Tenet Welcomes First Elite Times CPA SME Clients to Business Hub

Toronto, Ontario–(Newsfile Corp. – December 13, 2024) – Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) (“Tenet” or the “Company”), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it began welcoming the first small and medium sized enterprise (SME) clients of its bookkeeping service provider partner Elite Times CPA Inc. (“Times CPA”) to the Business Hub platform.

Tenet recently granted Times CPA a master licence of Dext Software Ltd.’s bookkeeping automation platform (the “Software”), allowing Times CPA to not only use the Software, but to also offer the Software’s many benefits to its SME clients as part of an offering that includes membership to the Cubeler® Business Hub. Times CPA has been actively promoting the benefits of the Software and the Business Hub to its SME clients with the objective of getting most of those SME clients registered on the Business Hub and using the Software by the end of 2024. Tenet expects the addition of the majority of Times CPA’s SME clients to the Business Hub to contribute to the SME data pool available on the platform to allow for the commercialization of the Company’s first ie-Pulse macroeconomic indicator indexes.

About Elite Times CPA Inc.:

Elite Times CPA Inc. is a Canadian accounting firm with offices in Montreal, Ottawa, Toronto and Vancouver, proving various accounting, bookkeeping, tax preparation and consulting services to a diverse clientele of businesses operating primarily in Quebec, Ontario and British Columbia. Elite Times CPA Inc.’s clients include retailers, manufacturers, daycares, restaurants, import and exporters, IT service providers and more. For more information, please go to: https://timesaccounting.ca.

About Tenet Fintech Group Inc.:

Tenet Fintech Group Inc. 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 transactions among its members. Please visit our website at: https://www.tenetfintech.com/.

Forward-looking information

Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company’s business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management’s Discussion and Analysis (MD&A) in Tenet’s annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet’s profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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