TriState Capital Announces Public Offering of Common Stock by Selling Shareholders

May 22, 2018 PITTSBURGH–(BUSINESS WIRE)–TriState Capital Holdings, Inc. (Nasdaq:
TSC) today announced that affiliates of Lovell Minnick Partners LLC (collectively, “Lovell Minnick”) have agreed to sell 2,200,000 shares of TriState Capital common stock in an underwritten public offering. Keefe, Bruyette & Woods, Inc., A Stifel Company, is acting as the sole book-running manager for the offering. TriState Capital is not selling any stock in this transaction and will not receive any proceeds from the secondary offering.

Lovell Minnick funds have been equity investors in TriState Capital since August 2012. Upon completion of the offering Lovell Minnick is expected to continue to own approximately 9% of the Company’s outstanding common stock. Lovell Minnick Co-Chairman James E. Minnick also remains a member of TriState Capital’s Board of Directors.

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