Mr. Mayco Quiroz reports

TENET REPORTS Q1-2026 FINANCIAL RESULTS, MARKING FIRST EVER PROFITABLE QUARTER

Tenet Fintech Group Inc. has released its financial results and operating highlights for the three-month period ended March 31, 2026. Tenet reported revenue of $11,537,820 for the quarter, compared with $179,161 in the first quarter of 2025, and for the first time in the company's history, Tenet reported a net profit of $728,475 for the first quarter (Q1) of 2026, compared with a net loss of $3,372,597 in Q1 2025.

Q1 2026 key financial figures:

• Total revenue of $11.54-million;
• Net profit of $728,480;
• Cash flow from operations of $458,000.

Q1 2026 operating highlights

The net profit reported by Tenet for the quarter can be attributed to just a handful of significant factors. Those include: the strong return of activity on the company's GoldRiver supply chain platform, which began in Q4 (fourth quarter) 2025 and continued during the quarter; the transition of the company's business model to emphasize data, AI (artificial intelligence) and analytics, which led to an important decrease in fixed operational expenses; and the reversal of a provision related to the U.S. class action lawsuit against the company and two of its executive officers, which was dismissed by the plaintiffs during the quarter.

Some of Tenet's important achievements during the first quarter of 2026 to help bring the company closer to its intended objective of becoming the global custodian of private SME data and leverage AI to become a global leader in business and economic intelligence include the following:

• Various enhancements to the company's Cubeler business development platform's networking and insights modules;
• Partnerships with seven new accounting/bookkeeping service providers to bring more business client memberships to the Cubeler business development platform.

Full details of the company's first quarter 2026 financial results can be found in the unaudited condensed interim consolidated financial statements and management's discussion and analysis (MD&A) for the three-month periods ended March 31, 2026, and March 31, 2025, which are available under the company's profile on SEDAR+.

About Tenet Fintech Group Inc.

Tenet Fintech 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 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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