Company: RIG
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001451505-25-000029
Chunk: 9

Company: Transocean Ltd.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 9
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 issuance under the 2015 LTIP by 16,000,000 shares.                                                     |     | ​ | ✓              | FOR |
| 13B  | ​ | Approval of Capital Authorization for Share-Based Incentive Plans                                                                                                                 | ​ | The Board of Directors proposes that its authority to issue shares using a capital authorization to satisfy the Company’s equity incentive plans obligations be reapproved, and any share issuances thereunder be limited to 16,000,000 shares, corresponding to approximately 1.7% of the Company’s issued share capital as of March 6, 2025, for a five-year period expiring on May 30, 2030. |     | ​ | ✓              | FOR |

ORGANIZATIONAL MATTERS A copy of the Notice is being sent to each shareholder registered in Transocean Ltd.’s share register as of the close of business on March 25, 2025. Any additional shareholders who are registered in Transocean Ltd.’s share register as of the close of business on May 12, 2025, will receive after that date a copy of the proxy materials, including a proxy card. Shareholders not registered in Transocean Ltd.’s share register as of May 12, 2025, will not be entitled to vote or grant proxies to vote at the 2025 Annual General Meeting. While no shareholder will be entered in Transocean Ltd.’s share register as a shareholder with voting rights between the close of business on May 12, 2025, and the opening of business on the day following the 2025 Annual General Meeting, share blocking and re-registration are not requirements for any shares of Transocean Ltd. to be voted at the meeting, and all shares may be traded after the record date. Computershare, which maintains Transocean Ltd.’s share register, will continue to register transfers of Transocean Ltd. shares in the share register in its capacity as transfer agent during this period. Shareholders registered in Transocean Ltd.’s share register as of May 12, 2025, have the right to vote their shares at the 2025 Annual General Meeting, or may grant a proxy to vote on each of the proposals in this invitation and any modification to any agenda item or proposal identified in this invitation or other matter on which voting is permissible under Swiss law and which is properly presented at the 2025 Annual General Meeting for consideration. Such shareholders may designate proxies to vote their shares electronically