TORONTO–(BUSINESS WIRE)–Home Capital Group Inc. (“Home Capital”) (TSX: HCG) and its subsidiary Home Trust Company, (“Home Trust” or “the Company”) announce the closing of a successful offering of two-year $200 million fixed-rate deposit notes (the “Notes”).

This deposit note issuance marks Home Trust’s first issuance of deposit notes since 2015. The Notes bear an interest rate of 5.317% which represented a spread of 225 basis points over comparable term Government of Canada Bonds and have a maturity date of June 13, 2024.

“We are pleased with investor response to our return to the deposit note market despite a volatile market backdrop,” stated Brad Kotush, Executive Vice President and Chief Financial Officer at Home Capital. “The 26 investors in the book led to an oversubscription of 1.8 times and give us confidence in our ability to utilize deposit notes as an element of our funding diversification strategy.”

BMO Capital Markets and RBC Capital Markets acted as joint leads and bookrunners for the offering together with a broad syndicate of leading financial institutions. The Notes will rank equally and ratably with all present and future unsecured and unsubordinated liabilities of Home Trust and are not covered by CDIC insurance.

About Home Capital: Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through a direct-to-consumer deposit brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia and Quebec.

Contacts

Jill MacRae

VP, Investor Relations and ESG

416-933-4991

Investor.relations@hometrust.ca

• First-of-its-kind global award platform celebrating industry leaders that prioritize innovation and decarbonization
• Empowering partners to deliver digital transformation, sustainability, and efficiency in the new electric world
• Nominations opening soon until 25^th November 2022

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the launch of the inaugural Schneider Electric Sustainability Impact Awards, the first initiative from the Partnering for Sustainability Program, to recognize the critical role that Schneider’s partners play in delivering a more resilient and sustainable electric world.

The Partnering for Sustainability program is a continuation of Schneider’s initiatives to empower its extensive ecosystem of partners to move toward a more sustainable future. It includes comprehensive education and training, a simplified product portfolio, an open and collaborative support ecosystem and access to expertise and resources on digital transformation. Designed to empower partners to become more sustainable in their own practices and support their customers on the path to net-zero, the program provides four easy steps that partners can follow to future-proof their businesses.

The Schneider Electric Sustainability Impact Awards will recognize a wide range of partners in two categories:

1. Sustainability: Impact for my company: for partners who exhibit sustainability leadership in decarbonizing their operations,
2. Sustainability and Efficiency: Impact for customers: for partners who demonstrate sustainability leadership by helping customers to achieve their decarbonization goals.

Entries will be carefully assessed on how they are leveraging energy and automation digital solutions to electrify operations, reduce energy supply, increase operational efficiency and embrace circularity across the value chain.

Eligibility requirements

The Awards are will be open to all organizations worldwide that work with Schneider Electric to enable efficiency and sustainability. Partner organizations need to be one of the following business types to take part in the program:

1. Homebuilders
2. IT Partners
3. Partner Builders
4. Design Firms
5. Contractors
6. System Integrators
7. EcoXperts
8. OEMs
9. Industrial Automation System Integrators
10. Machine Integrators
11. Industrial Automation Distributors

How to Enter

Nominations will officially be accepted from July 1^st – Register interest here. The deadline to submit is 25^th November 2022. All nominations and submissions will be shortlisted for the Regional Awards, before streamlining further for the Global Award. The final winner will be announced in January 2023.

“We are all on the same mission – to accelerate the path to net-zero. At Schneider, we want to recognize those who are embedding positive change in their business operations. Partners who excel at this set a precedent for others to follow,” said Rohan Kelkar, Executive Vice President of Power Products at Schneider Electric. “We know there’s power in numbers and together we can deliver a significantly larger impact through considered sustainable and efficient practices.”

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

https://www.se.com/ca/en/

Discover Life Is On Follow us on: Twitter, Facebook, LinkedIn, YouTube, Instagram, Blog

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights

Contacts

Media Relations – Edelman on behalf of Schneider Electric, Juan Pablo Guerrero, Phone: +1 416 875 7173, Email: juan.guerrero@edelman.com

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact“, “we“, “our” or the “Trust“) announced today the closing of its previously-announced public offering of $40 million aggregate principal amount of 5.75% convertible impact unsecured subordinated debentures of the Trust due December 31, 2027 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). The Debentures are convertible, at the option of the holder, into units of Dream Impact (“Units”) at a conversion price of $8.00 per Unit representing a conversion rate of 125.0000 Units per $1,000 principal amount of Debentures. The Debentures were sold to a syndicate of underwriters led by TD Securities Inc. and Scotiabank on a bought deal basis. In addition, Dream Impact has granted the underwriters an over-allotment option to purchase up to an additional $6 million aggregate principal amount of Debentures at the same price, which can be exercised in whole or in part at any time for a period of 30 days following the closing of the Offering.

