Dividend Reinvestment Plan

All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP and consult with their advisors as to the implications of enrollment in the DRIP.

Participation in the DRIP is optional. Participants in the DRIP may obtain additional Common Shares of the Company by automatically reinvesting all or any portion of the cash dividends paid on Common Shares held by the Plan participant without paying any brokerage commissions, administrative costs or other service charges. In respect of Treasury Acquisitions under the Plan, the Company can issue the common shares at a discount of up to 1% of the Average Market Price, as defined in the DRIP. The Company may, from time to time, in its discretion, change or eliminate the discount applicable to Treasury Acquisitions or direct that such common shares be purchased in Market Acquisitions at the prevailing market price, any of which would be publicly announced. For more information, shareholders interested in enrolling in the DRIP should refer to the materials noted below, or contact the Plan Agent, AST Trust Company (Canada) ("AST"), at the link noted below.

Registered Shareholders

Registered shareholders hold Wheaton Precious Metals Common Shares in their own name. Registered shareholders can enroll in the DRIP by completing the enrollment form (see link below). Registered shareholders may also enroll in the DRIP online through the plan agent’s self-service web portal at: https://tsxtrust.com/DRIP.

Beneficial Shareholders

Beneficial shareholders do not hold Wheaton Precious Metals Common Shares in their own name but instead hold their Common Shares through a nominee such as a financial institution, broker or other nominee who holds the Common Shares for the beneficial shareholder. Beneficial shareholders should contact their financial intermediary to arrange enrollment. All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP and consult with their advisors as to the implications of enrollment in the DRIP.

United States Shareholders

U.S. shareholders should refer to Wheaton Precious Metals' Form F-3 filed on March 20, 2014 with the US Securities and Exchange Commission, which may be obtained under Wheaton Precious Metals' profile at http://www.sec.gov.

Plan Agent

TSX Trust will administer the DRIP. To access TSX Trust's self-service web portal, see link below.

DRIP Documents

DRIP Plan: Click here
DRIP Enrollment Form: Click here         
TSX Trust DRIP web portal: Click here

DRIP Electronic Payment Form: Click here

Dividends

The quarterly dividend per common share will be equal to 30% of the average cash generated by operating activities in the previous four quarters divided by the Company's outstanding common shares at the time the dividend is approved, all rounded to the nearest cent.

Dividend History

The declaration and payment of dividends remains at the discretion of the Board and will depend on the company’s cash requirements, future prospects and other factors deemed relevant by the Board of Directors.

Pursuant to Canadian tax legislation, Canadian resident individuals who receive ‘eligible dividends’ will be entitled to an enhanced gross-up and dividend tax credit on such dividends. The company has designated that all dividends paid are ‘eligible dividends’ for these purposes.