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 it mourns a leader who helped shape the company's development over more than two decades. Gillin's extensive service included leadership positions on critical board committees that substantially 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 organization and its leadership team.

Throughout his tenure with Wheaton Precious Metals, Gillin served as Chair of the Compensation Committee while also maintaining active membership on both the Governance and Sustainability Committee and the Audit Committee. This multi-faceted involvement allowed him to contribute significantly to various aspects of the company's operations and strategic planning. His committee work spanned critical areas including executive compensation structures, corporate governance standards, sustainability initiatives, and financial oversight, demonstrating his comprehensive understanding of the precious metals streaming business model.

In recognition of Gillin's substantial contributions to the company's growth and development, Wheaton Precious Metals will honor his memory by increasing its charitable contribution to the Heart and Stroke Foundation of Canada. This gesture reflects both Gillin's personal commitment to corporate social responsibility and the company's dedication to community engagement initiatives that align with its corporate values. The enhanced donation serves as a meaningful tribute to a leader who consistently emphasized the importance of social responsibility within the corporate framework.

As a premier precious metals streaming company, Wheaton Precious Metals has distinguished itself through a business model that offers investors strategic advantages including leverage to commodity prices and exploration potential with lower risk compared to traditional mining enterprises. Gillin's legacy includes helping to build a company known for delivering high cash operating margins and maintaining a competitive dividend strategy. His leadership was instrumental in establishing Wheaton Precious Metals as a significant player in the precious metals industry, contributing to its reputation for financial stability and strategic growth within the competitive natural resources sector.

The loss of Gillin's institutional knowledge and strategic insight comes at a time when the precious metals market continues to evolve, requiring experienced leadership to navigate complex market conditions and investment opportunities. His contributions to the company's governance structure and strategic planning processes will continue to influence Wheaton Precious Metals' operations as the organization moves forward without one of its foundational leaders. The company's commitment to honoring his legacy through charitable giving underscores the lasting impact of his leadership on both corporate strategy and community engagement initiatives.