Mr. Joseph Nakhla reports

TRIBE PROPERTY TECHNOLOGIES ANNOUNCES REPLACEMENT SENIOR LOAN FACILITY OF UP TO $15 MILLION

Tribe Property Technologies Inc. has entered into a definitive loan agreement with CIBC for a senior loan facility of up to $15-million replacing the company's existing senior term loan facility.

The new facility includes a $3-million revolving operating line to support working capital requirements and a $12-million revolving merger-and-acquisition facility intended to finance strategic acquisitions. The company's previous senior term loan facility included a $1-million revolving operating line and a $7-million non-revolving M&A facility with an accordion feature of $5-million. As of Sept. 30, 2025, the company had drawn approximately $650,000 against the previous facility operating line and $9.5-million against the M&A facility. These amounts are obligations owing to CIBC under the new facility.

The new facility has a more favourable interest rate whereas the previous senior term loan facility had an interest rate of prime plus 2.65 per cent per annum. The new facility also waives fees charged under the previous senior term loan facility such as commitment, renewal, management and standby fees. Initial amounts drawn under the M&A facility will be repaid in blended monthly payments of principal and interest to amortize over 10 years, with subsequent draws amortizing over seven years. The previous senior term loan facility included an amortization schedule of five years. The company will enter into security documentation with CIBC to secure the obligations of the company under the new facility. The company will also be subject to certain financial and negative covenants.

The new facility thus provides Tribe with improved access to non-dilutive capital, allowing the company greater opportunities to reduce dependence on vendor takeback or earnout structures. In addition, Tribe expects to benefit from a lower cost of borrowing and increased financial flexibility.

Over the past year, Tribe has made significant progress in reducing its VTB obligations. As of Sept. 30, 2025, VTBs declined to $1.95-million, a 55-per-cent reduction from $4.3-million at year-end 2024 -- reflecting the company's disciplined approach to strengthening its balance sheet and optimizing acquisition structures. The new facility is expected to further support these efforts by providing lower-cost, non-dilutive capital that enhances the company's ability to manage VTB obligations through targeted cash payments and strategic earnout management.

"We are thrilled to announce this significant milestone for Tribe, which illustrates our commitment to strategic growth and financial discipline," said Joseph Nakhla, chief executive officer of Tribe. "Executing this financing facility is an essential part of our growth strategy as it provides us with improved access to non-dilutive capital and lowers our borrowing costs, which are beneficial to our long-term capital structure. We're also pleased with the progress we have made in reducing our VTBs as we continue to strengthen our financial position and balance sheet."

A copy of the loan agreement will be filed under the company's SEDAR+ profile.

About Tribe Property Technologies Inc.

Tribe is a property technology company that is disrupting the traditional property management industry. As a rapidly growing technology-forward property management company, Tribe's integrated service technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers. Tribe seeks to acquire highly accretive targets in the fragmented North American property management industry and transform these businesses through streamlining and digitization of operations. Tribe's platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform.

We seek Safe Harbor.