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EMPR.V ·

Empress Reports Record Revenue FOR 2025 Third Quarter Financial Results

Financials

WWW.EMPRESSROYALTY.COM PAGE 1

NEWS RELEASE | DECEMBER 1, 2025 | VANCOUVER, BC

EMPRESS REPORTS RECORD REVENUE FOR 2025

THIRD QUARTER FINANCIAL RESULTS

VANCOUVER, B.C. — December 1, 2025 — Empress Royalty Corp. (TSXV: EMPR | OTCQX: EMPYF)

(“Empress Royalty” or the “Company”) announces its financial and operating results for the nine

months ended September 30, 2025, highlighting record revenue from its existing portfolio and

continued strong year-over-year growth.

“Our focus has always been on building shareholder value, and these results confirm that we are

executing on that commitment,” stated Alexandra Woodyer Sherron, CEO of Empress Royalty.

“Revenue for the nine-month period was nearly double that of 2024, supported by strong

operating cash flow. With increased production from our portfolio and solid gold and silver prices,

our performance reflects the effectiveness of our model as we contin ue advancing through

disciplined, strategic investments.”

Key Financial and Operating Highlights:

• Total Revenue: For the nine months ended September 30, 2025, Empress Royalty

recorded royalty and streaming revenue of US$10.8M, with gross profit of US$7.4M.

• Positive Cash Flow: The Company achieved positive operating cash flow of US$5.2M for

the nine month period.

• Net Income: Empress Royalty reported a net income of US$3.0M for the nine months

ended September 30, 2025, up significantly from US$0.5M in the same period of 2024.

• Adjusted EBITDA: The Company’s adjusted EBITDA for the nine month period was

US$7.1M.

• Quarterly Performance: For the three months ended September 30, 2025, the Company’s

royalty and stream revenue was US$4.2M and net income of US$1.4M.

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These results reflect continued growth from the Company’s producing royalty and streaming

investments and its focus on disciplined capital allocation aimed at long-term value creation.

The financial statements and accompanying management’s discussion and analysis have been

filed on SEDAR+ (www.sedarplus.ca) and are also available on the Company’s website at

www.empressroyalty.com.

ABOUT EMPRESS ROYALTY CORP.

Empress is a global royalty and streaming creation company providing investors with a diversified

portfolio of gold and silver investments. Empress has built a portfolio of precious metal

investments and is actively investing in mining companies with development and production

stage projects who require additional non -dilutive capital. The Company has a strategic

partnership with Endeavour Financial which allows Empress to not only access global investment

opportunities but also bring unique mining finance expertise and deal structuring. Empress is

looking forward to continuously creating value for its shareholders through the proven royalty

and streaming models.

ON BEHALF OF EMPRESS ROYALTY CORP.

Per: Alexandra Woodyer Sherron, CEO and President

For further information, please visit our website at www.empressroyalty.com, or contact us by

email at [email protected] or by phone at +1.604.331.2080.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

The information contained herein includes “forward-looking statements” and “forward looking information” as

defined under applicable Canadian securities laws (“forward-looking statements”). Forward-looking statements and

information can generally be identified by the use of terms such as “may”, “will”, “should”, “expect”, “intend”,

“estimate”, continue”, “believe”, “plans”, “anticipate” or similar terms.

Forward-looking information and statements include, but are not limited to, statements with respect to the activities,

events or developments that Empress Royalty Corp. (“Empress” or the “Company”) expects or anticipates will or may

occur in the future, including those regarding future growth and ability to create new streams or royalties, the

development and focus of the Company , its acquisition strategy, the plans and expectations of the operators of the

projects underlying its interests, including the proposed advancement and expansion of such projects; the results of

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exploration, development and production activities of the operators of such projects; and the Company’s expectations

regarding future revenues.

Forward-looking information and statements are based on the then current expectations, beliefs, assumptions,

estimates and forecasts about Empress’s business and the industry and markets in which it operates. Forward-

looking information and statements are made based upon numerous assumptions and although the assumptions

made by the Company in providing forward-looking information and statements are considered reasonable by

management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-

looking information and statements also involve known and unknown risks and uncertainties and other factors, which

may cause actual results, performances and achievements of Empress to differ materially from any projections of

results, performances and achievements of Empress including, without limitation, any inability of the operators of

the properties underlying the Company’s royalty and stream interests to execute proposed plans for such properties

or to achieve planned development and production estimates and goals, risks related to the operators of the projects

in which the Company holds interests, including the successful continuation of operations at such projects by those

operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on

any such projects, risks related to international operations, government relations and environmental regulation,

uncertainty relating to the availability and costs of financing needed in the future and the Company’s ability to carry

out its growth plans as well as the impact of the COVID-19 pandemic and other related risks and uncertainties. For

a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to

the annual information form of Empress for the year ended December 31, 2024 and its other publicly filed documents

under it profile a www.sedarplus.ca. Although the Company has attempted to identify important factors that could

cause actual results to differ materially from those contained in the forward-looking information and statements,

there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no

assurance that forward-looking information and statements will prove to be accurate, as actual results and future

events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place

undue reliance on forward-looking information and statements. The Company undertakes no obligation to update

or reissue forward-looking information as a result of new information or events except as required by applicable

securities laws. Disclosure relating to properties in which Empress holds royalty or stream interests is based on

information publicly disclosed by the owners or operators of such properties. The Company generally has limited or

no access to the properties underlying its interests and is largely dependent on the disclosure of the operators of its

interests and other publicly available information. The Company generally has limited or no ability to verify such

information. Although the Company does not have any knowledge that such information may not be accurate, there

can be no assurance that such third-party information is complete or accurate. In addition, certain information

publicly reported by operators may relate to a larger property than the area covered by the Company’s interest, which

often may only apply to a portion of the overall project area or applicable mineral resources or reserves.