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VANCOUVER, BC, Nov. 14, 2022 /CNW/ - Diversified Royalty Corp. (TSX: DIV); (TSX: DIV.DB) and (TSX: DIV.DB.A) (the "Corporation" or "DIV") is pleased to announce that it has entered into an agreement with SBS Franchising, LLC ("Stratus") of North Hollywood, California to add its seventh royalty stream to DIV's portfolio and DIV's first royalty stream based primarily in the United States. Stratus is a franchisor that offers master franchises for commercial cleaning services and building maintenance services in the United States and Canada under the "Stratus Building Solutions" system and trademarks, and also manages and operates certain master franchises through its affiliates in the United States. All dollar amounts in this news release, unless specifically denominated in U.S. dollars, are represented in Canadian dollars.