Emera and Nova Scotia Power Responding to Cybersecurity Incident

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. and Nova Scotia Power today announced, on April 25, 2025 they discovered and are actively responding to a cybersecurity incident involving unauthorized access into certain parts of its Canadian network and servers supporting portions of its business applications.

Immediately following detection of the external threat, the companies activated their incident response and business continuity protocols, engaged leading third-party cybersecurity experts, and took actions to contain and isolate the affected servers and prevent further intrusion. Law enforcement officials have been notified.

There remains no disruption to any of our Canadian physical operations including at Nova Scotia Power’s generation, transmission and distribution facilities, the Maritime Link or the Brunswick Pipeline, and the incident has not impacted the utility’s ability to safely and reliably serve customers in Nova Scotia. There has been no impact to Emera’s U.S. or Caribbean utilities.

Emera will release its Q1 Financial Statements and Management Disclosure and Analysis on May 8, 2025, as planned. At this time, the incident is not expected to have a material impact on the financial performance of the business.

Our IT team is working diligently with cyber security experts to bring the affected portions of our IT system back online.

Nova Scotia Power customers can find the latest updates at nspower.ca.

Forward Looking Information

This news release contains forward-looking information within the meaning of applicable securities laws, including without limitation, statements about Emera’s response to and the scope and impacts of the cybersecurity incident, the level of disruption and expectations about its impact on financial performance and timing of financial reporting. Undue reliance should not be placed on this forward-looking information, which applies only as of the date hereof. These statements and expectations may be impacted by a number of factors including availability of resources and continued analysis of our systems and the disruptions being experienced. By its nature, forward-looking information requires Emera to make assumptions and is subject to inherent risks and uncertainties. These statements reflect Emera management’s current beliefs and are based on information currently available to Emera management. There is a risk that predictions, forecasts, conclusions and projections that constitute forward-looking information will not prove to be accurate, that Emera’s assumption may not be correct and that actual results may differ materially from such forward-looking information. Additional detailed information about these assumptions, risks and uncertainties is included in Emera’s securities regulatory filings, including under the heading “Enterprise Risk and Risk Management” in Emera’s annual Management’s Discussion and Analysis, and under the heading “Principal Financial Risks and Uncertainties” in the notes to Emera’s annual and interim financial statements, which can be found on SEDAR+ at www.sedarplus.ca.

About Emera

Emera (TSX: EMA) is a leading North American provider of energy services headquartered in Halifax, Nova Scotia, with investments in regulated electric and natural gas utilities, and related businesses and assets. The Emera family of companies delivers safe, reliable energy to approximately 2.6 million customers in Canada, the United States and the Caribbean. Our team of 7,600 employees is committed to our purpose of energizing modern life and delivering a cleaner energy future for all. Emera’s common and preferred shares are listed and trade on the Toronto Stock Exchange. Additional information can be accessed at www.emera.com or www.sedarplus.ca.

About Nova Scotia Power

Nova Scotia Power has had a presence in communities across Nova Scotia for over a century. As the primary electricity provider in the province, the company is regulated by the Nova Scotia Utility and Review Board and provides generation, transmission, and distribution of electrical power to approximately 550,000 customers. This includes residential, commercial, and industrial customers. With more than 2,300 dedicated employees, the team at Nova Scotia Power works every day to provide safe, reliable service to customers in every corner of the province. Their focus is on engaging with communities about the important work being done to meet the evolving energy needs of Nova Scotians while supporting the exciting growth and development in the region. Learn more at nspower.ca.