Home › Companies › TRANSOCEAN LTD. › 2024-2025

TRANSOCEAN LTD. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and TRANSOCEAN LTD.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

42Reported items
340Asset managers
6,567Fund votes
2025-05-30Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore TRANSOCEAN LTD. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by TRANSOCEAN LTD.

These tallies are TRANSOCEAN LTD.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

TRANSOCEAN LTD. — official shareholder meeting results, meeting held 2025-05-30
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Proposal 1: Proposal regarding the approval of the 2024 Annual Report, including the Audited Consolidated Financial Statements of Transocean Ltd. for Fiscal Year 2024 and the Audited Statutory Financial Statements of Transocean Ltd. for Fiscal Year 2024.	554,001,582	7,632,461	1,961,938	--	--	Majority: yes
Proposal 2: Proposal regarding the advisory vote to approve the Company's Swiss Statutory Compensation Report for Fiscal Year 2024.	405,330,613	26,176,797	870,620	--	131,217,951	Majority: yes
Proposal 3: Proposal regarding the advisory vote to approve the Non-Financial Matters Report for Fiscal Year 2024.	550,984,933	9,291,299	3,319,749	--	--	Majority: yes
Proposal 4: Proposal regarding the discharge of the Members of the Board of Directors and the Executive Management Team from liability for activities during Fiscal Year 2024.	409,328,374	8,055,174	14,994,482	--	131,217,951	Majority: yes
Proposal 5: Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2024.	548,944,214	11,172,995	3,478,772	--	--	Majority: yes
Proposal 6: Proposal regarding the approval of Shares authorized for issuance.	510,576,659	48,792,121	4,227,201	--	--	Majority: yes
Elect Director: Keelan I. Adamson	422,348,489	8,883,383	1,146,158	--	131,217,951	Majority: yes
Elect Director: Glyn A. Barker	420,729,079	10,448,180	1,200,771	--	131,217,951	Majority: yes
Elect Director: Vanessa C.L. Chang	422,141,918	9,070,062	1,166,050	--	131,217,951	Majority: yes
Elect Director: Frederico F. Curado	389,164,378	42,082,588	1,131,064	--	131,217,951	Majority: yes
Elect Director: Chadwick C. Deaton	422,782,508	8,435,163	1,160,359	--	131,217,951	Majority: yes
Elect Director: Domenic J. "Nick" Dell'Osso, Jr.	423,629,397	7,613,185	1,135,448	--	131,217,951	Majority: yes
Elect Director: Vincent J. Intrieri	423,162,858	7,996,503	1,218,669	--	131,217,951	Majority: yes
Elect Director: William F. "Bill" Lacey	424,992,760	6,235,024	1,150,246	--	131,217,951	Majority: yes
Elect Director: Samuel J. Merksamer	422,489,295	8,719,070	1,169,665	--	131,217,951	Majority: yes
Elect Director: Frederik W. Mohn	423,344,019	7,879,909	1,154,102	--	131,217,951	Majority: yes
Elect Director: Jeremy D. Thigpen	422,055,316	9,319,916	1,002,798	--	131,217,951	Majority: yes
Elect Director: Jeremy D. Thigpen	421,755,173	9,636,677	986,180	--	131,217,951	Majority: yes
Elect Director: Vanessa C.L. Chang	422,213,648	9,046,029	1,118,353	--	131,217,951	Majority: yes
Elect Director: Frederico F. Curado	403,566,362	27,365,110	1,446,558	--	131,217,951	Majority: yes
Proposal 10: Proposal regarding the reelection of the independent proxy for a term extending until completion of the next Annual General Meeting.	549,368,014	9,405,277	4,822,690	--	--	Majority: yes
Proposal 11: Proposal regarding the 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.	532,253,356	29,935,196	1,407,429	--	--	Majority: yes
Proposal 12: Proposal regarding the advisory vote to approve Named Executive Officer compensation for Fiscal Year 2025.	379,827,455	51,408,130	1,142,455	--	131,217,951	Majority: yes
Proposal 13: Proposal regarding the ratification of the maximum aggregate amount of compensation of the Board of Directors for the period between the 2025 Annual General Meeting and the 2026 Annual General Meeting.	421,472,956	8,519,647	2,385,427	--	131,217,951	Majority: yes
Proposal 14: Proposal regarding the ratification of the maximum aggregate amount of compensation of the Executive Management Team for Fiscal Year 2026.	419,377,741	10,635,394	2,364,895	--	131,217,951	Majority: yes
Proposal 15: Proposal regarding the approval of the amendment and restatement of the Transocean Ltd. 2015 Long-Term Incentive Plan.	364,992,746	66,370,242	1,015,042	--	131,217,951	Majority: yes
Proposal 16: Proposal regarding the approval of a capital authorization for share-based incentive plans.	365,093,466	66,223,395	1,061,169	--	131,217,951	Majority: yes

