Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 87

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 87
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 Court
of British Columbia, Canada and the appellate courts therefrom, are the sole and exclusive forum for (i) any derivative action or
proceeding brought on our behalf; (ii) any action or proceeding asserting a claim of breach of a fiduciary duty owed by any of our
directors, officers, or other employees to our company; (iii) any action or proceeding asserting a claim arising pursuant to any
provision of the BCBCA or the notice of articles and articles (as each may be amended from time to time); or (iv) any action or
proceeding asserting a claim otherwise related to the relationships among us, our affiliates and our respective shareholders, directors
and/or officers, but excluding claims related to our business or of such affiliates. The forum selection provision also provides that
our securityholders are deemed to have consented to personal jurisdiction in the Province of British Columbia and to service of process
on their counsel in any foreign action initiated in violation of the foregoing provisions. This provision does not apply to suits brought
to enforce any duty or liability created by the Securities Act or the Exchange Act, 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