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Wheaton Precious Metals Announces Appointment of New Director

Management Changes

FOR IMMEDIATE RELEASE TSX: WPM

FEBRUARY 26, 2018 NYSE: WPM

WHEATON PRECIOUS METALS ANNOUNCES

APPOINTMENT OF NEW DIRECTOR

Vancouver, British Columbia – Wheaton Precious Metals™ Corp. ("Wheaton" or the

"Company") is pleased to announce the appointment of Marilyn Schonberner to the Board of

Directors of the Company, effective today.

Ms. Schonberner is the Chief Financial Officer and Senior Vice President, and an Executive

Director, of Nexen Energy ULC. In that role, she is responsible for the overal l financial

management of Nexen, including accounting, audit, tax, planning, treasury and insurance.

Ms. Schonberner joined Nexen in 1997 and since that time has held various positions

including Treasurer and Vice President of Corporate Planning, Director of Business

Services UK, Director of Corporate Audit and General Manager of Human Resources

Services. Ms. Schonberner has also served as a director of New Gold Inc. since June 2017.

Prior to joining Nexen, she spent over 15 years in finance, strategic plan ning and

organization development in the energy sector and as a consultant.

"We are thrilled to welcome Marilyn to our Board," said Doug Holtby, Chairman of Wheaton

Precious Metals. "Marilyn is highly qualified and an excellent complement to our existing

Board, bringing demonstrated experience in the energy and natural resource sector. We

believe her experience combined with a strong background in finance, accounting and tax

will add considerable value and strength to our Board.”

Ms. Schonberner holds a Bachelor of Commerce from the University of Alberta and a

Master of Business Administration from the University of Calgary. In addition, she has

earned the designations of Chartered Professional Accountant, Certified Management

Accountant, and Certified In ternal Auditor . Ms. Schonberner completed the Senior

Executive Development Programme at the London Business School and is currently

enrolled in the Directors Education Program at the Institute of Corporate Directors.

For further information, please contact:

Patrick Drouin

Senior Vice President, Investor Relations

Wheaton Precious Metals Corp.

Tel: 1-844-288-9878

Email: [email protected]

Website: www.wheatonpm.com