Tenet Closes Upsized Non-Brokered Private Placement to Advance Commercialization of North American Product Offering

Tenet Fintech Group Inc. ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Hub, today announces that it has closed its previously announced non-brokered private placement (the "Private Placement"), as described in its news release dated July 13, 2026. Pursuant to the Private Placement, the Company issued an aggregate of 30,000,000 common shares (the "Shares") of the Company at a price of $0.05 per Share for aggregate gross proceeds of $1.5M. The Private Placement was originally announced on July 13, 2026, for gross proceeds of up to $1.2M but was subsequently upsized to $1.5M to provide the Company with a little more financial cushion as it looks to bring its data derived products to market in North America. The Company intends to use the net proceeds of the Private Placement primarily to finalize the relaunch of the Company's Cubeler Business Hub by making it available to SMEs in both the U.S. and Canada simultaneous with the integration of Chinese SMEs to follow shortly thereafter. The Company actively began the recruitment of Chinese import/export companies in early July to help provide immediate international business opportunities to North American SMEs at the relaunch of the Business Hub. The Shares were issued pursuant to available prospectus exemptions under applicable Canadian securities laws and are subject to a statutory hold period of four months and one day from the closing date of the Private Placement in accordance with applicable securities laws. Certain qualified individuals and registered investment dealers ("Finders"), who assisted the Company with respect to the Private Placement, received from the Company, in compliance with securities laws, a cash finder's fee equal to 5% of the gross proceeds they helped raise. No insiders of the Company participated in the Private Placement.