Tiny Ltd. — Regulatory Filings 2021

Dec 7, 2021

FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1. Name and Address of Company

WeCommerce Holdings Ltd. (the "Company") #101 - 524 Yates Street Victoria, BC V8W 1K8

Item 2. Date of Material Change

December 2, 2021.

Item 3. News Release

A news release was disseminated through Business Wire by the Company on December 2, 2021 and was subsequently filed on SEDAR.

Item 4. Summary of Material Change

On December 2, 2021, Alex Persson was promoted to Chief Executive Officer of the Company and Chris Sparling was appointed as Chairman of the board of directors of the Company, replacing Andrew Wilkinson as Chairman, who will remain as a director.

Additionally, under the Company's Omnibus Incentive Plan, the Company granted 190,000 performance share units ("PSUs") to Mr. Persson in connection with his appointment as Chief Executive Officer, and 8,423 restricted share units ("RSUs"). Each RSU and each PSU, as applicable, represents the right to receive one Class A common share of the Company, or a cash payment equal in value to the market price of a share on the settlement date of the RSU or PSU, as applicable, all in accordance with the Company's Omnibus Incentive Plan.

The Company also modified the vesting schedule of the Mr. Persson's existing stock options to provide that, commencing on March 10, 2022, the balance of the unvested stock options will vest in equal installments on a quarterly basis over four years.

Item 5. Full Description of Material Change

5.1 Full Description of Material Change

A full description of the material change is outlined under Item 4.

5.2 Disclosure for Restructuring Transactions

Not applicable.

Item 6. Reliance on Subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7. Omitted Information

None.

Item 8. Executive Officer

David Charron Chief Financial Officer (416) 418-3881

Item 9. Date of Report

December 7, 2021.