Company: TMCWW
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001104659-25-036264
Chunk: 57

Company: TMC the metals Co Inc.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 57
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 the applicable vesting dates. Annual Grant — We also grant each non-employee director annually a number of RSUs (each RSU relating to one common share), having an aggregate fair market value equal to $100,000, determined by dividing (A) $100,000 by (B) the closing price of the common shares on the Nasdaq on the date of the grant (rounded down to the nearest whole share), each year on the first business day after our annual meeting of shareholders (the “Annual Grant”); provided, however, that if there has been no annual meeting of shareholders held by the first business day of the third fiscal quarter, we make the Annual Grant to each non-employee director on the first business day of the third fiscal quarter of such year. Pursuant to the terms of his consulting agreement, Mr. Jurvetson waived his right to any compensation he may have been entitled to for serving on the board of directors, including under our non-employee director compensation policy. The table below summarizes the compensation of each person serving as a non-employee director of TMC for the fiscal year ended December 31, 2024. Gerard Barron, our Chief Executive Officer, did not receive any additional compensation for his service as a director of TMC in 2024. The compensation of Mr. Barron as a NEO is set forth above under “ Summary Compensation Table .” See also “ Certain Relationships and Related Person Transactions ” below for additional information about other transactions between us and our directors.

| Name                    | ​ | ​ | FeesEarned ($) |   |         |   | ​ | ​ | StockAwards($)(1) |   |            |   | ​ | ​ | Total($) |   |         |   | ​ |
|:------------------------|:--|:--|:---------------|:--|--------:|:--|:--|:--|:------------------|:--|-----------:|:--|:--|:--|:---------|:--|--------:|:--|:--|
| Andrew Hall             | ​ | ​ | ​              | $ | 106,236 | ​ | ​ | ​ | ​                 | $ |    100,000 | ​ | ​ | ​ | ​        | $ | 206,236 | ​ | ​ |
| Sheila Khama            | ​ | ​ | ​              | $ | 108,764 | ​ | ​ | ​ | ​                 | $ |    100