Wheaton Precious Metals Corp. announced that Mr. Doug Holtby intends to retire as both Chair and Non-Executive Director of the Board upon the completion of his term at the upcoming 2022 annual general and special meeting of shareholders scheduled for May 13, 2022 (the "AGM"). Mr. Holtby has been a director since 2006 and the Chair of Wheaton since 2009.

The board intends to appoint Mr. George Brack as the Non-Executive Chair of the Board to be effective on the retirement of Mr. Holtby. Mr. Brack has been a director of Wheaton since 2009, and most recently served as the Chair of the Governance and Sustainability Committee. A new director has been proposed for election to the Board every other year since 2016, reflective of the Board's commitment to Board renewal.

Consistent with this approach, Ms. Jaimie Donovan is being proposed for election to the Board at the AGM. Ms. Donovan has over 20 years of mining industry experience, spanning roles in operations, technical services, capital allocation and corporate development.