Company: TMCWW
Filing Date: 2025-04-08
Form Type: PRE 14A
Source: 0001104659-25-032724
Chunk: 58

Company: TMC the metals Co Inc.
Filing Date: 2025-04-08
Form: PRE 14A
Chunk 58
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|:--|:--|:-----------------------------------------------------------------------------------------|:--|--------------:|:--|:--|:--|:-------------------------------------------------------------------------|:--|--------:|:--|:--|:--|:---------------------------------------------------------------------------------------------------------------------------------------|:--|--------------:|:--|:--|
| Equity compensation plansapproved by security holders    | ​ | ​ | ​                                                                                        | ​ | 62,198,105(1) | ​ | ​ | ​ | ​                                                                        | $ | 1.21(2) | ​ | ​ | ​ | ​                                                                                                                                      | ​ | 48,518,993(3) | ​ | ​ |
| Equity compensation plans notapproved by securityholders | ​ | ​ | ​                                                                                        | ​ |             — | ​ | ​ | ​ | ​                                                                        | ​ |       — | ​ | ​ | ​ | ​                                                                                                                                      | ​ |             — | ​ | ​ |
| Total                                                    | ​ | ​ | ​                                                                                        | ​ |    62,198,105 | ​ | ​ | ​ | ​                                                                        | $ |    1.21 | ​ | ​ | ​ | ​                                                                                                                                      | ​ |    48,518,993 | ​ | ​ |

(1) Consists of (i) 23,945,450 shares to be issued upon exercise of outstanding options under the DeepGreen Plan, 34,312,655 shares to be issued upon settlement of outstanding RSUs under the TMC Incentive Equity Plan and (iii) 3,940,000 shares to be issued upon exercise of outstanding options under the TMC Incentive Equity Plan. (2) Consists of the weighted-average exercise price of the 23,945,450 options outstanding under the DeepGreen Plan and 3,940,000 options under the TMC Incentive Equity Plan on December 31, 2024. (3) Consists of 37,870,371 shares under the TMC Incentive Equity Plan and 10,648,622 shares under the TMC 2021 Employee Stock Purchase Plan that remained available for future issuance as of December 31, 2024. No shares remained available for future issuance under the DeepGreen Plan as of December 31, 2024. The TMC Incentive Equity Plan has an evergreen provision that allows for an annual increase in the number of shares available for issuance under the TMC Incentive Equity Plan to be added on the first day of