Wheaton Precious Metals (WPM) Corporate presentation summary

Strategic vision and business model

• Aims to be the world's premier precious metals investment vehicle, delivering value through streaming to all stakeholders including shareholders, mining partners, and local communities.

• Streaming model provides low-risk, long-term, diversified exposure and growth optionality, with 83% of production from high-margin, low-cost mines.

• Contractually defined costs per ounce protect against inflation, and progressive dividend policy supports shareholder returns.

Portfolio quality and growth

• Portfolio includes 18 operating mines and 28 development projects, with cornerstone assets in Brazil, Peru, Mexico, Canada, and South Africa.

• 99% of forecasted 2025 revenue is from precious metals, with a 27-year proven and probable reserve mine life.

• Anticipates ~40% organic production growth by 2029, reaching 870,000 gold equivalent ounces (GEOs), and averaging 950,000 GEOs annually from 2030-2034.

Financial strength and shareholder returns

• Maintains a strong balance sheet with $1.1B in cash and $2.5B in available credit as of March 31, 2025.

• Progressive dividend policy, with a 6.5% increase in 2025 and $2.4B declared in dividends since inception; returned 25% of 2024 cashflow to shareholders.

• Cash flow sensitivity shows a 50% increase in commodity prices could boost cash flows by over 58%.