pension Plan Corporation).

Fortis is a leader in the North American regulated electric and gas utility business with total assets of $49 billion as at March 31, 2018. The Corporation’s 8,500 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries. Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS.

www.fortisinc.com

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