Tricon Capital : March 10, 2017 – Tricon Capital Mourns the Passing of Lead Director Eric Duff Scott

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Tricon Capital Mourns the Passing of Lead Director Eric Duff Scott Toronto, Ontario - March 10, 2017 - With great sadness, the Board of Directors of Tricon Capital Group Inc. announced today the passing of Tricon's Lead Director, Eric Duff Scott. Mr. Scott has been the Company's Lead Director and Chair of its Compensation, Nominating and Corporate Governance Committee since the Company went public in 2010.

Through his long and distinguished business career, Mr. Scott helped to shape strategy and governance practices across a wide spectrum of Canadian businesses, serving on the boards of over 20 public companies and as Chairman of the Toronto Stock Exchange, Deputy Chairman of Merrill Lynch Canada and Chairman of Prudential Bache Securities Canada.

David Berman, Executive Chair of the Board, said, "Tricon, its Board of Directors, executives and employees are greatly saddened by the passing of a great friend, mentor and supporter. Duff was a champion of Canadian business and we were fortunate to have him with us from our very inception as a public company. Through his great insight, unparalleled business acumen, and leadership at the Board level, he contributed greatly to the Company's growth and success. On behalf of everyone at Tricon, we extend our deep condolences to his wife Pat and his family and friends. We will miss him greatly."

For further information, please contact:

Gary Berman President and CEO Tel: [phone] Email: [e-mail]

David Berman Executive Chairman Tel: [phone] Email: [e-mail]