The Fortis Inc. Employee Share Purchase Plan (ESPP) provides eligible employees the opportunity to purchase Fortis, Inc. common shares on a completely voluntary basis.
If an employee chooses to participate in the plan, your employer will add a 10% “top up” (company match), which will go toward the purchase of Fortis, Inc. common shares on the investment date. In addition, employees will receive a 10% “top up” (company match) on earned dividends, which will be reinvested into additional common shares.
As with any investment, employees are encouraged to thoroughly review and assess this plan with a tax and financial advisor. For details on the plan, please refer to the Fortis ESPP Prospectus.
The current year investment schedule is listed below:
| Quarter | Enrollment Window | Investment Date |
|---|---|---|
| Q1 | 2/10-2/19 | 3/1/2026 |
| Q2 | 5/12-5/21 | 6/1/2026 |
| Q3 | 8/11-8/20 | 9/1/2026 |
| Q4 | 11/10-11/19 | 12/1/2026 |
Employees must complete and sign an enrollment form. Once the form is completed, please submit it to the Compensation and Benefits team by one of the following methods:
The enrollment form must be received by the close of business on the last day of the enrollment period. Late enrollment forms will not be accepted. Purchases will be made on the investment date or the next trading day if markets are closed. The purchase price will be the volume-weighted average trading price of the Common Shares on the Toronto Stock Exchange during the five trading days immediately preceding the investment date. Within 2-3 weeks after the investment date, Computershare will send new participants two tax forms, a US W9 and Canadian NR-301.
Please Note: If you did not receive an email from the Compensation & Benefits team to your company email confirming receipt of your enrollment form by the end of an enrollment window, we did not receive it. Please contact us immediately at (520) 884-3702.
Employees have two options to pay for share purchases.
Attach a check made payable to your company of employment along with your enrollment document.
Payments over a 12-month period via payroll deduction will begin as soon as administratively feasible following the quarterly purchase date. For more details on the loan option, please refer to the Prospectus.
Computershare is the administrative agent and can be contacted by calling a customer service representative.
Computershare Canada Customer Service
(866) 586-7638
Press option ‘2’ for Fortis ESPP
If you enrolled in a previous quarter, you may check your account status and balance online at EquatePlus. You will then be prompted for your ID, which was mailed to you in a statement and begins with ‘C000’ and PIN. If you need help with your login credentials, use the Forgot PIN link on the login screen or call the Computershare number above.
UNS Comp Team
(520) 884-3702
Investing in Fortis Stock gives you the opportunity to participate in our company’s success, which is driven in large part by your contributions made every day. See how Fortis Stock works in the 401(k) by reviewing Fortis Stock in Your 401(k).