The Debentures will trade on the Toronto Stock Exchange under the symbol “MPCT.DB.A”.

The net proceeds from the Debentures are intended to be used for expenditures associated with eligible impact investments in accordance with the Trust’s Impact Financing Framework, released in 2021, as amended on May 30, 2022. Prior to the allocation of the net proceeds of the Offering, the net proceeds may be initially utilized, in part or in full, for repayments of certain of the Trust’s credit facilities, and ultimately will be allocated to finance, in whole or in part, expenditures associated with eligible impact investments in accordance with the Trust’s Impact Financing Framework.

The press release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities in any jurisdiction in which such offer or solicitation is unlawful. This press release is not an offer of securities for sale in the United States (“U.S.”). The securities being offered and the Units issuable upon the conversion, redemption of maturity of the Debentures have not been and will not be registered under the US Securities Act of 1933, as amended, and accordingly are not being offered for sale and may not be offered, sold or delivered directly or indirectly within the U.S., its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except pursuant to an exemption from the registration requirements of that Act.

About Dream Impact

Dream Impact is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investment holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

Forward-Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Some of the specific forward-looking information in this press release may include, among other things, the intended use of proceeds from the Offering, the repayment of certain of the Trust’s credit facilities and the financing, in whole or in part, of expenditures associated with eligible impact investments in accordance with the Trust’s Impact Financing Framework. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: risks associated with unexpected or ongoing geopolitical events, including disputes between nations, terrorism or other acts of violence, and international sanctions; the disruption of free movement of goods and services across jurisdictions; the risk of adverse global market, economic and political condition s and health crises, including the impact of the novel coronavirus (COVID-19 and variants thereof) pandemic on the Trust; risks inherent in the real estate industry; risks relating to investment in development projects; impact investing strategy risk; risks relating to geographic concentration; risks inherent in investments in real estate, mortgages and other loans and development and investment holdings; credit risk and counterparty risk; competition risks; environmental and climate change risks; risks relating to access to capital; interest rate risk; the risk of changes in governmental laws and regulations; tax risks; foreign exchange risk; acquisitions risk; and leasing risks. Our objectives and forward-looking statements are based on certain assumptions with respect to each of our markets, including that the general economy remains stable; the gradual recovery and growth of the general economy continues over 2022; that no unforeseen changes in the legislative and operating framework for our business will occur; that there will be no material change to environmental regulations that may adversely impact our business; that we will meet our future objectives, priorities and growth targets; that we receive the licenses, permits or approvals necessary in connection with our projects; that we will have access to adequate capital to fund our future projects, plans and any potential acquisitions; that we are able to identify high quality investment opportunities and find suitable partners with which to enter into joint ventures or partnerships; that we do not incur any material environmental liabilities; interest rates remain stable; there will not be a material change in foreign exchange rates; that the impact of the current economic climate and global financial conditions on our operations will remain consistent with our current expectations; our expectations regarding the impact of the COVID-19 pandemic and government measures to contain it; our expectation regarding ongoing remote working arrangements; and competition for and availability of acquisitions remains consistent with the current climate. All forward-looking information in this press release speaks as of the date of this press release. The Trust does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is disclosed in the Trust’s filings with securities regulators filed on the System for Electronic Document Analysis and Retrieval (www.sedar.com), including its latest annual information form and MD&A. These filings are also available at the Trust’s website at www.dreamimpacttrust.ca.

Contacts

Meaghan Peloso
Chief Financial Officer

416 365-6322

mpeloso@dream.ca

Kimberly Lefever
Director, Investor Relations

416 365-6339

klefever@dream.ca

VANCOUVER, British Columbia–(BUSINESS WIRE)–Metrie^®, North America’s largest manufacturer and distributor of millwork solutions, announces that it has entered into a definitive agreement for the acquisition of certain assets of Tinder Wholesale, LLC, a two-step distributor of interior and exterior millwork in the US East.

Subject to the fulfillment of certain closing requirements, the deal is expected to close on June 20^th, 2022.

