Company: TMCWW
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001104659-25-036264
Chunk: 24

Company: TMC the metals Co Inc.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 24
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independent” as that term is defined under the applicable rules and regulations of the SEC and the listing requirements and rules of the Nasdaq: Andrew Hall, Andrew Greig, Sheila Khama, Christian Madsbjerg and Andrei Karkar, representing five (5) of the Company’s eight (8) director nominees. Andrew Greig serves as the Lead Independent Director of the board of directors. Current director Amelia Kinahoi Siamomua was also determined to be “independent”. Ms. Kinahoi Siamomua is not up for re-election at the Annual Meeting. Committees of our Board of Directors and Meetings Meeting Attendance During the year ended December 31, 2024, there were eight meetings of our board of directors, and the various committees of our board of directors met a total of 21 times. No director attended fewer than 75% of the total number of meetings of our board of directors and of committees of our board of directors on which he or she served during fiscal 2024. Each member of our board of directors is strongly encouraged but is not required to attend each annual meeting of our shareholders. All directors attended our annual meeting of shareholders held in 2024. Audit Committee Our audit committee met five times during fiscal 2024 and acted by written consent outside of its meetings. Our audit committee consists of Andrew Hall, who serves as the chairperson, Christian Madsbjerg and Sheila Khama. Each member of the audit committee qualifies as an independent director under the Nasdaq Listing Rules and the independence requirements of Rule 10A-3 under the Securities Exchange Act of 1934, as amended. The board of directors has determined that Mr. Hall qualifies as an “audit committee financial expert”, as such term is defined in Item 407(d)(5) of Regulation S-K and possesses financial sophistication, as defined under the rules of Nasdaq. The purpose of the audit committee is to prepare the audit committee report required by the SEC to be included in our proxy statement and to assist the board of directors in overseeing and monitoring (1) the quality and integrity of the financial statements, (2) compliance with legal and regulatory requirements, (3) our independent registered public accounting firm’s qualifications and independence, (4) the performance of our internal audit function and (5) the performance of our independent registered public accounting firm. 15 TABLE OF CONTENTS The board of directors has adopted a written charter for the audit committee, which is available on the Company’s website at www.metals.co under