Capital Reports R8 - Refiled

This document is an exhibit filed in a Nova Scotia Energy Board regulatory matter, and it contains a capital report detailing NS Power's 2025 capital expenditures as outlined in the 2025 Annual Capital Expenditure (ACE) plan, along with a routine capital reconciliation as of December 31, 2025. It covers comparisons between actual 2025 routine expenditures and the 2025 ACE Plan, highlighting variances in spending across categories such as generation, transmission, distribution, and general plant, and notes that expenditures exceeding CEJC ATO thresholds will require ATO applications to be submitted to the NSEB.