Duke Royalty announced that Maree Wilms will be joining the Board of Duke as a Non-Executive Director. On completion of the necessary compliance and regulatory approvals currently being undertaken by the Company's Nominated Advisor, Maree is expected to formally join the Board later this month and a further announcement will be made once the appointment is finalised. Maree, a resident of Guernsey, brings extensive corporate governance, fund management & structuring experience to the Group.

She is co-founder and CEO of Zeta Asset Management ICC Limited ("Zeta"), a Guernsey domiciled entity specialising in the creation of regulated asset management companies in Guernsey and fund structures across offshore jurisdictions. In addition to her role at Zeta, Maree is COO of South Africa Alpha Capital Management Limited, a fund advisory and structuring platform which has launched and advised more than 60 funds. Maree commenced her career at Adelphi Capital Limited, where she worked as a Hedge Fund Analyst for nine years.

The Company also announces that Mark LeTissier is stepping down as Non-Executive Director. As European Regional Managing Director of Trident Trust, Duke's administrator, this will allow a greater level of independence on the Board. Mark steps down effective upon Maree's formal appointment to the Board.