Ms. Alexandra Sherron reports

EMPRESS APPOINTS CHIEF INVESTMENT OFFICER AND STRENGTHENS SENIOR LEADERSHIP TEAM

Empress Royalty Corp. has appointed Antony Rowe as chief investment officer (CIO), commencing Nov. 1, 2026. The appointment strengthens Empress's investment and leadership capabilities as the company continues to grow its global portfolio of precious metals royalties and streams investments.

"Empress has reached a stage where expanding our senior leadership team will help us deliver on our growth strategy," stated Alexandra Woodyer Sherron, chief executive officer and president of Empress. "I am pleased to welcome Antony to the team as our chief investment officer. As our portfolio and investment pipeline expand, Antony will support the evaluation and execution of new opportunities and the management of our existing investments. He brings extensive mining finance and investment management experience that complements our existing team as we continue to pursue our strategy of disciplined growth and long-term value per share."

Mr. Rowe's experience spans mining private credit, project finance, commodity financing and corporate lending in the sector. He helped develop Resource Capital Funds' mining credit strategy and fundraising, having previously held a senior role in metals and mining finances at Investec Bank PLC, executing deals across Europe, the Americas and Africa. He began his career in law, qualifying as a solicitor at Dentons in the project finance team.

In connection with his appointment, the company has granted Mr. Rowe 500,000 stock options. The options have an exercise price of 96 cents per share, will vest as to one-third on the date of grant, one-third one year from the date of grant and one-third two years from the date of grant, and will expire on Oct. 23, 2031. The grant is subject to the terms of the company's stock option plan and the policies of the TSX Venture Exchange.

In conjunction with the continued growth of the company and expansion of its senior management team, David Rhodes will transition from executive chairman to chairman of the board of directors. As chairman, Mr. Rhodes will remain actively engaged with strategic guidance to Empress and its board and support the company's long-term growth and investment strategy. Endeavour Financial continues as Empress's investment manager and strategic shareholder, drawing on its global network to identify and bring forward royalty and streaming opportunities.

About Empress Royalty Corp.

Empress is a global royalty and streaming company providing investors with a diversified portfolio of gold and silver investments.

We seek Safe Harbor.