| No. |
Proposition |
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For |
Against |
Abstain |
| 1 |
Approval of the 2025 Annual Report, Including the Audited Consolidated Financial Statements of Transocean Ltd. for Fiscal Year 2025 and the Audited Statutory Financial Statements of Transocean Ltd. for Fiscal Year 2025 |
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| 2 |
Advisory Vote to Approve the Swiss Statutory Compensation Report for Fiscal Year 2025 |
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| 3 |
Advisory Vote to Approve the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2025 |
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| 4 |
Discharge of the Members of the Board of Directors and the Executive Management Team from Liability for Activities During Fiscal Year 2025 |
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| 5 |
Appropriation of the Accumulated Losses for Fiscal Year 2025 |
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| 6 |
Approval of Shares Authorized for Issuance |
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| 7 |
Election of Director: Keelan I. Adamson |
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| 8 |
Election of Director: Glyn A. Barker |
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| 9 |
Election of Director: Vanessa C.L. Chang |
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| 10 |
Election of Director: Frederico F. Curado |
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| 11 |
Election of Director: Chadwick C. Deaton |
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| 12 |
Election of Director: Domenic J. Nick DellOsso, Jr. |
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| 13 |
Election of Director: Vincent J. Intrieri |
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| 14 |
Election of Director: William F. Bill Lacey |
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| 15 |
Election of Director: Samuel J. Merksamer |
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| 16 |
Election of Director: Frederik W. Mohn |
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| 17 |
Election of Director: Jeremy D. Thigpen |
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| 18 |
Election of Jeremy D. Thigpen as the Chair of the Board of Directors for a Term Extending Until Completion of the Next Annual General Meeting |
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| 19 |
Election of the Member of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn A. Barker |
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| 20 |
Election of the Member of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vanessa C.L. Chang |
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| 21 |
Election of the Member of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederico F. Curado |
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| 22 |
Reelection of Schweiger Advokatur/Notariat as the Independent Proxy for a Term Extending Until Completion of the Next Annual General Meeting |
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| 23 |
Ratification of Ernst & Young LLP as the Companys Independent Registered Public Accounting Firm for Fiscal Year 2026 and Reelection of Ernst & Young Ltd, Zurich, as the Companys Auditor for a Further One-Year Term |
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| 24 |
Advisory Vote to Approve Named Executive Officer Compensation for Fiscal Year 2026 |
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| 25 |
Ratification of the Maximum Aggregate Amount of Compensation of the Board of Directors for the Period Between the 2026 Annual General Meeting and the 2027 Annual General Meeting |
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| 26 |
Ratification of the Maximum Aggregate Amount of Compensation of the Executive Management Team for Fiscal Year 2027 |
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| 27 |
If any modifications to agenda items or proposals identified in the notice of meeting or other matters on which voting is permissible under Swiss law are properly presented at the 2026 Annual General Meeting for consideration, you instruct the independent proxy, in the absence of other specific instructions, to vote in accordance with the recommendations of the Board of Directors. |
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