Mr. Mayco Quiroz reports

TENET'S CUBELER BUSINESS HUB ECLIPSES $1M MILESTONE IN CREDIT FACILITATED IN CANADA AS MORE LENDERS AND SMES CONTINUE TO JOIN THE PLATFORM

Activity from Tenet Fintech Group Inc.'s Cubeler Business Hub's financing pillar during the month of November, 2023, pushed the platform over $1.25-million in loans facilitated in Canada.

In addition to hitting the credit milestone, the Cubeler Business Hub also continued to attract new lenders and small and medium-sized enterprises (SMEs) during the month. Alternative lender Growth Street Capital joined the platform, and, after a significant decline in the number of new SME registrations on the platform from the second quarter to the third quarter, SME registrations as of the date of this news release were up by over 25 per cent during the fourth quarter of 2023. As of the end of November, 2023, SME membership on the Cubeler Business Hub in Canada included businesses operating in industries represented by 18 of the 20 North American Industry Classification System codes, missing only businesses operating in the public administration and finance and insurance industries.

"Passing the $1-million milestone certainly is a proud accomplishment for us," commented Mayco Quiroz, Tenet's chief operating officer. "But what I'm most pleased about is that our number of SME registrations seems to be rebounding. This is an encouraging sign, particularly since we have decided to limit our marketing efforts until we get the networking and advertising pillars up and running. We think it means that the SME owners and executives already registered on the platform are starting to get the word out again about the Hub. Hopefully, we can build on that momentum when we add the networking and advertising pillars to the platform in Q1 2024."

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, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or by leveraging data gathered by the Cubeler Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B (business-to-business) transactions among its members.

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