Fortis Inc. to Hold Teleconference on February 11 to Discuss 2021 Annual Results

Rhea-AI Summary

Fortis Inc. will announce its 2021 annual financial results on February 11, 2022, with a teleconference at 8:30 a.m. (Eastern). CEO David Hutchens and CFO Jocelyn Perry will lead the discussion. Interested parties can join via phone or listen to a live webcast on Fortis' website. A replay will be available thereafter until March 11, 2022. Fortis is a significant player in North America's regulated utility sector, reporting 2020 revenue of $8.9 billion and possessing total assets of $57 billion as of September 30, 2021.

Positive

• Fortis reported $8.9 billion in 2020 revenue, indicating strong financial performance.
• Total assets of $57 billion as of September 30, 2021, showcasing robust financial stability.
• The upcoming teleconference provides transparency and opportunities for investor engagement.

Negative

• None.

ST. JOHN'S, Newfoundland and Labrador, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2021 annual financial results on Friday, February 11, 2022. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2021 annual financial results.

Shareholders, analysts, members of the media and other interested parties in North America are invited to participate by calling 1.833.968.2272. International participants may participate by calling 236.714.2970. Please dial in 10 minutes prior to the start of the call. No passcode is required.

A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com. A replay of the teleconference will be available two hours after the conclusion of the call until March 11, 2022. Please call 1.800.585.8367 or 416.621.4642 and enter passcode 8563966.

About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2020 revenue of $8.9 billion and total assets of $57 billion as at September 30, 2021. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine 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.sedar.com, 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 & Corporate Affairs Fortis Inc. 709.737.5323 media@fortisinc.com

A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/5424a792-cfe7-4ee9-a268-b2bcfa3b9db1

FAQ

When will Fortis Inc. release its 2021 annual financial results?

Fortis Inc. will release its 2021 annual financial results on February 11, 2022.

What time is the Fortis Inc. teleconference for the 2021 financial results?

The teleconference will be held at 8:30 a.m. (Eastern) on February 11, 2022.

How can I participate in the Fortis Inc. financial results teleconference?

Participants can join by calling 1.833.968.2272 for North America or 236.714.2970 for international calls.

What were Fortis Inc.'s revenue and total assets as of September 30, 2021?

As of September 30, 2021, Fortis Inc. reported revenue of $8.9 billion and total assets of $57 billion.