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The Evolution of Tribe: Shareholders Gather for 2024 Annual Meeting and Welcome New Director

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VANCOUVER, BC, Sept. 17, 2024 /CNW/ – Tribe Property Technologies Inc. TRBE TRPTF (“Tribe” or the “Company“), a trailblazer in technology-enhanced property management solutions, unveils the aftermath of the voting that transpired during its September 17, 2024, annual general & special congregation (the “Meeting“) of shareholders.

Tribe Property Technologies Logo (CNW Group/Tribe Property Technologies Inc.)

Welcoming New Leadership

Alex Yanitsky, a fresh face in the realm of directorship, joins the distinguished cadre of incumbents Joseph Nakhla, Raymond Choy, Charmaine Crooks, Andrew Kiguel, Michael Willis, and Sanjiv Samant. Yanitsky’s appointment comes in the wake of his tenure as General Partner at PROPELR Growth and an illustrious career spanning growth equity, private equity, and corporate finance across Canadian and European terrains.

This strategic integration of Yanitsky into Tribe’s Board of Directors heralds a new chapter in the Company’s growth trajectory, imbuing it with diverse expertise and a global perspective.

Steadfast Financial Oversight

Dale Matheson Carr-Hilton LaBonte LLP secures the mandate as Tribe’s auditor for the forthcoming year, exemplifying the Company’s commitment to rigorous financial stewardship and transparency. Shareholders have entrusted the Board with the prerogative to determine remuneration for the audit services.

Strategic Planning for Growth

In a sweeping mandate, shareholders ratified the Company’s Amended Stock Option Plan, fortifying Tribe’s financial framework for sustainable expansion. The revised plan, transitioning from a “rolling” to a “fixed” option structure, empowers Tribe to issue a set number of stock options that allow the acquisition of common shares, aligning with a proactive approach to capital optimization.

By instating a “fixed” option plan, Tribe orchestrates a strategic balance between incentivizing stakeholders and safeguarding shareholder value, ensuring a prudent allocation of equity resources.

Navigating the Competitive Landscape

Tribe’s disruptive edge in the property management sphere stems from an innovative service-technology model that caters to a diverse spectrum of stakeholders. Through targeted acquisitions and digital transformation initiatives, Tribe envisions a future where operational efficiencies and enhanced customer experiences converge to redefine industry standards.

Tribe’s commitment to technological evolution and strategic growth initiatives underscores its resilience in a dynamic market environment, positioning the Company as a vanguard in pioneering property management solutions.

A Visionary Imperative

Tribe’s dedication to innovation and strategic foresight underpins its mission to revolutionize property management paradigms. As the Company forges ahead with its growth agenda, stakeholders can anticipate a future brimming with transformative opportunities and sustainable value creation in the property management landscape.

For further insights into Tribe’s progressive initiatives and strategic roadmap, visit tribetech.com for a comprehensive overview.

ON BEHALF OF THE BOARD

“Joseph Nakhla”
Chief Executive Officer

Tribe Property Technologies Inc.

“Joseph Nakhla”
Chief Executive Officer
1606-1166 Alberni Street

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