Wheaton Precious Metals Mourns Loss of Founding Board Member Peter Gillin

The unexpected passing of Peter Gillin, a founding board member of Wheaton Precious Metals, represents a significant loss for the organization as he played a pivotal role in the company's development over more than two decades. Gillin's extensive service included leadership positions on critical board committees that significantly influenced the company's strategic direction and governance framework. His planned retirement had been previously announced ahead of the 2025 Annual General Meeting, making his sudden death particularly impactful for the company's leadership structure and strategic continuity.

Throughout his tenure, Gillin served as Chair of the Compensation Committee and was an active member of both the Governance and Sustainability and Audit Committees. This multi-faceted involvement allowed him to shape critical aspects of corporate governance, executive compensation strategies, and sustainability initiatives. His leadership was instrumental in establishing Wheaton Precious Metals as a significant player in the precious metals industry, helping to build a company known for delivering high cash operating margins and maintaining a competitive dividend strategy that has attracted substantial investor interest.

In recognition of Gillin's substantial contributions to the company's development and success, Wheaton Precious Metals will honor his memory by increasing its charitable contribution to the Heart and Stroke Foundation of Canada. This gesture reflects Gillin's demonstrated commitment to corporate social responsibility and community engagement throughout his career. The enhanced donation serves as a meaningful tribute to his legacy and the values he championed during his extensive service to the organization and broader community.

As a premier precious metals streaming company, Wheaton Precious Metals has distinguished itself through a business model that offers investors strategic advantages under the leadership Gillin helped provide. The company's approach provides leverage to commodity prices and exploration potential with lower risk compared to traditional mining enterprises, a strategic direction that Gillin helped shape through his committee leadership and board oversight. His contributions to developing this innovative business model have positioned Wheaton Precious Metals as a leader in the precious metals streaming sector, creating lasting value for shareholders and establishing industry benchmarks for financial performance and operational excellence.