Steven G. Chambers Joins the Boards of Directors of Adams Diversified Equity Fund and Adams Natural Resources Fund

Core Insights - The Boards of Directors of Adams Diversified Equity Fund and Adams Natural Resources Fund have elected Steven G. Chambers as an independent director, effective February 12, 2026 [1] Company Overview - Adams Funds consists of two closed-end funds: Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO) [4] - The Funds have been operational since 1929 and have a long history of helping investors achieve their investment goals [4] - Adams Funds has paid dividends for over 90 years across various market cycles and is committed to a minimum annual distribution rate of 8% of NAV, paid quarterly [4] Leadership and Governance - Dr. Chambers has over 25 years of experience in the educational technology sector and has held leadership roles in both start-ups and large tech companies [2] - He is recognized for developing the first social robot for home use, which was named Time Magazine's Innovation of the Year in 2017 [2] - Dr. Chambers currently serves on the boards of several technology companies and brings valuable experience in corporate governance to the Adams Funds Board [2][3] Future Outlook - The CEO of the Funds, James P. Haynie, expressed confidence in Dr. Chambers' ability to contribute positively to the Board and the Funds' continued growth as they approach their centennial anniversary [3]