Company: RIG
Filing Date: 2025-03-21
Form Type: PRE 14A
Source: 0001451505-25-000024
Chunk: 28

Company: Transocean Ltd.
Filing Date: 2025-03-21
Form: PRE 14A
Chunk 28
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2) the Board of Directors accepts the resignation. If a nominee who has submitted such a letter of resignation does not receive more votes cast for than against the nominee’s election, the Governance, Safety & Environment Committee must promptly review the letter of resignation and recommend to the Board of Directors whether to accept the tendered resignation or reject it. The Board of Directors must then act on the Governance, Safety & Environment Committee’s recommendation within 90 days following the certification of the shareholder vote. The Board of Directors must promptly disclose its decision regarding whether or not to accept the nominee’s resignation letter in a Form 8-K filed with or furnished to the SEC or other broadly disseminated means of communication. Full details of this policy are set out in our Corporate Governance Guidelines, which are available on our website at www.deepwater.comby selecting the Governance page in the Investors section dropdown. The Board of Directors has received from each nominee for election as a director at the 2025 Annual General Meeting listed below an executed irrevocable letter of resignation consistent with these guidelines described above. As described above, the election of 12 members to our Board of Directors is subject to shareholder approval of Agenda Item 5. The information regarding the nominees presented below is as of March 6, 2025. Transocean 2025 P-34 Proxy Statement

Table of Contnts

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| ​ | AGENDA ITEM 6 |

NOMINEES FOR DIRECTOR

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| ​PRESIDENT AND COO, TRANSOCEAN LTD. ​IRISH AND U.S. CITIZENAge: 55​​​ | ​ | KEELAN I. ADAMSON | Director Nominee​CAREER HIGHLIGHTSKeelan I. Adamson is President and Chief Operating Officer of Transocean Ltd. As previously announced, Mr. Adamson is transitioning to the role of President and Chief Executive Officer during the second quarter of 2025. Before being named to his current position, Mr. Adamson served as Executive Vice President and Chief Operations Officer from August 2018 to February 2022, as Senior Vice President, Operations from October 2017 to July 2018, and as Senior Vice President, Operations Integrity and HSE, from June 2015 to October 2017.  Mr. Adamson has served in multiple executive positions with responsibilities spanning Engineering and Technical Services, Major Capital