TMC the metals Co Inc. — Director's Dealing 2021

Dec 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TMC the metals Co Inc. (TMC)
CIK: 0001798562
Period of Report: 2021-12-24

Reporting Person: Karkar Andrei (Director, 10% Owner)
Reporting Person: ERAS Capital LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-24	Common Shares	P	748957	$2.00	Acquired	42620976	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-24	Warrants to purchase Common Shares	$11.50	P	1414716	Acquired		Common Shares (1414716)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	8032	Direct

Footnotes

F1: The securities are held directly by ERAS Capital LLC ("ERAS"). The Reporting Person 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. The Reporting Person disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein.

F2: On December 24, 2021, ERAS Capital LLC purchased warrants to purchase an aggregate of 1,414,716 Common Shares, which warrants are subject to the Warrant Agreement dated as of May 8, 2020 between the Issuer and Continental Stock Transfer & Trust Company, as warrant agent, in privately negotiated transactions for an aggregate purchase price of $481,003.34. The warrants may be exercised only during the period commencing 30 days after the September 9, 2021 completion of the initial business combination (the "Business Combination") of Sustainable Opportunities Acquisition Corp. (the former name of the Issuer) with DeepGreen Metals Inc. and expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.