Tribe Property Technologies Completes Operational Integration of Meritus Group Management, Expanding Condominium Management Scale Across Central and Southwestern Ontario

• The Company now serves more than 70 condominium buildings and 5,400 condo units across Central and Southwestern Ontario, including the Greater Toronto Area, under the Tribe brand.
• The Meritus business is now fully operating within the Tribe platform, including its people, processes, reporting, financial and operational controls, infrastructure and service standards

VANCOUVER, BC, Sept. 24, 2026 /CNW/ -- Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB: TRPTF) ("Tribe" or the "Company") is pleased to announce the completion of the operational integration of Meritus Group Management Inc. ("Meritus"), acquired by the Company in December 2023.

With the integration now complete, the former Meritus business is fully operating within Tribe's national operating platform, creating greater consistency across the combined portfolio and providing a stronger foundation for continued growth in the region.

100% of the former Meritus condominium portfolio has been onboarded to Tribe's proprietary Tribe Home platform, supporting a range of services that include condominium management operations, 24-hour emergency management, financial reporting and governance tools, resident communication, corporation document libraries, board voting and a trackable resident customer ticket portal.  Meritus' email and internal business systems have also been transitioned onto Tribe's infrastructure, supporting consistent internal processes, reporting and operational controls across the Ontario condominium business.

"Completing the integration of Meritus is an important milestone for Tribe and demonstrates our ability to integrate acquired businesses into a consistent operating environment," said Joseph Nakhla, Chief Executive Officer of Tribe. "As we continue to build scale through acquisition, our ability to integrate teams, operations and technology effectively is an important part of creating long-term value from that growth."

The completion of the Meritus integration advances Tribe's broader strategy of building operating scale through the acquisition and integration of property management businesses in Canada's fragmented property management market. With the Meritus business now fully integrated into Tribe's operating platform, the Company has strengthened its condominium management capabilities and geographic reach across Central and Southwestern Ontario.

As of September 1, 2026, the business operates as Tribe Management from Tribe's North York and Cambridge, Ontario offices, with condominium management operations serving communities across the Greater Toronto Area and surrounding markets. The Ontario condominium portfolio now comprises more than 70 buildings and 5,400 units.

"Joseph Nakhla"
Chief Executive Officer
1606-1166 Alberni Street
Vancouver, British Columbia V6E 3Z3
Phone: (604) 343-2601
Email: joseph.nakhla@tribetech.com

About Tribe Property Technologies

Tribe is a property technology company that is disrupting the traditional property management industry. As a rapidly growing tech-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. Visit tribetech.com for more information.

Cautionary Statement on Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws, including statements relating to the successful integration and future performance of Meritus; anticipated efficiencies and synergies from the integration; the Company's growth plans and geographic expansion in Ontario; the Company's expectations regarding future market share growth and continued expansion in the Greater Toronto Area; anticipated service improvements for clients following the integration; the aims and goals of the Company; financial projections; future acquisitions by the Company; and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

SOURCE Tribe Property Technologies Inc.

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