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Investor Presentaiton

FortisAlberta A Fortis Company Type of Utility Regulator Regulatory Model 2019 Formula 2019F Rate Base 5-Year CAGR on Rate Base (1) 2018 Assets % of Total Consolidated Regulated Assets (2) 2018 Earnings 2018 Earnings % of Total Regulated Earnings Development Opportunities (3) Electricity distribution Alberta Utilities Commission PBR 8.5% ROE on 37% equity $3.6B 5.1% 9% $120M 10% Renewables, Distribution System Investments, Changing Customer Expectations (1) Includes 2018A to 2023F. (2) Includes goodwill. (3) Development opportunities are not included in the base capital forecast and would represent incremental capital spending. FORTIS.INC Grande Prairie Barrhead Whitecourt Hinton Drayton Valley Athabasca Westlock Fort McMurray APPENDIX Christina Lake Lac La Biche Morinville St. Albert Spruce Grove Edmonton Leduc Wetaskiwin Fort Saskatchewan Sherwood Park Camrose Rocky Mountain House Ponoka Lacombe Stettler Red Deer Sundre 0 Olds Lloydminster Wainwright Provost❤ Drumbellar Cochrane Banff Airdrie Strathmore Canmore Calgary Okotoks Brooks High River Medicine Hat ●Claresholm Crowsnest Fort Pass Taber Lethbridge MacLeod Pinchar Creek FORTIS ALBERTA 34
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