Ms. Alexandra Woodyer Sherron reports

EMPRESS AMENDS 2025 SECOND QUARTER MD&A

Empress Royalty Corp. has refiled its management's discussion and analysis for the six months ended June 30, 2025, which was filed on SEDAR+ on Aug. 11, 2025, to correct a typographical error on page 6 under the description of Manica, which erroneously reported total royalty payments to Empress of $45,210,248 (U.S.), which should have read total royalty payments to Empress of $5,210,248 (U.S.).

There were no changes made to the condensed interim consolidated financial statements.

The company's corrected MD&A for the six months ended June 30, 2025, has been filed on SEDAR+ and is available under the company's profile at SEDAR+, and is also available on the company's website.

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 which require additional non-dilutive capital. The company has strategic partnerships with Endeavour Financial and Terra Capital, which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models.

We seek Safe Harbor.