Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 85

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 85
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date, time and location of the meeting, and, where a meeting is to consider special business, the general nature of the special business,
among other things, must be sent to each shareholder entitled to attend the meeting and to each director and the auditors, so long that
the company is a public company, not less than 21 days and no more than two months prior to the meeting, although, as a result of applicable
securities laws, the minimum time for notice is effectively longer in most circumstances. Under the BCBCA, shareholders entitled to notice
of a meeting may waive or reduce the period of notice for that meeting, provided applicable securities laws are met. The accidental omission
to send notice of any meeting of shareholders to, or the non-receipt of any notice by, any person entitled to notice does not invalidate
any proceedings at that meeting.

A quorum for meetings of shareholders is present
if at least two shareholders who, in the aggregate, hold at least 5% of the issued shares entitled to vote at the meeting, are present
in person or represented by proxy at 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