Extract to table

NPA Compliance Monitor Requirement Under the terms of the Non-Prosecution Agreement agreed in principle between TMC and the DOJ Antitrust Division on April 8, 2024, TMC is required to retain an independent compliance monitor approved by the DOJ

The NPA provides that the monitor must be independent of TMC and must not have a material conflict of interest with the Company, its affiliates, its officers and directors, or the co-subjects of the investigation

The monitor must be independent of TMC and its affiliates, including the Company's U

The monitor must also be free from material conflicts of interest with the co-subjects of the investigation: Ridgecrest Minerals Inc

The proposed monitor must have the organizational capacity to conduct meaningful oversight for the full two-year term

This cost must be evaluated in the context of the Company's overall financial obligations arising from the investigation