Source: TRANSOCEAN LTD., Form 8-K — read the filing on EDGAR.

How asset managers voted at the TRANSOCEAN LTD. 2024-2025 meeting

Each item below shows how the 340 asset managers that disclosed a TRANSOCEAN LTD. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of TRANSOCEAN LTD.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory Vote to Approve Named Executive Officer Compensation for Fiscal Year 2025

COMPENSATIONMajority of the votes cast: yes

Combines 9 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%12%

FOR: 379,827,455AGAINST: 51,408,130

TRANSOCEAN LTD.’s own tally for this item (“Proposal 12: Proposal regarding the advisory vote to approve Named Executive Officer compensation for Fiscal Year 2025.”): 379,827,455 for, 51,408,130 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 43% for, 6% against (48.8% of the company cast a for/against vote).

The 329 asset managers below cast 90% of the shares they voted on this item FOR (379,732,493 for, 42,760,946 against).

FOR 89%10%

FOR: 379,732,493 (89.3%)AGAINST: 42,760,946 (10.1%)ABSTAIN: 2,643,921 (0.6%)NOT VOTED: 136,721 (0.0%)

Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation for Fiscal Year 2025” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	89,832,157	0	0	For
Capital Group	57,010,094	0	0	For
BlackRock	45,212,425	0	2,625,934	For
American Century	0	38,628,676	0	Against
Charles Schwab	24,466,222	0	0	For
Pilgrim Global Advisors LLC	17,601,395	0	0	For
NEW ECONOMY FUND	15,531,560	0	0	For
PRIMECAP MANAGEMENT CO/CA/	13,642,320	0	0	For
KEYBANK NATIONAL ASSOCIATION/OH	11,473,929	0	0	For
Two Sigma	11,098,664	0	0	For
VAN ECK ASSOCIATES CORP	10,614,646	0	0	For
VanEck ETF Trust	10,614,646	0	0	For
State Street	9,345,827	603	0	For
Solus Alternative Asset Management LP	4,470,000	0	0	For
Ion Asset Management Ltd.	4,300,000	0	0	For
Northern Trust	3,979,814	0	0	For
Paloma Partners Management Co	3,979,098	0	0	For
Ensign Peak Advisors, Inc	3,796,943	0	0	For
John Hancock	3,555,727	0	0	For
Dimensional	2,613,984	0	0	For
MELLON INVESTMENTS Corp	2,586,457	0	0	For
Equitable	1,897,713	0	0	For
MADISON FUNDS	1,700,000	0	0	For
AIG/SunAmerica	1,242,367	0	0	For
T. Rowe Price	1,221,635	0	0	For

Showing the 25 largest of 329 asset managers. See all 329 in the interactive database.

2. 1B Approval of the Swiss Statutory Compensation Report for Fiscal Year 2024

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 405,330,613AGAINST: 26,176,797

TRANSOCEAN LTD.’s own tally for this item (“Proposal 2: Proposal regarding the advisory vote to approve the Company's Swiss Statutory Compensation Report for Fiscal Year 2024.”): 405,330,613 for, 26,176,797 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 45.9% for, 3% against (48.9% of the company cast a for/against vote).

The 92 asset managers below cast 91% of the shares they voted on this item FOR (205,033,638 for, 20,053,043 against).

