Company: RIG
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001451505-25-000029
Chunk: 87

Company: Transocean Ltd.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 87
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rs. Barker (345,127), Curado (345,127), Deaton (414,543), Dell'Osso (35,654), Intrieri (340,367), Merksamer (351,103), and Mohn (285,114) and Mmes. Chang (350,869) and Øvrum (144,606) and all directors and executive officers as a group (2,612,510). (3) The percentage indicated is based upon 883,261,456 Company shares deemed to be outstanding as of March 6, 2025, which exclude treasury shares held by the Company or our subsidiaries as of such date or issued into treasury thereafter, unless otherwise required by applicable rules. As of March 6, 2025, each listed individual (with the exception of Mr. Mohn) and our directors and executive officers as a group (excluding Mr. Mohn) beneficially owned less than 1% of the Company’s outstanding shares. (4) The number of shares and associated percent of class includes information based on the Schedule 13D/A filed with the SEC on December 19, 2022, by Mr. Frederik W. Mohn, Perestroika (Cyprus) Ltd. and Perestroika AS, Form 4 filings by Mr. Mohn, Perestroika (Cyprus) Ltd and Perestroika AS, and information given to us by Mr. Mohn. According to such filings and information, Mr. Mohn has sole voting power and sole dispositive power with regard to 307,262 shares, which consists of: (a) 22,148 shares individually owned by Mr. Mohn; and (b) 285,114 restricted share units Mr. Mohn has the right to receive based upon his service as a director of Transocean Ltd. The total shares beneficially owned by Mr. Mohn also includes 91,074,894 shares held directly by Perestroika (Cyprus) Ltd.

Transocean 2025 P-89 Proxy Statement

COMPENSATION DISCUSSION AND ANALYSIS CONTENTS

| ​     | ​                                                      | ​ |
| P-90  | EXECUTIVE SUMMARY                                      | ​ |
| P-91  | 2024 COMPENSATION PROGRAM OVERVIEW                     | ​ |
| P-91  | COMPENSATION PHILOSOPHY, STRATEGY AND DESIGN           | ​ |
| P-93  | SETTING EXECUTIVE COMPENS