Mr. Dan Daviau reports

CANACCORD GENUITY GROUP ANNOUNCES ENHANCEMENTS TO EXECUTIVE LEADERSHIP TEAM

Canaccord Genuity Group Inc. has made the following appointments to its global leadership team. The executives will join the global operating committee and will report to Dan Daviau, whose appointment to president and chief executive officer of Canaccord Genuity Group becomes effective today.

Pat Burke joins the firm as president of the capital markets division of Canaccord Genuity Corp. (Canada) and brings more than 25 years of experience and extensive institutional relationships to his role. Most recently, Mr. Burke served as global head of equity and co-head of global investment banking for Scotiabank. In that role, Mr. Burke was responsible for oversight of equity sales, trading, research, prime brokerage, equity capital markets, equity derivatives and investment banking. Prior to joining Scotiabank, Mr. Burke was managing director and head of Canadian equities for Merrill Lynch, having held various roles of increasing responsibility since 2000. From 1990 to 2000, Mr. Burke worked in institutional equity and fixed income for Bank of Montreal.

Stuart Raftus has been appointed chief administrative officer of Canaccord Genuity Group Inc., a role which comprises responsibility and oversight of the firm's global operations, information technology, human resources and marketing. This appointment leverages Mr. Raftus's record of implementing sound business strategies and driving operational success, gained over three decades of experience in the Canadian and U.S. securities industry. Most recently, Mr. Raftus has been credited with successfully realigning the firm's Canadian wealth management operations and significantly reducing fixed costs, an accomplishment which will directly contribute to success in his new role. Mr. Raftus will continue to serve as president of Canaccord Genuity Wealth Management in Canada, a role he has held since 2014.

Brad Kotush will continue as executive vice-president and chief financial officer of Canaccord Genuity Group Inc., and will take on the additional role of chief risk officer. Since joining the firm in 1998, Mr. Kotush has held various responsibilities of strategic importance across the firm's global operations, and as chief financial officer, has played a vital role in the global development of Canaccord Genuity Group Inc. since his appointment in 2006.

Jeff Barlow has been promoted to president, Canaccord Genuity Inc. (U.S.). Mr. Barlow joined Canaccord Genuity in 2007 and successfully expanded the firm's life sciences practice, before becoming head of U.S. investment banking in June, 2011. Mr. Barlow has proven to be a talented and capable partner, with a demonstrated ability to build strong teams and successfully grow the firm's business in the U.S.

Mark Whaling has been appointed global head of sales and trading; a position which builds upon his achievements as head of global equity sales and trading businesses since 2012. Mr. Whaling will continue to manage Canaccord Genuity's global institutional sales and trading operations with additional oversight of fixed income and all other non-equity sales and trading operations.

"Today's appointments reflect our commitment to improving the global alignment and operating efficiency of our business," said Dan Daviau, president and chief executive officer of Canaccord Genuity Group Inc. "I am confident this will enable us to better serve our clients and our shareholders.

"I am particularly pleased to welcome Pat Burke to the firm," Mr. Daviau continued. "He brings significant global capital markets expertise to his role, along with a proven track record of building strong teams."