Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 155

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 155
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 the meeting. If a quorum is not present within one half hour from the time set for the opening of
any meeting of shareholders, the meeting stands adjourned to the same day in the next week at the same time and place, unless the meeting
was requisitioned by shareholders, in which case the meeting is dissolved.

Holders of Common Shares are entitled to attend
and vote at meetings of our shareholders except meetings at which only holders another class of shares are entitled to vote. Except as
otherwise provided with respect to any particular series of preferred shares or Special Shares, and except as otherwise required by law,
the holders of our preferred shares and/or Special Shares are not entitled to vote at any meetings of our shareholders. Our directors
and officers, our auditor and any other persons invited by our directors or the chair of the meeting are entitled to attend any meeting
of our shareholders but will not be counted in the quorum or be entitled to vote at the meeting unless he or she is a shareholder or proxyholder
entitled to vote at the meeting.

Shareholder Proposals and Advance Notice Procedures

Under the BCBCA, qualified shareholders holding
at least either (i) 1% of the Common Shares or (ii) Common Shares with a fair market value in excess of CAD$2,000 may make proposals
for matters to be considered at the annual general meeting of shareholders. Such proposals must be sent to us in advance of any proposed
meeting by delivering a timely written notice in proper form to our registered office in accordance with the requirements of the BCBCA.
The notice must include information on the business the shareholder intends to bring before the meeting. To be a qualified shareholder,
a shareholder must currently be and have been a registered or beneficial owner of at least one Common Share for at least two years before
the date of signing the proposal.

Certain advance notice provisions with respect
to the election of our directors are included in the notice of articles and articles, referred to herein as the Advance Notice Provisions.
The Advance Notice Provisions are intended to: (i) facilitate orderly and efficient annual general meetings or, where the need arises,
special meetings; (ii) ensure that all shareholders receive adequate notice of board nominations and sufficient information with
respect to all nominees; and (iii) allow shareholders to register an informed vote. Only persons who are nominated in accordance
with the Advance Notice Provisions will be eligible for election as directors at any annual meeting of shareholders, or at any special
meeting of shareholders if