Watermark not being applied on export in Lightroom Classic

[Tim25588480lyl6]

Hi all. Lately when I export my photos to my external drive the watermark isn't showing up on the exported file. I've made no changes to anything or updated the system and the watermark box is always checked. I'm baffled and frustrated. This was always a nice, simple operation so I don't know where to begin to correct it

[KR Seals]

See if the information in this thread applies to your issue.