Company: RIG
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001451505-25-000029
Chunk: 16

Company: Transocean Ltd.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 16
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 accordance with the recommendations of the Board of Directors with regard to the items listed in the notice of meeting. If any modifications to agenda items or proposals identified in this invitation or other matters on which voting is permissible under Swiss law are properly presented at the 2025 Annual General Meeting for consideration, you will be deemed to have instructed the independent proxy, in the absence of other specific instructions, to vote in accordance with the recommendations of the Board of Directors. As of the date of this proxy statement, the Board of Directors is not aware of any such modifications or other matters to come before the 2025 Annual General Meeting. You may revoke your proxy card at any time prior to its exercise by taking one of the following actions: ■submitting a properly completed and executed proxy card with a later date and timely delivering it either directly to the independent proxy or to Vote Processing, c/o Broadridge at the addresses indicated below; or ■giving written notice of the revocation prior to the meeting to:

| ​ | ​​                                 | ​  | ​ | ​​                                 |
|   | Transocean 2025 AGMVote Processing | ​  |   | Transocean 2025 AGMVote Processing |
| ​ | c/o Broadridge                     | ​  | ​ | c/o Schweiger Advokatur/Notariat   |
| ​ | 51 Mercedes Way                    | or | ​ | Dammstrasse 19                     |
| ​ | Edgewood, NY 11717                 | ​  | ​ | 6300 Zug                           |
| ​ | USA                                | ​  | ​ | Switzerland                        |
| ​ | ​                                  | ​  | ​ | ​                                  |

If you hold your shares in the name of a bank, broker or other nominee, you should follow the instructions provided by your bank, broker or nominee in revoking your previously granted proxy.

Transocean 2025 P-23 Proxy Statement

AGENDA ITEM 1 Approval of (A) the 2024 Annual Report, Including the Audited Consolidated Financial Statements of Transocean Ltd. for Fiscal Year 2024 and the Audited Statutory Financial Statements of Transocean Ltd. for Fiscal Year 2024, (B) the Swiss Statutory Compensation Report for Fiscal Year 2024 and (C) the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2024

| ​  | ​                                                                                                                                                                                                                           |
| 1A | Approval of the 2024 Annual Report,