Tenet Fintech Group Inc. would like to announce that Ms. Carol Penhale was named Chair of the Company's board of directors in December 2022. Ms. Penhale first joined the Company's board of directors in August 2022 as Chair of its Governance Committee, a role she will continue to occupy in addition to her new role as Chair of the board. Tenet is also pleased to announce the appointment of Mr. Paul Gibbons to its board of directors.

Mr. Gibbons is a former Deloitte partner with more than 35 years of experience serving public and regulated entities, including the likes of the Canada Pension Plan Investment Board, RBC Global Asset Management, and Mackenzie Financial Corporation. He created and established the Deloitte Canada Performance Measurement practice in 1995 and was the Business Leader of the Deloitte Financial Services practice in Toronto, from 2008 to 2014. Mr. Gibbons' expertise in financial and internal controls, regulatory compliance, and investment oversight will greatly complement the Company's existing board of directors.

As of April 1, 2023, Mr. Gibbons will take over from Mr. Dylan Tinker as Chair of Tenet's Audit Committee, a role occupied by Mr. Tinker since August 2022. Mr. Tinker remains on Tenet's board of directors where he will continue to chair the Company's Compensation Committee. Finally, Ms. Wendy Kennish, who joined the Company's senior management team in September 2022 as its General Counsel and Corporate Secretary, has been subsequently promoted to Chief Legal Officer and Corporate Secretary.

Ms. Kennish has over 20 years of private and public company experience, and has worked with boards of directors and advised extensively on public disclosure and corporate governance. Prior to joining Tenet, in addition to her public and private company experience, Ms. Kennish spent two years as Senior Legal Counsel in the Corporate Finance department of the OSC where she monitored and ensured compliance with Ontario securities legislation by public companies.