Wheaton Precious Metals Corp. announced the retirement of Mr. Eduardo Luna as part of the Company's board renewal program and the retirement of Mr. John Brough due to personal health reasons. Both directors intend to retire upon the completion of their terms at the upcoming 2023 annual general and special meeting of shareholders scheduled for May 12, 2023.

Mr. Luna has served on the company's Board of Directors since 2004 and was Chair of the Company from October 2004 to May 2009. Mr. Luna was also Interim Chief Executive Officer of the Company from October 2004 to April 2006. Mr. Brough has also served on the company's Board of Directors since 2004, during which time he served as Chair of the Company's Audit Committee as well as serving on other board committees.

Ms. Jeane Hull has been put forward by the Company as a nominee for director in place of Mr. Luna at the Meeting. Given the sudden nature of Mr. Broughs' departure, the Company does not intend to put forward another nominee for director at the Meeting to fill his vacancy at this time.