Ms. Christina Boyd reports

TENET ANNOUNCES FURTHER COST REDUCTIONS AND ENCOURAGES SHAREHOLDERS TO VOTE FOR MANAGEMENT'S NOMINEES FOR ELECTION TO THE BOARD

Tenet Fintech Group Inc., as part of its continuing cost-streamlining process, has further reduced the cost of running the company's Canadian operations on a go-forward basis to a total of approximately 60 per cent.

Tenet's management also encourages the company's shareholders to vote for management's nominees for election to Tenet's board of directors. In addition, Tenet reminds the company's shareholders that the deadline to vote is prior to 10 a.m. ET on Friday, June 23, 2023.

Copies of the management information circular, which was filed on SEDAR on May 31, 2023, together with related meeting and proxy materials, are available on Tenet's SEDAR profile.

For any questions or more information with respect to the company's annual general meeting, which will be held on Tuesday, June 27, 2003, at 10 a.m. ET, please contact TMX Investor Solutions at 1-800-549-6746 toll-free in North America, or 1-201-806-7301 outside of Canada and the United States, or by e-mail at info_tmxis@TMX.com.

About Tenet Fintech Group Inc.:

Tenet Fintech Group is the parent company of a group of innovative financial technology (fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-(artificial intelligance)-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate business-to-business transactions among its members.

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