Company: RIG
Filing Date: 2025-03-21
Form Type: PRE 14A
Source: 0001451505-25-000024
Chunk: 66

Company: Transocean Ltd.
Filing Date: 2025-03-21
Form: PRE 14A
Chunk 66
---
 | ​ | Quality Policy Statement       | ​ | Tax Principles Statement        |

Information contained on our website is not part of this proxy statement. Sustainability As a business in the energy industry, we must operate with integrity, discipline and an unconditional respect for our people, our communities and our environment. Our Chief Legal Officer partners with our other functional leadership to manage and execute our sustainability program, including investments in: ■Technologies, including artificial intelligence technologies, which improve the safety, reliability and efficiency of our assets and to reduce the impact our operations have on the environment. ■Safety and training programs and tools to protect our people, assets and the environments in which we operate. ■Recruiting, developing, retaining and motivating the industry’s most talented and geographically diverse workforce. ■Benefits to promote employee health, well-being and financial security. ■Programs to support the global communities in which we operate. Our Board of Directors provides oversight of the Company’s sustainability practices. The Board of Directors’ Governance, Safety & Environment Committee assists the Board of Directors in fulfilling its oversight of the Company’s management of risk in the areas of governance, safety and environment. The Board of Directors’ Audit Committee is responsible for reviewing with Company management the environmental, social and governance (“ESG”) disclosures requiring external assurance and the adequacy and effectiveness of internal controls related to those disclosures. The Board of Directors’ Governance, Safety & Environment Committee reviews updates from Company management regarding the Company’s sustainability activities. Environmental Stewardship Our approach to managing and minimizing our environmental impact is driven by our commitment to work safely and in pursuit of operational excellence. Our current President and Chief Operating Officer administers our Environmental Management System (“EMS”), which applies to all Transocean facilities onshore and offshore. These policies govern our management of waste, water and other resources in our facilities, aid in our compliance with all regulatory requirements, and guide the evaluation of our environmental performance. Our EMS, paired with our Company Management System, sets forth the standards and processes for how our

Transocean 2025 P-70 Proxy Statement

| ​ | ​                    |
| ​ | CORPORATE GOVERNANCE |

teams identify, consider and mitigate potential environmental impacts when planning and executing our operations. Consistent with our internal policies, all active rigs maintain individual rig energy management plans, which are aligned with ISO 50001 and International Maritime Organization (IMO) SEEMP frameworks. Our Workforce and Our Community Respectful and Safe Workplace We endeavor to provide those who work at Transocean with a safe and respectful