Company: RIG
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001451505-25-000029
Chunk: 41

Company: Transocean Ltd.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 41
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 Varco, Inc. (“NOV”) from 2012 to 2015. During his tenure at NOV, Mr. Thigpen spent five years from 2007 to 2012 as the company’s President of Downhole and Pumping Solutions business, and four years from 2003 to 2007 as President of its Downhole Tools group. He also served in various management and business development capacities, including Director of Business Development and Special Assistant to NOV’s Chair of the Board. ​Mr. Thigpen serves as a director of Sunnova International Inc. (NYSE: NOVA) (since 2024) and as a member of the Board of Trustees at Rice University (since 2022). He previously served as the International Association of Drilling Contractors’ Chair in 2022.​Upon election as Chair of the Board of Directors, Mr. Thigpen is expected to serve as Executive Chair of the Board of Directors.​EDUCATIONProgram for Management Development, Harvard Business School (2001)Bachelor of Arts degree, Economics and Managerial Studies, Rice University (1997)​KEY QUALIFICATIONS AND EXPERTISEThe Board of Directors recommends Mr. Thigpen should serve an additional term. The Board of Directors believes that, in the role of Executive Chair, Mr. Thigpen will serve an integral role in providing continued strategic direction following the Company’s leadership transition. Mr. Thigpen brings a competitive perspective and has substantial experience, as well as proven leadership, in: Finance, Debt & Capital MarketsHuman Capital ManagementMultinational CompanyOil & Gas (Including Oilfield Services)Operations & EngineeringPublic Company CEOSafety & EnvironmentTechnology, Research & Development​This experience assists the other members of the Board of Directors in considering strategic decisions for the Company. |

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| RECOMMENDATIONThe Board of Directors recommends you vote FOR the election of these candidates as directors. |

Transocean 2025 P-46 Proxy Statement

SKILLS AND EXPERIENCE MATRIX FOR DIRECTOR NOMINEES Below is a summary of certain skills and experience of our director nominees that are relevant to our business. In addition to the skills and experience referenced below, each of our director nominees has relevant business or professional experience and skills in Mergers and Acquisitions, Public Company Governanceand Strategy.

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