Fintech Select Ltd. announced that it has entered into a loan agreement with Mohammad Abuleil, the Chief Executive Officer of the company for the issuance of secured promissory note dated November 30, 2022 for a principal sum of CAD 369,662 on December 9, 2022. The Promissory Note matures on the date that is one year from the date of the promissory note and will not accrue interest for a total of 6 months from the date of the promissory note and, thereafter, will accrue interest at a rate equal to the prime commercial rate of interest charged by the Toronto Dominion Bank. Under the promissory note, the Company will grant a registrable general security to Abuleil with respect to the principal amount plus interest applicable and on terms deemed customary and appropriate by the independent members of the board of directors of the Company at the advice of counsel.