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EMPR.V ·

Empress Royalty Provides Board Update

Management Changes

WWW.EMPRESSROYALTY.COM PAGE 1

NEWS RELEASE | DECEMBE R 3, 202 5 | VANC OUVER , BC

EMPRESS ROYALTY PROVIDES BOARD UPDATE

VANCOUVER, B.C. — December 3, 2025 — Empress Royalty Corp. (TSXV: EMPR | OTCQX: EMPYF)

(“Empress” or the “ Company”) announces that Mr. Jeremy Bond has resigned as a director to

focus on other professional commitments. A co-founder of Empress, Mr. Bond supported the

Company’s early development as it advanced from concept to achieving key milestones, including

reaching net income.

David Rhodes, Executive Chairman, stated, “ We thank Jeremy for his contributions since co -

founding Empress. His early involvement helped establish the foundation on which the Company

continues to build. As Empress advances its strategy and grows its portfolio, Jeremy has chosen

to devote more time to other priorities. We appreciate his ongoing support and wish him well.”

Jeremy Bond commented, “It has been rewarding to help establish Empress and see it grow into

a profitable and expanding business. With the Company well positioned for its next phase, this is

the right time for me to step back from the Board and focus on other commitments. I remain a

supportive shareholder and look forward to following its continued progress.”

Alexandra Woodyer Sherron, CEO of Empress, added: “I want to thank Jeremy for his

contributions during the early years of Empress. With the Company progressing steadily and our

strategy firmly in place, we are now looking at thoughtful additions to the Board that reflect the

natural evolution of a growing business. Empress remains well positioned, and we look forward

to continuing to build on the foundation he helped establish as we advance into our next phase.”

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.

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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, in cluding 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 p roposed advancement and expansion of such projects; the results of

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 n o assurance that such assumptions will prove t o 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,

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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 ve rify 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.