Silver Wheaton announces election of directors and approval of special matters

TSX: SLW

NYSE: SLW

VANCOUVER, British Columbia, May 26, 2016 /PRNewswire/ -- Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW) (NYSE:SLW) announces that the nominees listed below were elected as directors of Silver Wheaton at the 2016 Annual and Special Meeting of Shareholders. Detailed results of the vote for directors of the Company held at the Annual and Special Meeting of Shareholders earlier today are shown below:

Nominee

Votes For

% For

Votes
Withheld

% Withheld

Lawrence I. Bell

230,723,744

94.40%

12,090,968

5.60%

George L. Brack

200,036,430

92.69%

15,778,282

7.31%

John A. Brough

210,892,132

97.72%

4,922,580

2.28%

R. Peter Gillin

182,011,933

84.34%

33,802,779

15.66%

Chantal Gosselin

214,659,697

99.46%

1,155,015

0.54%

Douglas M. Holtby

214,499,459

99.39%

1,315,253

0.61%

Eduardo Luna

200,521,770

92.91%

15,292,942

7.09%

Randy V.J. Smallwood

214,614,073

99.44%

1,200,639

0.56%

Prior to the 2016 Annual and Special Meeting of Shareholders, Wade Nesmith advised the Company that he would not be standing for election in order to pursue other interests. "Mr. Nesmith has provided valuable contributions and expertise since 2004, and we would all like to extend our sincere thanks and wish him continued success," said Doug Holtby, Chairman of Silver Wheaton.

In addition, the following special matter was approved by shareholders at the 2016 Annual and Special Meeting of Shareholders:

• The non-binding advisory resolution accepting the Company's approach to executive compensation was carried with 89.59% of the votes cast in favour of such resolution.

For further information: Patrick Drouin, Senior Vice President, Investor Relations, Silver Wheaton Corp., Tel: [phone], Email: [e-mail], Website: www.silverwheaton.com