As contemplated and originally disclosed in connection with the spin-off of NorthStar Realty Europe Corp. from NorthStar Realty Finance Corp., the board of directors of the company appointed Scott A. Berry as Chief Financial Officer and Treasurer of the company, effective December 7, 2015. Concurrently with Mr. Berry's appointment, and as previously announced, Debra A. Hess will cease serving as Interim Chief Financial Officer and Treasurer of the company.

Mr. Berry previously served as the co-chief financial officer of Eurocastle Investment Limited. which he joined in September 2011. Mr. Berry also served on the audit committee, management boards and transaction approval panel of Eurocastle Investment Limited.

Prior to his employment with Eurocastle Investment Limited, he served as the financial controller for CBS Outdoor Limited from November 2007 until September 2011 and served on its operating board and deal board.