Wheaton Precious Metals Joins United Nations Global Compact

FOR IMMEDIATE RELEASE TSX: WPM

SEPTEMBER 16, 2019 NYSE: WPM

WHEATON PRECIOUS METALS JOINS

UNITED NATIONS GLOBAL COMPACT

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

“Company”) is pleased to announce that it has joined the United Nations (“UN”) Global

Compact. Launched in 2000, the UN Global Compact is the largest corporate sustainability

initiative in the world, with more than 9,5 00 companies and 3,000 non -business signatories

based in over 160 countries.

As a participant, Wheaton has committed to voluntarily aligning its operations and strategy

with the ten universally accepted principles in the areas of hum an rights, labour,

environment and anti -corruption, and to take actions that support broader U N goals ,

including the Sustainable Development Goals. Since 2014, the Company’s partner

corporate social responsibility program (“partner CSR program”) has supported social and

environmental initiatives in the communities close to Wheaton’s partners’ mining operations.

Through the partner CSR program, Wheaton endeavors to continue to work collaboratively

with our p artner mine operators to support initiatives that advance the UN ’s Sustainable

Development Goals.

“Joining the UN Global Compact further demonstrates ou r commitment to corpo rate

sustainability, an important component in creating value through streaming for all

stakeholders," said Randy Smallwood, President and Chief Executive Officer of Wheaton

Precious Metals. “We strongly believe in promoting responsible mining practices an d

supporting long-term sustainable benefits in the communities where we and our partners

live and operate. Wheaton’s asset portfolio is based primarily on low -cost, long-life mines,

so for us, sustainability is critical to the success of our business model. The UN Global

Compact provides us with a principle-based framework that aligns well with the Company’s

values around c orporate responsibility. We are proud to join this community of likeminded

organizations and to lead the way for our peers as well.”

The UN G lobal Compac t provides members with a principle -based f ramework, best

practices, resource s and networking events with a goal to strengthen corporate

sustainability practices for the betterment of society.

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