Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 86

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 86
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 must be sent to us in advance of
any proposed meeting by delivering a timely written notice in proper form to our registered office in accordance with the requirements
of the BCBCA. The notice must include information on the business the shareholder intends to bring before the meeting. To be a qualified
shareholder, a shareholder must currently be and have been a registered or beneficial owner of at least one Common Share for at least
two years before the date of signing the proposal.

Certain advance notice provisions with respect
to the election of our directors are included in the notice of articles and articles, referred to herein as the Advance Notice Provisions.
The Advance Notice Provisions are intended to: (i) facilitate orderly and efficient annual general meetings or, where the need arises,
special meetings; (ii) ensure that all shareholders receive adequate notice of board nominations and sufficient information with
respect to all nominees; and (iii) allow shareholders to register an informed vote. Only persons who are nominated in accordance
with the Advance Notice Provisions will be eligible for election as directors at any annual meeting of shareholders, or at any special
meeting of shareholders if one of the purposes for which the special meeting was called was the election of directors.

Under the Advance Notice Provisions, a shareholder
wishing to nominate a director would be required to provide us notice, in the prescribed form, within the prescribed time periods. These
time periods include, (i) in the case of an annual meeting of shareholders (including annual and special meetings), not less than
30 days prior to the date of the annual meeting of shareholders; provided, that if the first public announcement of the date of the annual
meeting of shareholders, referred to herein as the Notice Date, is less than 50 days before the meeting date, not later than the close
of business on the 10th day following the Notice Date; and (ii) in the case of a special meeting (which is not also an annual meeting)
of shareholders called for any purpose which includes electing directors, not later than the close of business on the 15th day following
the Notice Date.

These provisions could have the effect of delaying
until the next shareholder meeting the nomination of certain persons for director that are favored by the holders of a majority of our
outstanding voting securities.

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Forum Selection

The notice of articles and articles include a
forum selection provision that provides that, unless we consent in writing to the selection of an alternative forum, the Supreme