TMC metals : Investor Presentation May 2025 (23ceb8)

Published: 2025-05-19 13:37:04 ET TMC

Published on 05/19/2025 at 13:37

May 2025

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This presentation contains "forward-looking statements" within the meaning of Section 27A

of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that relate to future events, TMC the metals company Inc.'s ("TMC" or the "Company") future operations and financial performance, and the Company's plans, strategies and prospects. These statements involve risks, uncertainties and assumptions and are based on the current estimates and assumptions of the management of the Company as of the date of this presentation and are subject to uncertainty and

changes. Given these uncertainties, you should not place undue reliance on these forward-looking statements.

Important factors that could cause actual results to differ materially from those indicated by

such forward-looking statements include, among others, those set forth under the heading "Risk Factors"

contained in TMC's Annual Report on Form 10-K for the year ended December 31, 2024, which

was filed with the Securities and Exchange Commission on March 27, 2025, as well as any updates to those risk factors filed from time to time in TMC's subsequent periodic and current reports. All information in this presentation is as of the date of this presentation, and the Company undertakes no duty to update this information unless required by law.

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Why nodules?

Polymetallic

High grades of four critical metals: nickel, copper, cobalt and manganese.

Far offshore

Far away from people, no physical impact on communities.

Very deep

The deeper you go, the less life you will find.

Unattached

No overburden to remove, no hard rock to break. Nodules are collected, not mined.

Portable

Once nodules are transferred to a bulk carrier, they can go to places with existing infrastructure and low-carbon power.

No tailings, near zero waste

The nature of nodules and our flowsheet design make nearly the entirety of the nodule into useable products.

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Two Resource Statements,

1.6 Billion Tonnes of Nodules

Ranked by Mining.com as #1

& #2 Largest Undeveloped

Nickel Projects

Over Half a Billion Raised

First Integrated Nodule

Collection Test Since 1970s

23 Offshore Campaigns

Bench-scale Refining

Pilot-scale Processing

Our subsidiary, The Metals Company USA, LLC (TMC USA), filed applications in April 2025 that could allow us to begin production in international waters under the existing U.S. seabed mining code.

Capital Light Approach

Using Existing Assets

Lifecycle Assessments

Nearly a Petabyte of

Environmental Data

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Commercial Recovery Permit Application

Exploration License Applications

Disclaimer

TMC the metals company Inc. published this content on May 19, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 19, 2025 at 17:36 UTC.