Fortis Inc. announced that it will redeem all of its outstanding 2.85% Senior Unsecured Notes due December 12, 2023 in the aggregate principal amount of $500,000,000 (the "Notes"). The redemption date of the Notes is June 9, 2022. The redemption price for the Notes will be calculated on or about the redemption date in accordance with the terms of the base indenture and supplemental indenture governing the Notes, both dated as of December 12, 2016 between the Corporation and Computershare Trust Company of Canada.

Fortis will disclose the redemption price of the Notes by media release on or before June 9, 2022.