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Fortis Inc. Files 2024 Year-End Disclosure Documents

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Fortis Inc. (TSX/NYSE: FTS) has announced the filing of its key financial and regulatory documents for the year ended December 31, 2024. The company has submitted its audited Consolidated Financial Statements, Management Discussion and Analysis, Form 40-F, and 2024 Annual Information Form with both Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission.

These documents are now accessible through multiple channels, including SEDAR+ for Canadian filings, the SEC website for U.S. filings, and the company's official website. The company also noted that its Management Information Circular for the upcoming Annual Meeting of Shareholders is expected to be distributed to shareholders in late March.

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News Market Reaction

+1.26%
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+1.26% News Effect

On the day this news was published, FTS gained 1.26%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024.

ST. JOHN'S, Newfoundland and Labrador, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), today filed its audited Consolidated Financial Statements, related Management Discussion and Analysis and Form 40-F for the year ended December 31, 2024, as well as its 2024 Annual Information Form, with Canadian securities regulatory authorities. The Corporation also filed its Form 40-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission. Copies of these documents are available electronically at www.sedarplus.ca (Canadian filings), www.sec.gov (U.S. filings) and the Corporation's website, www.fortisinc.com, or by emailing investorrelations@fortisinc.com.

The Management Information Circular for the Corporation's upcoming Annual Meeting of Shareholders is expected to be made available to shareholders in late March.

About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2024 revenue of $12 billion and total assets of $73 billion as at December 31, 2024. The Corporation's 9,800 employees serve utility customers in five Canadian provinces, ten U.S. states and three Caribbean countries.

Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedarplus.ca, or www.sec.gov.

A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/2823bc8b-c082-46c3-a3a4-fe9c5edc4d5d

For further information contact

Investor Enquiries:
Ms. Stephanie Amaimo
Vice President, Investor Relations
Fortis Inc.
248.946.3572
investorrelations@fortisinc.com
Media Enquiries:
Ms. Karen McCarthy
Vice President, Communications & Government Relations
Fortis Inc.
709.737.5323
media@fortisinc.com



FAQ

When did Fortis (FTS) file its 2024 year-end financial documents?

Fortis filed its 2024 year-end financial documents on February 14, 2025.

Where can investors access Fortis (FTS) 2024 financial reports?

Investors can access Fortis' 2024 financial reports on www.sedarplus.ca (Canadian filings), www.sec.gov (U.S. filings), the company's website www.fortisinc.com, or by emailing investorrelations@fortisinc.com.

What documents did Fortis (FTS) file for the 2024 fiscal year?

Fortis filed its audited Consolidated Financial Statements, Management Discussion and Analysis, Form 40-F, and 2024 Annual Information Form.

When will Fortis (FTS) release its 2024 Management Information Circular?

Fortis expects to make its Management Information Circular available to shareholders in late March 2025.
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