Metals Company SPAC

BETTER METALS FOR EVs We are developing NORI-D area first with potentially massive investor upside if full portfolio is developed. Full portfolio¹ Estimated resource $31.3B NPV4 Resource: 1.6Bt Production: 56Mtpa dry Est. Revenue: $20.2B/a Est. EBITDA: $12.9B/a Est. Total Revenue: $389B Est. Total EBITDA: $247B NORI² 4 January 1, 2021, assuming 9% discount rate. 5 Average estimated annual revenue and EBITDA 2030-2046. с $6.8B NPV4 Resource: 356Mt Production: 9.3Mtpa dry Est. Revenue: $4.7B/a5 Est. EBITDA: $2.9B/a5 Estimated resource Est. Total Revenue: $95.1B Est. Total EBITDA: $57.3B D B || || 3 TOML ³ A ¹ Canadian NI 43-101 Resource Statement for full field financial model (internal DeepGreen development scenario). ² Canadian NI 43-101 and SEC Regulation S-K (Subpart 1300) Compliant NORI Area D Clarion Clipperton Zone Mineral Resource Estimate and associated financial model, AMC, March 2021. 3 Canadian NI 43-101 Compliant TOML Clarion Clipperton Zone Project Mineral Resource Estimate, AMC, July 2016. B+E D C + Additional upside Marawa Resource definition work still required 13

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