0001193125-26-119848 Sample Contracts

EMERA US FINANCE, LLC fully and unconditionally guaranteed by the Guarantors (as defined herein) USD $375,000,000 6.650% Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due USD $375,000,000 6.850% Series B Fixed-to-Fixed Reset Rate Junior...
Underwriting Agreement • March 23rd, 2026 • Emera Inc • Electric services • New York

We have acted as special United States counsel for Emera US Finance, LLC, a Delaware limited liability company (the “Company”), as issuer, and Emera Incorporated, a Nova Scotia company (“Emera”), and Emera US Holdings, Inc., a Delaware corporation (“EUSHI”), as guarantors (the “Guarantors”), in connection with the Underwriting Agreement dated March 17, 2026 (the “Underwriting Agreement”) with you and the other several Underwriters named in Schedule 1 thereto under which you and such other Underwriters have severally agreed to purchase from the Company USD $375,000,000 aggregate principal amount of its 6.650% of Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 (the “Series A Notes”) and USD $375,000,000 aggregate principal amount of its 6.850% of Series B Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 (the “Series B Notes” and, together with the Series A Notes, the “Notes”), guaranteed by the Guarantors (the “Guarantees” and, together with the Notes, t

Davis Polk & Wardwell LLP 450 Lexington Avenue New York, NY 10017 davispolk.com March 23, 2026 Emera US Finance, LLC 3600 Midtown Drive, Tampa, FL 33607
Registration Statement • March 23rd, 2026 • Emera Inc • Electric services

Emera US Finance, LLC, a limited liability company (the “Company”), as issuer, and Emera Incorporated, a Nova Scotia company (“Emera”) and Emera US Holdings, Inc., a Delaware corporation (“EUSHI”), as guarantors (the “Guarantors”), have filed with the Securities and Exchange Commission Registration Statements on Forms F-3 (File Nos. 333-294017-01 and 333-294017-02) and F-10 (File No. 333-294020) (collectively, the “Registration Statement”) for the purpose of registering under the Securities Act of 1933, as amended (the “Securities Act”), certain securities, including $375,000,000 aggregate principal amount of the Company’s 6.650% Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes Due 2056 (the “Series A Notes”) and $375,000,000 aggregate principal amount of the Company’s 6.850% Series B Fixed-to-Fixed Reset Rate Junior Subordinated Notes Due 2056 (the “Series B Notes” and, together with the Series A Notes, “the Notes”). The Notes will be guaranteed by each of the Guarantors (

EMERA US FINANCE, LLC as Issuer EMERA INCORPORATED EMERA US HOLDINGS INC. as Guarantors AND EQUINITI TRUST COMPANY, LLC as Trustee Indenture Dated as of March 23, 2026
Indenture • March 23rd, 2026 • Emera Inc • Electric services • New York

INDENTURE, dated as of March 23, 2026, by and among EMERA US FINANCE, LLC, a limited liability company organized and existing under the laws of the State of Delaware (herein called the “Issuer”), having its principal office at 3600 Midtown Drive, Tampa, Florida, United States 33607, EMERA INCORPORATED, a company duly organized and existing under the laws of the Province of Nova Scotia (herein called the “Company”), EMERA US HOLDINGS INC., a corporation duly organized and existing under the laws of the State of Delaware (“EUSHI” and, together with the Company, the “Guarantors” and each a “Guarantor” and EQUINITI TRUST COMPANY, LLC, a New York limited liability trust company, as trustee (herein called the “Trustee”).