About Metrie^®:

For nearly 100 years, Metrie has helped people transform their homes with high-quality millwork products. The Metrie story began in 1926 as a small, family-owned and -operated business in Vancouver, B.C. Since then, Metrie’s commitment to innovative design and fine craftsmanship has helped the company expand operations to include six solid wood and MDF manufacturing facilities, plus 26 distribution centers in the U.S. and Canada. Metrie has grown over the last nine decades to become the largest MDF moulding manufacturer in North America. For more information, please visit www.Metrie.com or visit us on social media: LinkedIn, Facebook, Instagram, Twitter, Pinterest, YouTube and Houzz.

Contacts

Jonathan Anthony, Director, Corp. Communications | Jonathan.Anthony@metrie.com | 604-374-3240

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN, TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, provided an update today on its Environmental, Social, and Governance (“ESG”) initiatives. The Company is pleased to announce the upcoming launch of a down payment assistance program for its residents and progress on several key environmental sustainability initiatives. Tricon also released its annual ESG report, a comprehensive review of the Company’s progress towards its ESG commitments in five key priority areas: Our People, Our Residents, Our Impact, Our Governance, and Our Innovation.

“As a leader in single-family rental and a people-first company, we believe it is our duty to be a good corporate citizen and a responsible housing provider,” said Gary Berman, President & CEO of Tricon Residential. “We understand a house is not just a building or an asset, but a home. Tricon’s new industry-leading resident down payment assistance program delivers on our promise of putting our residents first and making home ownership more accessible for those who want to a buy a home. We believe housing is a continuum and that families should have viable options to rent or buy single-family homes.”

“I am also proud to share our progress on a range of environmental sustainability initiatives that are taking our ESG program to new heights, along with a comprehensive account of our 2021 performance in our annual ESG report,” Mr. Berman added. “With this year’s ESG report, we have taken a meaningful step towards expanding our ESG disclosures and metrics to better reflect the extent of our far-reaching ESG program.”

Tricon’s Market-leading Down Payment Assistance Program

Tricon is committed to providing housing options to its residents, including the ability to rent or own a home. Tricon’s market-leading down payment assistance program is a key component of Tricon Vantage, a set of tools and resources to help Tricon’s residents achieve their financial goals and enhance their long-term economic stability.

Under the program, Tricon’s single-family rental residents can qualify for assistance of $5,000 towards a down payment to buy a home of their choice, provided they have been residents of Tricon in good standing for at least five years. The program will be available to qualifying existing residents starting in the fourth quarter of 2022 and will be retroactive to the date of first move-in.

Environmental Sustainability Initiatives

Tricon is pleased to report progress on several sustainability initiatives that demonstrate a clear and dedicated action plan to create a positive long-term impact on the environment:

• Completed energy efficiency upgrades on 70% of the single-family rental portfolio
• Deploying rooftop solar across 1,175 newly constructed homes
• Piloting a Net Zero single-family rental community
• Targeting LEED Gold certification across 90% of Canadian multi-family portfolio

Details of these initiatives include:

• Sustainable Renovation Practices: Tricon focuses on a number of high impact sustainability priorities when renovating or turning each home, including: (i) assessing and replacing major mechanical systems with energy-efficient alternatives, including ENERGY STAR®-certified home appliances and energy-efficient HVAC and hot water systems, (ii) installing low-flow faucets and toilets to reduce water consumption, (iii) installing smart thermostats to allow our residents to better control energy use from the heating/cooling of their homes, and (iv) installing natural and eco-friendly materials to reduce the environmental impact of renovation activities. As of year-end 2021, Tricon has installed new appliances, HVAC systems and/or water heaters in over 20,000 homes, representing approximately 70% of its single-family rental portfolio. The combined impact of these renovations results in an estimated annual savings of over 43.5 MWh of energy and nearly 2.0 million gallons of water.

• Rooftop Solar Deployment: Tricon currently has 1,175 homes slated for construction in six build-to-rent communities throughout California that will be equipped with solar power. Upon completion, these homes will have the capacity to generate a combined 4.5 MW of clean renewable solar energy and are projected to offset 100% of a resident’s average home electricity consumption, resulting in a reduction of approximately 6,570 tons in carbon dioxide emissions per year. In addition, Tricon is piloting solar energy upgrades on select existing homes in the Southwestern U.S. and anticipates expanding this program to several hundred homes over the next year.

