Investor Presentaiton

FortisBC Natural gas service area Electric service area Combined natural gas & electric service area Propane service area FortisBC pipeline - Spectra Energy pipeline -FortisBC electric transmission lines Fort Nelson Hudson's Type of utility Regulator Regulatory model 2017 Formula FortisBC Gas distribution Electricity BC Utilities Commission BC Utilities Commission Cost of service + PBR Cost of service + PBR Hope 8.75% ROE on 38.5% equity 9.15% ROE on 40.0% equity British Columbia Mackenzie. 2017F Midyear Rate Base $4.1B $1.3B Alberta Prince George 5-Year CAGR on Midyear Rate Base (1) 3.8% 2.6% 2016 Assets % of total regulated assets (2) 13% 5% Williams Lake. 2016 Earnings $151M $54M Revelstoke 2016 Earnings % of total regulated pro forma net earnings 14% 5% Kamloops. .Enderby Campbell River Whistler -Lumby Powell River Elkford Kaslo "Kelowna Major Capital Projects P Princeton Cranbrook Alberni Nanaimo Hope. Vancouver Lower Mainland System Upgrade, Pipeline Integrity Management Program and Eagle Mountain Woodfibre Gas Pipeline Project N/A Trail Osoyoos United States Development Opportunities (3) Tilbury further expansion and additional gas infrastructure opportunities N/A (1) 5-Year CAGR on midyear rate base includes 2017 to 2021 forecast. བྱབ (2) Includes goodwill. (3) Development opportunities are not included in the base capital forecast and would represent incremental capital spending. FORTIS 29

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