Transocean Ltd

1. 0

   Other Matters

   Management

   Other organizational matters including voting procedures, quorum, and housekeeping; shareholders may submit proposals under specified timelines.

2. 1

   Approval of the 2025 Annual Report and Advisory Votes on Swiss Statutory Reports

   ManagementBoard: FOR

   Approve the 2025 Annual Report including audited consolidated and statutory financial statements and advisory approval of the Swiss statutory compensation report and the Swiss statutory report on non-financial matters for fiscal year 2025.

3. 2

   Discharge of the Board of Directors and Executive Management Team

   ManagementBoard: FOR

   Discharge members of the Board and specified executive officers from liability for activities during fiscal year 2025, per Swiss law.

4. 3

   Appropriation of Accumulated Losses for Fiscal Year 2025

   ManagementBoard: FOR

   Approve that accumulated losses for the Company be carried forward (no distribution).

5. 4

   Approval of Shares Authorized for Issuance

   ManagementBoard: FOR

   Renew general capital authorization to issue up to 240,801,936 shares (approx. 20% of issued shares) until May 22, 2027, and authorize cancellation of up to 120,400,968 repurchased shares (approx. 10%).

6. 5

   Election of 11 Directors

   ManagementBoard: FOR

   Elect 11 director nominees, each for a term until the next annual general meeting.

7. 6

   Election of the Chair of the Board of Directors

   ManagementBoard: FOR

   Elect Jeremy D. Thigpen as Chair of the Board for a term until completion of the next AGM, subject to his election as a director.

8. 7

   Election of Members of the Compensation Committee

   ManagementBoard: FOR

   Elect three nominees (Glyn A. Barker, Vanessa C.L. Chang, Frederico F. Curado) as members of the Compensation Committee, each for a term until the next AGM.

9. 8

   Reelection of the Independent Proxy

   ManagementBoard: FOR

   Reelection of Schweiger Advokatur/Notariat as independent proxy for a term until completion of the next AGM.

10. 9

    Ratification and Reelection of Auditors

    ManagementBoard: FOR

    Ratify Ernst & Young LLP as independent registered public accounting firm for fiscal year 2026 and reelect Ernst & Young Ltd, Zurich, as the Company’s auditor for a one-year term.

11. 10

    Advisory Vote to Approve Named Executive Officer Compensation

    ManagementBoard: FOR

    Non-binding advisory vote to approve the compensation of the Company’s Named Executive Officers as disclosed in the proxy statement.

12. 11

    Prospective Vote on Maximum Compensation of Board and Executive Management Team

    ManagementBoard: FOR

    Binding prospective (ratification) votes to approve maximum aggregate compensation amounts: (A) $4,121,000 for the Board for the period between 2026 and 2027 AGMs; (B) $26,000,000 for the Executive Management Team for fiscal year 2027.

Upcoming shareholder meetings at Transocean Ltd’s closest sector peers — compare boards, ballots, and ownership across the cohort.

When is the Transocean Ltd 2026 annual meeting?

Transocean Ltd (RIG) holds its 2026 annual shareholder meeting on Friday, May 22, 2026.

What is the record date for the Transocean Ltd 2026 meeting?

The record date for the Transocean Ltd 2026 meeting is Monday, May 4, 2026. Shareholders of record on or before that date are eligible to vote.

Who are the director nominees for Transocean Ltd's 2026 meeting?

The board is presenting 11 director nominees at the Transocean Ltd 2026 meeting, listed with their independence status and background.

What proposals will shareholders vote on at the Transocean Ltd 2026 meeting?

Shareholders will vote on 12 proposals at the Transocean Ltd 2026 meeting, each tagged with who proposed it and the board's recommendation.