Mr. Mayco Quiroz reports

TENET RECEIVES FIRST ROYALTY PAYMENT FROM CHINESE SUBSIDIARY

Tenet Fintech Group Inc. has received the first royalty payment of approximately $110,000 from one of its Chinese operating subsidiaries related to the rights granted to the subsidiary to use and operate the company's platforms in China.

All of Tenet's Chinese operating subsidiaries either use or operate platforms belonging to the company as part of their revenue generating activities, for which the subsidiaries must either pay royalty or service fees to Tenet. While the intercompany agreements between Tenet and its subsidiaries date back several years, they were not enforced until Tenet believed that the subsidiaries would be able to make the payments without impacting their ability to continue to expand their operations. After careful assessment of the financial position of one of the company's subsidiaries following the end of the second quarter of 2026, Tenet decided that the time had come and asked the subsidiary to begin the process of sending royalty payments to the company's head office in Canada.

The cash repatriation from China to Canada was also meant to test the repatriation process itself under the royalty payment model, including the length of time associated with the process to allow for better planning of the company's future cash requirements. Tenet has plans to also test the cash repatriation process under the service fee payment model later this year and to implement a quarterly subsidiary royalty/service fee payment policy as of the end of the third quarter of 2026.

About Tenet Fintech Group Inc.

Tenet is the parent company of a group of innovative financial technology and artificial intelligence 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 market 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 business-to-business transactions among its members.

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