Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 157

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 157
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, or the rules and regulations thereunder.

For claims brought under the Securities Act, Section 22
of the Securities Act creates concurrent jurisdiction for federal and state courts over all claims brought to enforce any duty or liability
created by the Securities Act or the rules and regulations thereunder and the notice of articles and articles provides that the federal
district courts of the United States of America, to the fullest extent permitted by law, are the sole and exclusive forum for resolving
any complaint asserting a cause of action arising under the Securities Act, referred to herein as the Federal Forum Provision. Application
of the Federal Forum Provision means that suits brought by our shareholders to enforce any duty or liability created by the Securities
Act must be brought in federal court and cannot be brought in state court.

Section 27 of the Exchange Act creates exclusive
federal jurisdiction over all claims brought to enforce any duty or liability created by the Exchange Act or the rules and regulations
thereunder. Accordingly, actions by our shareholders to enforce any duty or liability created by the Exchange Act or the rules and
regulations thereunder must be brought in federal court. Our shareholders will not be deemed to have waived our compliance with the federal
securities laws and the regulations promulgated thereunder.

Any person or entity purchasing or otherwise acquiring
or holding any interest in any of Common Shares shall be deemed to have notice of and consented to the aforementioned forum selection
provisions, including the Federal Forum Provision. Additionally, our shareholders cannot waive compliance with the federal securities
laws and the rules and regulations thereunder. These provisions may limit our shareholders’ ability to bring a claim in a judicial
forum they find favorable for disputes with us or our directors, officers, or other employees, which may discourage lawsuits against us
and our directors, officers, and other employees. Alternatively, if a court were to find the choice of forum provision contained in the
notice of articles and articles to be inapplicable or unenforceable in an action, we may incur additional costs associated with resolving
such action in other jurisdictions, which could harm our business, operating results and financial condition.

Limitation of Liability and Indemnification

Under the BCBCA, a company may indemnify: (i) a
current or former director or officer of that company; (ii) a current or former director or officer of another company if, at the
time such individual held such office, such company was an affiliate of the company, or if such individual held such office at the company