X0508 4 2026-02-10 0 0001798562 TMC the metals Co Inc. TMC 0001874308 Shesky Craig C/O TMC THE METALS COMPANY INC., 1111 WEST HASTINGS STREET, 15TH FLOOR VANCOUVER A1 V6E 2J3 BRITISH COLUMBIA, CANADA 0 1 0 0 Chief Financial Officer 0 Common Shares 2026-02-10 4 M 0 63204 0.65 A 1208921 D Stock Option (right to buy) 0.65 2026-02-10 4 M 0 63204 D 2028-06-01 Common Shares 63204 189610 D Class A Special Shares 2026-02-10 4 M 0 1379 A Common Shares 1379 8116 D Class B Special Shares 2026-02-10 4 M 0 2758 A Common Shares 2758 16231 D Class C Special Shares 2026-02-10 4 M 0 2758 A Common Shares 2758 16231 D Class D Special Shares 2026-02-10 4 M 0 5516 A Common Shares 5516 32462 D Class E Special Shares 2026-02-10 4 M 0 5516 A Common Shares 5516 32462 D Class F Special Shares 2026-02-10 4 M 0 5516 A Common Shares 5516 32462 D Class G Special Shares 2026-02-10 4 M 0 6895 A Common Shares 6895 40578 D Class H Special Shares 2026-02-10 4 M 0 6895 A Common Shares 6895 40578 D Represents the exercise of stock options to purchase 63,204 common shares for cash at an exercise price of $0.65 per common share. The deadline to exercise these stock options with respect to the vested common shares underlying them is March 5, 2026. In accordance with the terms of the stock options, the Reporting Person was also issued 1,379 Class A Special Shares, 2,758 Class B Special Shares, 2,758 Class C Special Shares, 5,516 Class D Special Shares, 5,516 Class E Special Shares, 5,516 Class F Special Shares, 6,895 Class G Special Shares and 6,895 Class H Special Shares for no additional consideration. These stock options vest in increments upon the occurrence of certain milestones, subject to continued service through each milestone. These stock options are exercisable at any time until March 5 of the year following vesting of such stock option (any such date, the "Exercise Date"). These stock options expire on the day after the Exercise Date. 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 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. Also includes the right to purchase 4,137 Class A Special Shares, 8,274 Class B Special Shares, 8,274 Class C Special Shares, 16,548 Class D Special Shares, 16,548 Class E Special Shares, 16,548 Class F Special Shares, 20,685 Class G Special Shares and 20,685 Class H Special Shares. /s/ Michelle Ancosky, Attorney-In-Fact 2026-02-10