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Operating Loss Carryforwards

TMC the metals company Inc.·Geographic·5 segments·Rolls up to Net Operating Loss Carryforwards

Breakdown

Segments

Segment	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
CA	$2.68M	$18.01M	$29.79M	$37.88M	$54.68M
TO	$17.74M	$35.16M	$38.97M	$42.57M	$46.15M
SG	$13.23M	$14.23M	$20.57M	$20.36M	$21.96M
US	$2K	$3K	$6K	$185K	$20.6M
NR	—	—	—	—	$17.92M
Total	—	—	—	—	—