Company: RIG
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001451505-25-000029
Chunk: 44

Company: Transocean Ltd.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 44
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ATIONThe Board of Directors recommends a vote FOR the election of the nominees of the Compensation Committee of the Board of Directors. |

Transocean 2025 P-50 Proxy Statement

AGENDA ITEM 9 Reelection of the Independent Proxy for a Term Extending Until Completion of the Next Annual General Meeting

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| Pursuant to the Swiss Code and our Articles of Association, the authority to elect the independent proxy is vested with the general meeting of shareholders. The independent proxy elected at the 2025 Annual General Meeting will serve as independent proxy at the 2026 Annual General Meeting and at any extraordinary general meeting of shareholders of the Company that may be held prior to the 2026 Annual General Meeting.The Board of Directors has nominated for election as independent proxy Schweiger Advokatur/Notariat, Dammstrasse 19, 6300 Zug, Switzerland. Schweiger Advokatur/Notariat was elected at the 2024 Annual General Meeting to serve as independent proxy at the 2025 Annual General Meeting and any extraordinary general meeting of shareholders of the Company held prior to the 2026 Annual General Meeting. Schweiger Advokatur/Notariat confirmed to the Company that it possesses the required independence to fulfill its responsibilities. |

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| RECOMMENDATIONThe 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