Investor Presentaiton

2018-2022 Five-Year Capital Forecast by Segment 2018 Capital Forecast ($millions) Fortis 2018F Rate Base(1) Regulated-Independent Transmission (ITC) ~$26.8 Billion ITC 863 Regulated-U.S. Electric & Gas UNS Energy 759 Central Hudson 275 Regulated- Regulated-Canadian & Caribbean Electric & Gas Canadian & Regulated- Independent Transmission FortisBC Gas 462 Caribbean (ITC) Fortis Alberta 407 (Electric & 28% FortisBC Electric 104 Gas) (1) Eastern Canadian 152 47% Caribbean Other Energy Infrastructure Total Capital Expenditures 135 46 Regulated U.S. (Electric & Gas) 25% $3,203 ($millions) 2018F 2019F 2020F 2021F 2022F Regulated Independent Transmission (ITC) 863 727 682 677 690 Regulated U.S. Electric & Gas 1,034 1,028 849 764 719 Regulated Canadian & Caribbean Electric & Gas 1,260 1,053 1,208 1,427 1,444 Other Energy Infrastructure 46 20 17 15 15 Total Capital Expenditures $3,203 $2,828 $2,756 $2,883 $2,868 (1) Includes 100% of the Waneta Hydroelectric Expansion of which Fortis has a 51% controlling ownership interest. FORTIS 37

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