Concerned Shareholders of Tenet Fintech Group Inc. Issue Information Circular and Nominate Directors for Company’s Upcoming Annual Meeting of Shareholders

TORONTO, ON / ACCESSWIRE / June 5, 2023 / A group of five longstanding shareholders of Tenet Fintech Group Inc. (CSX:PKK) ("Tenet" or the "Company") who currently own approximately 8% of the Company's shares (the"Concerned Shareholders") are leading an initiative to replace certain members of Tenet's Board, who they hold responsible for the recent chaotic events that have taken place at Tenet and have eroded the Company's value. The Concerned Shareholders are nominating three highly qualified individuals at the annual general meeting of shareholders (the "Meeting") to be held on June 27, 2023 at 10:00 am (EDT) to help Tenet reach the potential that attracted and convinced most shareholders to invest in the Company.

The three nominees that the Concerned Shareholders are putting forward are Johnson Joseph, Liang (Golden) Qiu and Mayco Quiroz. Mr. Joseph and Mr. Qiu are familiar to shareholders as the founders of Tenet and the main drivers behind the Company's vision while Mr. Quiroz has extensive private and public company experience, including in the Fintech industry.

For more information about the Meeting, the Concerned Shareholders' nominees and to download the Concerned Shareholders' information circular and proxy materials, please go to www.tenetagm2023.com.

The Concerned Shareholders' information circular is also available at www.sedar.com under Tenet's profile.

THE CONCERNED SHAREHOLDERS ARE ASKING SHAREHOLDERS TO VOTE FOR THE CONCERNED SHAREHOLDERS NOMINEES.

To ensure that the Company's best days are ahead, the Concerned Shareholders recommend that fellow shareholders vote using only the BLUE form of proxy FOR the three Concerned Shareholder nominees, and not to return or vote any proxy or voting instruction form sent to them by Tenet. The Concerned Shareholders believe their nominees will provide industry-specific expertise, capital market and business execution experience all while being vigilant on expenses and the capital share structure of the Company.

If you do not receive the Concerned Shareholders' Circular or if you have any questions related to the Meeting, the Concerned Shareholders or the Concerned Shareholders' nominees, please send an email with your phone number to [e-mail].

INFORMATION IN SUPPORT OF PUBLIC BROADCAST SOLICITATION

The Concerned Shareholders are relying on the exemption under section 9.2(4) of National Instrument 51-102 - Continuous Disclosure Obligations and section 150(1.2) of the Canada Business Corporations Act to make this public broadcast solicitation. The following information is provided in accordance with securities and corporate laws applicable to public broadcast solicitations.