X0508 4 2026-02-03 0 0001798562 TMC the metals Co Inc. TMC 0001874431 Karkar Andrei C/O TMC THE METALS COMPANY INC., 1111 WEST HASTINGS STREET, 15TH FLOOR VANCOUVER A1 V6E 2J3 BRITISH COLUMBIA, CANADA 1 0 1 0 0001881973 ERAS Capital LLC C/O TMC THE METALS COMPANY INC., 1111 WEST HASTINGS STREET, 15TH FLOOR VANCOUVER A1 V6E 2J3 BRITISH COLUMBIA, CANADA 0 0 1 0 0 Common Shares 2026-02-03 4 M 0 63682 0.52 A 394009 D Common Shares 60953495 I ERAS Capital LLC Stock Option (right to buy) 0.52 2026-02-03 4 M 0 63682 D 2026-02-17 Common Shares 63682 0 D Class A Special Shares 2026-02-03 4 M 0 1389 A Common Shares 1389 1389 D Class B Special Shares 2026-02-03 4 M 0 2778 A Common Shares 2778 2778 D Class C Special Shares 2026-02-03 4 M 0 2778 A Common Shares 2778 2778 D Class D Special Shares 2026-02-03 4 M 0 5557 A Common Shares 5557 5557 D Class E Special Shares 2026-02-03 4 M 0 5557 A Common Shares 5557 5557 D Class F Special Shares 2026-02-03 4 M 0 5557 A Common Shares 5557 5557 D Class G Special Shares 2026-02-03 4 M 0 6947 A Common Shares 6947 6947 D Class H Special Shares 2026-02-03 4 M 0 6947 A Common Shares 6947 6947 D Represents the exercise of stock options to purchase 63,682 common shares for cash at an exercise price of $0.52 per common share. In accordance with the terms of the stock options, the Reporting Person was also issued 1,389 Class A Special Shares, 2,778 Class B Special Shares, 2,778 Class C Special Shares, 5,557 Class D Special Shares, 5,557 Class E Special Shares, 5,557 Class F Special Shares, 6,947 Class G Special Shares and 6,947 Class H Special Shares for no additional consideration. The securities are held directly by ERAS Capital LLC ("ERAS"). Andrei Karkar is the managing member of ERAS and shares voting and dispositive power over and may be deemed to beneficially own such securities held by ERAS. Andrei Karkar disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein. Was fully vested as of February 17, 2021. Also included the right to purchase the Class A Special Shares, the Class B Special Shares, the Class C Special Shares, the Class D Special Shares, the Class E Special Shares, the Class F Special Shares, the Class G Special Shares and the Class H Special Shares (collectively, the "Special Shares") set forth in Footnote 1 above. Received by the Reporting Person as described in the Form 4 submitted by the Reporting Person on September 13, 2021. Each of the Class A Special Shares, the Class B Special Shares, the Class C Special Shares, the Class D Special Shares, the Class E Special Shares, the Class F Special Shares, the Class G Special Shares and the Class H Special Shares (collectively, the "Special Shares") automatically convert into common shares on a one for one basis, if on any twenty trading days within any thirty trading day period, the common shares trade for a price that is greater than or equal to the price threshold for such class of Special Shares (the "Price Threshold") described below, or in the event of certain changes of control. The Price Thresholds for the Special Shares are as follows: Class A Special Shares ($15.00), Class B Special Shares ($25.00), Class C Special Shares ($35.00), Class D Special Shares ($50.00), Class E Special Shares ($75.00), Class F Special Shares ($100.00), Class G Special Shares ($150.00), and Class H Special Shares ($200.00). Represents the amount of the specified class of Special Shares acquired upon the exercise of stock options referenced in Footnote 1 above. Does not include the Special Shares held by ERAS Capital LLC that were previously reported in the Form 4 submitted by the Reporting Person on September 13, 2021. /s/ Michelle Ancosky, Attorney-In-Fact 2026-02-05