Tricon Residential Inc.’s concurrent NYSE Listing, short form, base shelf and ATM

Goodmans LLP acted for Tricon Residential Inc., an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, in connection with three concurrent transactions.

The transactions include Tricon's short form dated June 2, 2021 for total proceeds of $174,999,500, its final short form base shelf prospectus for an aggregate offering amount of up to C$1,500,000,000, and its initial public offering of common shares (the “Common Shares”) of Tricon Residential Inc. in the United States and a new issue of Common Shares in Canada by the Company.

The prospectus supplement, together with the accompanying short form base shelf prospectus dated August 26, 2021 (the “Shelf Prospectus”), qualified the distribution of 36,000,000 Common Shares (the “Offered Shares”) at a price of US$12.40 per Common Share (the “Offering Price”) for total proceeds of US$446,400,000.