The club captain penned a new deal last week.
Pearson told the club's website: "Wes has been every bit the captain we hoped he would be when we signed him two and a half years ago. He's a leader on and off the pitch, sets a terrific example for young players and is an extremely positive influence on the squad.
"He is one of number of players that has worked incredibly hard to reach the Premier League, both during his time at Leicester City and throughout his career, and he fully deserves the opportunity to test himself at that level.
"I'm absolutely delighted that his long-term future remains with us."
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