Strong Fortis (TSX/NYSE: FTS) vote backs directors, Deloitte and Say on Pay

Rhea-AI Filing Summary

Fortis Inc. reported that shareholders approved all items at its Annual Meeting of Shareholders. Investors elected 12 directors, each receiving more than 96% of votes cast, with Mary C. Hemmingsen receiving 300,559,988 votes for, or 99.87% support.

Shareholders also approved the appointment of Deloitte LLP as auditors with 306,408,822 votes for, representing 99.78% of votes cast. The non-binding advisory Say on Pay resolution on executive compensation passed with 286,352,999 votes for, or 95.15% support, indicating broad backing for the company’s pay practices.

Fortis describes itself as a diversified North American regulated electric and gas utility, with 2025 revenue of $12 billion and total assets of $77 billion as at March 31, 2026, serving customers across Canada, the United States and the Cayman Islands.

Key Figures

2025 Revenue: $12 billion Total Assets: $77 billion Auditor Appointment Votes For: 306,408,822 votes +5 more

8 metrics

2025 Revenue $12 billion 2025 revenue of Fortis

Total Assets $77 billion Total assets as at March 31, 2026

Auditor Appointment Votes For 306,408,822 votes Votes for Deloitte LLP as auditors; 99.78% of votes cast

Auditor Appointment Votes Withheld 677,311 votes Votes withheld on Deloitte LLP; 0.22% of votes cast

Say on Pay Votes For 286,352,999 votes Non-binding advisory vote on executive compensation; 95.15% for

Say on Pay Votes Against 14,587,292 votes Non-binding advisory vote on executive compensation; 4.85% against

Director Support Example 300,559,988 votes for (99.87%) Votes for director Mary C. Hemmingsen

Employees 9,900 employees Number of employees serving utility customers

Key Terms

Annual Meeting of Shareholders, non-binding advisory vote, Say on Pay, regulated electric and gas utility, +1 more

5 terms

Annual Meeting of Shareholders financial

"announced the voting results from its Annual Meeting of Shareholders held today"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

non-binding advisory vote financial

"approving the non-binding advisory vote regarding the Corporation's approach to executive compensation"

A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.

Say on Pay financial

"Shareholders approved the non-binding advisory vote regarding the Corporation’s approach to executive compensation (“Say on Pay”)."

Say on pay is a shareholder vote—typically nonbinding—on a company’s executive compensation package, allowing investors to approve or reject how top managers are paid. Think of it as a public performance review: widespread disapproval can signal poor governance, prompt changes to pay practices, attract activist investors, and influence investor confidence and share value. It matters because it gives owners a direct way to influence compensation that affects company incentives and long-term performance.

regulated electric and gas utility financial

"Fortis is a diversified leader in the North American regulated electric and gas utility industry"

appointment of Deloitte LLP as the Corporation's auditors financial

"appointing Deloitte LLP as the Corporation's auditors"

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of May, 2026

Commission File Number: 001-37915

Fortis Inc.

Fortis Place, Suite 1100
5 Springdale Street
St. John's, Newfoundland and Labrador
Canada, A1E 0E4

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☐ Form 40-F ☑

EXHIBITS

Exhibit	Description
99.1	Fortis Inc. Press Release, dated May 7, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Fortis Inc. (Registrant)
Date: May 7, 2026	/s/James R. Reid
	By:	James R. Reid
	Title:	Executive Vice President, Sustainability and Chief Legal Officer

Exhibit 99.1

St. John's, NL – May 7, 2026

FORTIS INC. SHAREHOLDERS APPROVE ELECTION OF DIRECTORS,

APPOINTMENT OF AUDITORS, AND SAY ON PAY

Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, and approving the non-binding advisory vote regarding the Corporation's approach to executive compensation.

Election of Directors

Fortis shareholders elected the following 12 individuals to the Board to serve until the next Annual Meeting of Shareholders or until their successors are elected or appointed:

Nominee	# Votes For	% Votes For	# Votes Withheld	% Votes Withheld
Pierre J. Blouin	296,260,165	98.44	4,680,131	1.56
Lawrence T. Borgard	299,865,101	99.64	1,075,195	0.36
Maura J. Clark	297,628,392	98.90	3,311,905	1.10
Margarita K. Dilley	298,968,757	99.34	1,971,539	0.66
Julie A. Dobson	290,443,338	96.51	10,496,958	3.49
Lisa L. Durocher	298,867,190	99.31	2,073,106	0.69
Mary C. Hemmingsen	300,559,988	99.87	380,308	0.13
David G. Hutchens	299,974,476	99.68	965,820	0.32
Gregory E. Knight	299,255,049	99.44	1,685,247	0.56
Gianna M. Manes	292,480,056	97.19	8,460,240	2.81
Don R. Marchand	299,278,752	99.45	1,661,544	0.55
Jo Mark Zurel	295,531,436	98.20	5,408,860	1.80

1

Appointment of Auditors

Shareholders of the Corporation approved the appointment of Deloitte LLP as the Corporation's auditors to hold office until the close of the next Annual Meeting of Shareholders.

# Votes For	% Votes For	# Votes Withheld	% Votes Withheld
306,408,822	99.78	677,311	0.22

Say on Pay

Shareholders approved the non-binding advisory vote regarding the Corporation’s approach to executive compensation (“Say on Pay”).

# Votes For	% Votes For	# Votes Against	% Votes Against
286,352,999	95.15	14,587,292	4.85

About Fortis

Fortis is a diversified leader in the North American regulated electric and gas utility industry with 2025 revenue of $12 billion and total assets of $77 billion as at March 31, 2026. The Corporation's 9,900 employees serve utility customers in five Canadian provinces, ten U.S. states and the Cayman Islands.

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.

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

2

FAQ

What did Fortis (FTS) shareholders approve at the 2026 annual meeting?

Fortis shareholders approved all items of business at the Annual Meeting, including electing 12 directors, appointing Deloitte LLP as auditors, and passing the non-binding Say on Pay vote on executive compensation with strong majority support across all resolutions.

How strong was shareholder support for Fortis (FTS) directors?

Support for Fortis directors was very high, with each of the 12 nominees receiving at least 96% of votes cast. Mary C. Hemmingsen led with 300,559,988 votes for, representing 99.87% support, indicating broad confidence in the board’s composition and oversight.

What were the Say on Pay results for Fortis (FTS) executive compensation?

Fortis shareholders approved the non-binding Say on Pay resolution with 286,352,999 votes for, or 95.15% support. Votes against totaled 14,587,292, or 4.85%, signaling strong overall shareholder endorsement of the company’s approach to executive compensation policies and practices.

Who were appointed as auditors of Fortis (FTS) and how did shareholders vote?

Shareholders approved Deloitte LLP as auditors of Fortis to serve until the next Annual Meeting. The appointment received 306,408,822 votes for, equal to 99.78% of votes cast, with only 677,311 votes withheld, or 0.22%, showing near-unanimous support for the auditor choice.

How large is Fortis (FTS) based on revenue and assets?

Fortis reported 2025 revenue of $12 billion and total assets of $77 billion as at March 31, 2026. These figures reflect its scale as a diversified North American regulated electric and gas utility serving customers in Canada, the United States and the Cayman Islands.

In which regions does Fortis (FTS) operate its utility businesses?

Fortis operates regulated electric and gas utilities across five Canadian provinces, ten U.S. states and the Cayman Islands. Through these operations, its 9,900 employees provide utility services to a broad base of customers across multiple North American jurisdictions and the Caribbean region.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 19.5 KB