Company: RIG
Filing Date: 2025-03-21
Form Type: PRE 14A
Source: 0001451505-25-000024
Chunk: 23

Company: Transocean Ltd.
Filing Date: 2025-03-21
Form: PRE 14A
Chunk 23
---
 DIRECTORS

| ​                                                                                                                                                                                                   |
| The Board of Directors has nominated the following candidates for election to the Board of Directors of the Company, each for a term extending until completion of the next annual general meeting. |

| ​                                | ​ | ​ | ​                       |
| Keelan I. Adamson                | ​ | ​ | Vincent J. Intrieri     |
| Glyn A. Barker                   | ​ | ​ | William F. “Bill” Lacey |
| Vanessa C.L. Chang               | ​ | ​ | Samuel J. Merksamer     |
| Frederico F. Curado              | ​ | ​ | Frederik W. Mohn        |
| Chadwick C. Deaton               | ​ | ​ | Margareth Øvrum         |
| Domenic J. “Nick” Dell’Osso, Jr. | ​ | ​ | Jeremy D. Thigpen       |

Director Nomination Process The Board of Directors has designated the Governance, Safety & Environment Committee as the committee authorized to consider and recommend nominees for the Board of Directors. The Board of Directors believes that all members of the Governance, Safety & Environment Committee meet the applicable NYSE independence requirements. Our Corporate Governance Guidelines provide that the Governance, Safety & Environment Committee should periodically assess the needs of the Company and the Board of Directors, so as to recommend candidates who will advance our goals. In making that assessment, the Governance, Safety & Environment Committee has determined that a recommended nominee must have the following minimum qualifications: ■High professional and personal ethics and values ■A record of professional accomplishment in his/her chosen field ■Relevant expertise and experience ■A reputation, both personal and professional, consistent with our FIRST Shared Values In addition to these minimum qualifications, the Governance, Safety & Environment Committee considers other qualities in nominees that may be desirable. In particular, the Board of Directors is committed to having a majority of independent directors and, accordingly, the Governance, Safety & Environment Committee evaluates the independence status of any potential director. The Governance, Safety & Environment Committee evaluates whether or not a candidate contributes to the Board of Directors’ overall diversity, the candidate’s contribution to the Board of Directors’ existing chemistry and collaborative culture, and whether or not the candidate can contribute positively to the Board of Directors’ diverse expertise in environmental, health, safety, industry, sustainability, information security, corporate and business development, investor relations and financial matters. The Governance, Safety & Environment Committee also considers whether the candidate may have professional or personal experiences and expertise relevant to our business (such