• Net Zero Pilot: Tricon is working in conjunction with a subsidiary of Highland Homes, HHS Residential, its largest build-to-rent partner in Texas, to design a Net Zero pilot community. This community features homes that will generate a below-zero Home Energy Rating System (HERS) Index rating, meaning the homes will be able to generate more energy than they consume over the course of a typical year, resulting in excess clean energy which can be made available for other uses such as electric vehicles and/or contribution to the power grid.

• Canadian Multi-Family LEED Certification: In Toronto, Tricon’s growing multi-family portfolio of ~4,800 suites under operation or development represents one of the most sustainable, large-scale residential development programs in North America. Over 90% of Tricon’s current development pipeline, encompassing more than 3.9 million square feet of residential space, is targeted to achieve LEED Gold certification. Tricon also proudly supports the Toronto Green Standards (TGS) program, Toronto’s sustainable design performance requirements for new developments. Over 50% of the entire portfolio is meeting or exceeding TGS Tier 2 certification requirements.

2021 ESG Report

Tricon today released its 2021 ESG report. Highlights include:

Our People

• Certified as a Great Place to Work® for the second year in a row through multiple programs that support employee well-being and engagement.
• Supported employee career goals and professional development through the launch of Tricon Academy, which enabled over 10,000 hours of leadership and technical skills training.
• Developed a Diversity, Inclusion and Belonging (“DIB”) Roadmap and formed a DIB Council to create an inclusive and respectful workplace culture, champion employee action, and measure impact.
• Hired 511 new employees in 2021, of which 61% identified as Black, Indigenous and people of color (BIPOC) and 39% identified as female.

Our Residents

• Introduced Tricon Vantage, a market-leading program aimed at providing Tricon’s residents with tools and resources to set financial goals and enhance their long-term economic stability. This includes a resident down payment assistance program, which provides qualifying residents with down payment assistance to buy a home.
• Continued to deliver an exceptional resident experience, reflected in Tricon’s 4.5-star Google rating and record-low resident turnover rate of 19.7% in 2021.

Our Impact

• Invested over $68 million in energy efficiency measures, covering nearly 70% of Tricon’s single-family rental homes.
• Launched a pilot study for net-zero homes, including solar power installations, insulation upgrades, and electric vehicle charging stations.
• Targeting LEED Gold certification across 90% of the current Canadian multi-family development portfolio, representing nearly 3.9 million square feet of residential space.

Our Governance

• Reached the Board of Directors gender diversity standards of 30% Club Canada.
• Signed onto the BlackNorth CEO initiative pledge, joining Canada’s largest businesses in this united commitment to counter systemic anti-Black racism, and met our public commitment to fostering leadership diversity.
• Completed inaugural GRESB submission and became a signatory to the United Nations-supported Principles for Responsible Investment.

Our Innovation

• Launched proprietary Innovation Lab at Tricon’s operational headquarters, focused on turning emerging technologies and resident insights into new service offerings and operational improvements.
• Expanded Intelligent Virtual Agent (IVA) technology to facilitate maintenance requests as well as leasing activities at Tricon’s centralized call center.
• Expanded TriPOD, Tricon’s proprietary customer relationship management platform, to the multi-family portfolio to enhance service delivery and operational efficiency.

Additional details about Tricon’s ESG goals and progress, and our 2021 ESG Report, can be found in the Sustainability section of Tricon’s website at www.triconresidential.com.

About Tricon Residential Inc.

Tricon Residential Inc. is an owner and operator of a growing portfolio of approximately 39,000 single-family rental homes and multi-family rental apartments in the United States and Canada with a primary focus on the U.S. Sun Belt. Our commitment to enriching the lives of our residents and local communities underpins Tricon’s culture and business philosophy. We strive to continuously improve the resident experience through our technology-enabled operating platform and innovative approach to rental housing. At Tricon Residential, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

*  *  *

This news release contains information regarding expected future initiatives and outcomes which reflect the Company’s current expectations and intentions but are subject to change. It also contains environmental performance metrics derived from publicly available information which the Company believes to be accurate but has not independently verified.

Resident qualification for the down payment assistance program and the details of their participation are subject to further terms and conditions established by the Company.

Contacts

Investors

Wissam Francis

EVP & Chief Financial Officer

Wojtek Nowak

Managing Director, Capital Markets

Email: investorsupport@triconresidential.com

Media

Tara Tucker

Vice President, Communications

Email: ttucker@triconresidential.com