Company: RIG
Filing Date: 2025-03-21
Form Type: PRE 14A
Source: 0001451505-25-000024
Chunk: 42

Company: Transocean Ltd.
Filing Date: 2025-03-21
Form: PRE 14A
Chunk 42
---
 | ​ | ​                 |   |   |   |   | ​ |     3 |     |   |

| ​​​​​ |     | ​ |     | ​ |     | ​ |     | ​ | ​ | ​ |     | ​ | ​ |     | ​ |     | ​ |     | ​ |     | ​ | ​ | ​ |

Transocean 2025 P-47 Proxy Statement

| ​                                                  | ​ |
| SKILLS AND EXPERIENCE MATRIX FOR DIRECTOR NOMINEES | ​ |

Backgrounds and Attributes of Our Director Nominees All members of our Board of Directors are highly qualified with proven records of excellence and success. In addition to their credentials and experience, we value the thought leadership and varied perspectives that a diverse board brings to our business execution. The following provides an overview of the backgrounds of our director nominees.

| ​ | ​ | ​ |
| ​ | ​ | ​ |
| ​ | ​ | ​ |
|   | ​ | ​ |
| ​ | ​ | ​ |
| ​ | ​ | ​ |
| ​ |   |   |

Transocean 2025 P-48 Proxy Statement

AGENDA ITEM 7 Election of the Chair of the Board of Directors for a Term Extending Until Completion of the Next Annual General Meeting NOMINATION OF THE BOARD OF DIRECTORS

| ​                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Pursuant to the Swiss Code and our Articles of Association, the authority to elect the Chair of the Board of Directors is vested with the general meeting of shareholders. The term of office of the Chair of the Board of Directors is the same as the other directors’ terms and extends until completion of the next annual general meeting. The Chair elected at the 2025 Annual General Meeting will have the powers and duties as provided for in our Articles of Association and organizational regulations.Upon the recommendation of the Governance, Safety & Environment Committee, the Board of Directors nominates Jeremy D. Thigpen for election by shareholders as the Chair of the Board of Directors. Mr. Thigpen has served on the Board and has been Chief Executive Officer of the Company since 2015. His election as Chair of the Board of Directors is part of the Company’s succession plan designed to maintain business and leadership continuity. Mr. Thigpen’s biographical information may be found above under Agenda Item 6.For more information about the Company’s leadership transition, see “Nominees to the Board of Directors.” |

| ​                                                                                                                               |