Investor Presentaiton

Central Hudson A Fortis Company Type of Utility Regulator Regulatory Model 2019 Formula (1) 2019F Rate Base 5-Year CAGR on Rate Base (2) 2018 Assets % of Total Consolidated Regulated Assets (3) 2018 Earnings Gas and Electricity New York State Public Service Commission Cost of service on future test year 8.8% ROE on 48% equity $1.8B LEGEND: SERVICE TYPES Gas & Electric 8.5% 7% Electric Only Gas Only KINGSTON DIVISION 2018 Earnings % of Total Regulated Earnings $74M 6% Development Opportunities (4) Transmission Investments ULSTER SULLIVAN APPENDIX CATSKILL DIVISION Cenan • ALBANY RTENE Ver Bill intre Datum Stre faan O CAS Khe Farbe CO POUGHKEEPSIE DIVISION GREENE ULSTER Find Hock • COLUMSA BUNGNESS 0 Statfest Hataw Expet Arc Tndbacks Ht Ferat Web • FUR о • O Locations of villages included in the Central Hudson service territory: Albany County (Ravena); Greene County Coxsackie, Athens, Catskill, Hunter and Tannersville): Ulster County (Saugerties, Ellenville and New Paltz); Orange County (Montgomery. Maybrook, Cornwall and Highland Falls): Putnam County (Cold Spring and Nelsonville) Dutchess County (Fishkill, Wappingers Falls, Millbrook, Rhinebeck, Red Hook, Tivoli and Millerton). Locations of cities included in the Central Hudson service territory. ULSTER FU ORANGE NEWBURGH DIVISION turd Restora Cater Faber 0. ke Ray Lethe PORNESS FISHKILL DIVISION (1) Effective July 1, 2019, equity thickness will increase to 49%. People. Power. Possibilities. Central Hudson A FORTIS COMPANY (2) US dollar-denominated rate base for 2018 is based on the actual average USD/CAD foreign exchange rate of $1.30 and forecast rate base for 2019 to 2023 is based on $1.28. (3) Includes goodwill. (4) Development opportunities are not included in the base capital forecast and would represent incremental capital spending. FORTIS.INC 32

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