The Queen returns with gift to exhibit (9)
I believe the answer is:
represent
'exhibit' is the definition.
(thesaurus)
'the queen returns with gift' is the wordplay.
'the queen' becomes 'er' (Elizabeth Regina).
'returns' says the letters should be written in reverse.
'with' is a charade indicator (letters next to each other).
'gift' becomes 'present' (present is a kind of gift).
'er' written backwards gives 're'.
're'+'present'='REPRESENT'
'to' is the link.
(Other definitions for represent that I've seen before include "Ambassadors do it" , "declare" , "Mean" , "Serve as a symbol for" , "Explain" .)