Wheaton Precious Metals Mourns the Loss of Founding Director Peter Gillin, Celebrating His Legacy

Remembering Peter Gillin: A Pillar of Wheaton Precious Metals

Wheaton Precious Metals Corp, a leader in the precious metals streaming industry, finds itself enveloped in sorrow following the passing of Peter Gillin, an esteemed founding board member. Peter, who succumbed to health challenges on May 2, 2025, leaves behind a remarkable legacy after more than four decades of influence in the mining and financial sectors.

Peter Gillin was more than just a director; he was a cornerstone upon which Wheaton was built. His journey with the company spanned over twenty years, during which he held various key positions, including former Chair of the Compensation Committee. His leadership extended into the Governance and Sustainability as well as the Audit Committees, where his invaluable expertise contributed to directing Wheaton's strategic trajectory and overall success.

Randy Smallwood, President and CEO of Wheaton Precious Metals, expressed his heartfelt condolences, stating, “As our longest-serving Director, Peter’s unwavering integrity, strategic insight, and dedication were instrumental in building Wheaton into the company it is today.” Smallwood described Gillin as a respected leader and a cherished colleague and friend. The acknowledgment of Gillin’s character resonates through the sentiments of other board members and the entire Wheaton family.

George Brack, the Chair of the Board, also shared in the mourning, emphasizing, “Peter will be remembered not only for his outstanding professional contributions, but also for his wisdom, humor, and generous spirit.” The outpouring of respect and admiration for Gillin's tenure at Wheaton serves as a testament to the profound impact he had on those around him.

In honor of Gillin’s enduring influence, Wheaton Precious Metals has pledged to make a significant donation to the Heart and Stroke Foundation of Canada. This contribution is aimed at supporting the foundation's ongoing efforts in research, prevention, and care, reflecting Gillin's commitment to improving health and wellness in the community.

Wheaton Precious Metals operates with a unique business model that affords investors leverage to commodity prices while maintaining a lower risk profile compared to traditional mining companies. Known for managing a high-quality portfolio of long-life, low-cost assets, the company prides itself on its ability to deliver robust cash operating margins while simultaneously offering competitive dividends and pursuing growth through strategic acquisitions.

As Wheaton navigates through this period of loss, the vision and direction of the company remain resolute, thanks, in large part, to the foundational work laid by Peter Gillin. His profound insights and strategic decisions have undoubtedly left an indelible mark on the organization and the industry. While they mourn his loss, Wheaton Precious Metals also celebrates his life and contributions, carrying forward his legacy of leadership and service.

The company encourages all those who knew Mr. Gillin to reflect on fond memories and let his influence inspire continued excellence within the mining community. In a time of sorrow, Wheaton stands united in shared memories and values instilled by one of its most valued leaders. Peter Gillin may be gone, but his spirit will forever remain a vital part of Wheaton Precious Metals’ journey ahead.