Company: TMCWW
Filing Date: 2025-04-08
Form Type: PRE 14A
Source: 0001104659-25-032724
Chunk: 15

Company: TMC the metals Co Inc.
Filing Date: 2025-04-08
Form: PRE 14A
Chunk 15
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 | ​ | ​                                        | ​ | *     | ​ | ​ |
| All Current Directors and Executive Officers of the Company as a Group (11 Individuals)﻿(13) | ​ | ​ | ​                        | ​ | 103,379,029 | ​ | ​ | ​ | ​                                        | ​ | 28.5% | ​ | ​ |
| Five Percent Holders:                                                                        | ​ | ​ | ​                        | ​ |           ​ | ​ | ​ | ​ | ​                                        | ​ | ​     | ​ | ​ |
| ERAS Capital LLC(14)                                                                         | ​ | ​ | ​                        | ​ |  64,868,211 | ​ | ​ | ​ | ​                                        | ​ | 17.9% | ​ | ​ |
| Allseas Group S.A(15)                                                                        | ​ | ​ | ​                        | ​ |  54,530,268 | ​ | ​ | ​ | ​                                        | ​ | 15.1% | ​ | ​ |

* Indicates beneficial ownership of less than 1%. (1) Excludes Special Shares.

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TABLE OF CONTENTS

(2)

Consists of (i) 18,058,017 common shares, (ii) 4,078,044 common shares underlying options that are exercisable within 60 days of April 3, 2025 and (iii) 89,394 common shares underlying warrants held by Mr. Barron. Does not include (i) 2,275,334 common shares underlying options that are not exercisable within 60 days of April 3, 2025 held by Mr. Barron, (ii) 2,929,101 common shares underlying restricted share units that do not vest within 60 days of April 3, 2025 held by Mr. Barron, (iii) 50,000 common shares underlying Class A warrants held by Mr. Barron and (iv) 20,000,000 common shares underlying restricted share units that vest based on the trailing 30-day average price of the Issuer’s common shares (the “Closing Price”) reaching the following prices on or prior to April 16, 2029, subject to the reporting person’s continued service with the Issuer on the applicable vesting date: one-third shall vest on achievement of a Closing Price of $7.50; one-third shall vest on achievement of a Closing Price of $10.00; and one-third shall vest on achievement