Company: TMCWW
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001104659-25-036264
Chunk: 71

Company: TMC the metals Co Inc.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 71
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1 AND 2
ELECTION OF DIRECTORS
(Notice Items 1 and 2) Number of Directors (Proposal No. 1) Our Articles provide that our shareholders fix the number of directors to be elected to our board of directors by ordinary resolution. Our shareholders set the number of directors at eight at the 2023 annual meeting of shareholders held on May 30, 2023, and the directors appointed an additional director pursuant to the Articles and the Business Corporations Act (British Columbia) in April 2024, increasing the number of directors to nine. As a result, our board of directors currently consists of nine members. The shareholders may increase or decrease the number of directors constituting the full board of directors, provided that such number may not be less than three. We are proposing that shareholders fix the number of directors to be elected at the Annual Meeting at eight. The affirmative vote of a majority of the shares cast for this proposal is required to set the number of directors at eight. OUR BOARD OF DIRECTORS RECOMMENDS THAT THE NUMBER OF DIRECTORS BE SET AT EIGHT, AND PROXIES SOLICITED BY OUR BOARD OF DIRECTORS WILL BE VOTED IN FAVOR THEREOF UNLESS A SHAREHOLDER HAS INDICATED OTHERWISE ON THE PROXY. Election of Directors (Proposal No. 2) Our board of directors nominated Gerard Barron, Andrew Hall, Andrew Greig, Sheila Khama, Andrei Karkar, Christian Madsbjerg, Brendan May, and Stephen Jurvetson for election at the Annual Meeting. If they are elected, they will serve on our board of directors until the 2026 annual meeting of shareholders or until their respective successors have been elected or appointed, unless their offices are earlier vacated. Amelia Kinahoi Siamomua is not up for re-election as director at the Annual Meeting and her term as director will end at the Annual Meeting. Unless authority to vote for any of these nominees is withheld, the shares represented by the enclosed proxy will be voted FOR the election of Gerard Barron, Andrew Hall, Andrew Greig, Sheila Khama, Andrei Karkar, Christian Madsbjerg, Brendan May, and Stephen Jurvetson as directors. In the event that any nominee becomes unable or unwilling to serve, the shares represented by the enclosed proxy will be voted for the election of such other person as our board of directors may recommend in that nominee’s place. We have no reason to believe that any nominee will be unable or unwilling to