0001798562 2025-01-01 2025-12-31 0001798562 2025-12-31 2025-01-01 2025-12-31 true <div style="margin-top:12pt; width:456pt; line-height:12pt;font-weight:bold;"> <span style="letter-spacing:-0.022pt;">Clawback Policy</span><span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span> </div><div style="text-indent:20pt; margin-top:8pt; text-align:justify; width:456pt; line-height:12pt;"> <span style="letter-spacing:-0.075pt;">We believe that it is in our best interests and that of our shareholders to create and maintain a culture that emphasizes integrity and accountability and therefore, in compliance with SEC and Nasdaq rules, we adopted a clawback policy that is administered by the compensation committee and which provides for the recoupment of certain executive compensation in the event of an accounting restatement resulting from material noncompliance with financial reporting requirements under the federal securities laws. Our clawback policy provides for the mandatory reimbursement or recovery, from current and former officers, of excess incentive-based compensation that was erroneously awarded during the three years preceding the date that we are required to prepare certain accounting restatements of our financial statements. </span> </div> <div style="text-indent:20pt; margin-top:8pt; text-align:justify; width:456pt; line-height:11.5pt;"> <span style="letter-spacing:-0.075pt;">LTIP and other incentive awards were made in March in 2025 and April in 2026. The compensation committee, however, anticipates granting LTIP awards generally in February of each year going forward. The compensation committee and the board of directors do not time the grant of equity compensation with regards to the release of material nonpublic information, whether or not that information may favorably or unfavorably impact the price of our common shares. Similarly, we do not time the release of material nonpublic information based on equity award grant dates. Equity awards for the executive officers, including our Chief Executive Officer, are approved by the compensation committee. We did not grant options to any of our executive officers during 2025.</span><span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span> </div> LTIP and other incentive awards were made in March in 2025 and April in 2026. The compensation committee, however, anticipates granting LTIP awards generally in February of each year going forward. true The compensation committee and the board of directors do not time the grant of equity compensation with regards to the release of material nonpublic information, whether or not that information may favorably or unfavorably impact the price of our common shares. Similarly, we do not time the release of material nonpublic information based on equity award grant dates. false false DEF 14A TMC the metals Co Inc. 0001798562 false