Company: RIG
Filing Date: 2025-03-21
Form Type: PRE 14A
Source: 0001451505-25-000024
Chunk: 44

Company: Transocean Ltd.
Filing Date: 2025-03-21
Form: PRE 14A
Chunk 44
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COMMENDATIONThe Board of Directors recommends a vote FOR this Agenda Item 9. |

Transocean 2025 P-51 Proxy Statement

AGENDA ITEM 10 Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2025 and Reelection of Ernst & Young Ltd, Zurich, as the Company’s Auditor for a Further One-Year Term PROPOSAL OF THE BOARD OF DIRECTORS

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| The Board of Directors proposes that Ernst & Young LLP be ratified as Transocean Ltd.’s independent registered public accounting firm for the fiscal year 2025 and that Ernst & Young Ltd, Zurich, be elected as Transocean Ltd.’s auditor pursuant to the Swiss Code for a further one-year term, commencing on the day of election at the 2025 Annual General Meeting and terminating on the day of the 2026 Annual General Meeting.Representatives of Ernst & Young Ltd will participate in the 2025 Annual General Meeting, will have the opportunity to make a statement and will be available to respond to questions you may ask. Please submit any questions you may have to the Corporate Secretary prior to the 2025 Annual General Meeting. Information regarding the fees paid by the Company to Ernst & Young appears below. |

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| RECOMMENDATIONThe Board of Directors recommends a vote FOR this Agenda Item 10. |

ERNST & YOUNG FEES Audit fees for Ernst & Young LLP and its affiliates for each of the fiscal years 2024 and 2023 and audit-related fees, tax fees and total of all other fees for services rendered in 2024 and 2023 are as follows:

| ​                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ |         ​ | ​ | ​ |             ​ | ​ | ​ |       ​ | ​ | ​ |             ​ | ​ |
| ​                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |     AUDIT 
   FEES(1) |   |   | AUDIT-RELATED 
       FEES(2) |   |   |     TAX 
    FEES |   |   |  TOTAL OF ALL 
 OTHER FEES(3) |   |
| ​                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ |    U.S. $ |   | ​ |        U.S. $ |   | ​ |  U.S. $ |   | ​ |        U.S. $ |   |
| Fiscal year 2024                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |