Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 83

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 83
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The following is a summary of certain important
provisions of our Articles and certain related sections of the BCBCA. Please note that this is only a summary and is not intended to
be exhaustive. This summary is subject to, and is qualified in its entirety by reference to, the provisions of our Articles and the BCBCA.

Stated Objects or Purposes

The notice of articles and articles do not contain
stated objects or purposes and do not place any limitations on the business that we may carry on.

Directors

Power to vote on matters in which a director
is materially interested. Under the BCBCA, a director or senior officer of a company is liable to account to the company for any profit
that accrues to the director or senior officer under or as a result of a contract or transaction in which the director or officer holds
a disclosable interest if the contract or transaction is material to the company, the company has entered, or proposes to enter, into
the contract or transaction, and either the director or senior officer has a material interest in the contract or transaction or is a
director or senior officer of, or has a material interest in, a person who has a material interest in the contract or transaction, unless
otherwise provided for in the BCBCA. A director or senior officer does not hold a disclosable interest in a contract or transaction if
the contract or transaction: (i) is an arrangement by way of security granted by the company for money loaned to, or obligations
undertaken by, the director or senior officer, or a person in whom the director or senior officer has a material interest, for the benefit
the company or for one of our affiliates’ benefit; (ii) relates to an indemnity or insurance permitted under the BCBCA; (iii) relates
to the remuneration of the director or senior officer in his or her capacity as director, officer, employee or agent of the company or
of one of its affiliates; (iv) relates to a loan to the company and the director or senior officer, or a person in whom the director
or senior officer has a material interest, is the guarantor of some or all of the loan; or (v) is with a company that is affiliated
to the company and the director or senior officer is also a director or senior officer of that company or an affiliate of that company.

A director or senior officer who holds a disclosable
interest may also