FOR 91%9%

FOR: 205,033,638 (91.1%)AGAINST: 20,053,043 (8.9%)ABSTAIN: 18,100 (0.0%)

Largest asset managers voting on “1B Approval of the Swiss Statutory Compensation Report for Fiscal Year 2024” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	87,949,842	0	For
BlackRock	40,797,967	0	For
Capital Group	20,297,589	0	For
American Century	0	18,895,329	Against
NEW ECONOMY FUND	15,531,560	0	For
Charles Schwab	12,233,111	0	For
VanEck ETF Trust	10,614,646	0	For
Equitable	1,897,713	0	For
MADISON FUNDS	1,700,000	0	For
AIG/SunAmerica	1,242,367	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Fidelity	750,364	0	For
BNY Mellon	689,500	0	For
Managed Portfolio Series	660,200	0	For
Lincoln Financial	620,015	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Pacific Life	380,588	122,671	For
Goldman Sachs	491,496	0	For
Northern Trust	447,614	0	For
First Trust	445,532	0	For
Global X	438,140	0	For
Russell Investments	402,373	0	For
TIAA	0	395,202	Against

Showing the 25 largest of 92 asset managers. See all 92 in the interactive database.

3. 12B Ratification of the Maximum Aggregate Amount of Compensation of the Executive Management Team for Fiscal Year 2026

COMPENSATIONMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 419,377,741AGAINST: 10,635,394

TRANSOCEAN LTD.’s own tally for this item (“Proposal 14: Proposal regarding the ratification of the maximum aggregate amount of compensation of the Executive Management Team for Fiscal Year 2026.”): 419,377,741 for, 10,635,394 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.5% for, 1% against (48.7% of the company cast a for/against vote).

The 89 asset managers below cast 99.9% of the shares they voted on this item FOR (219,914,331 for, 26,211 against).

FOR 99.9%

FOR: 219,914,331 (100.0%)AGAINST: 26,211 (0.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “12B Ratification of the Maximum Aggregate Amount of Compensation of the Executive Management Team for Fiscal Y” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
Pilgrim Global Advisors LLC	17,601,395	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Ion Asset Management Ltd.	4,300,000	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

4. Prospective Vote on the Maximum Compensation of (A) the Board of Directors and (B) the Executive Management Team 12A Ratification of the Maximum Aggregate Amount of Compensation of the Board of Directors for the Period Between the 2025 Annual General Meeting and the 2026 Annual General Meeting

COMPENSATIONMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 421,472,956AGAINST: 8,519,647

TRANSOCEAN LTD.’s own tally for this item (“Proposal 13: Proposal regarding the ratification of the maximum aggregate amount of compensation of the Board of Directors for the period between the 2025 Annual General Meeting and the 2026 Annual General Meeting.”): 421,472,956 for, 8,519,647 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.7% for, 1.0% against (48.7% of the company cast a for/against vote).

The 68 asset managers below cast 100% of the shares they voted on this item FOR (197,554,216 for, 0 against).

FOR 99.9%

FOR: 197,554,216 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Prospective Vote on the Maximum Compensation of (A) the Board of Directors and (B) the Executive Management Te” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 68 asset managers. See all 68 in the interactive database.

5. Approval of (A) Amendment and Restatement of Transocean Ltd. 2015 Long-Term Incentive Plan and (B) Capital Authorization for Share-Based Incentive Plans 13A Approval of Amendment and Restatement of Transocean Ltd. 2015 Long-Term Incentive Plan

COMPENSATIONMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%AGAINST 15%

FOR: 364,992,746AGAINST: 66,370,242

TRANSOCEAN LTD.’s own tally for this item (“Proposal 15: Proposal regarding the approval of the amendment and restatement of the Transocean Ltd. 2015 Long-Term Incentive Plan.”): 364,992,746 for, 66,370,242 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 41% for, 8% against (48.8% of the company cast a for/against vote).

The 67 asset managers below cast 72% of the shares they voted on this item FOR (142,550,669 for, 55,043,773 against).

FOR 72%AGAINST 28%

FOR: 142,550,669 (72.1%)AGAINST: 55,043,773 (27.9%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Approval of (A) Amendment and Restatement of Transocean Ltd. 2015 Long-Term Incentive Plan and (B) Capital Aut” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	87,949,842	0	For
Capital Group	0	20,297,589	Against
American Century	0	18,895,329	Against
NEW ECONOMY FUND	0	15,531,560	Against
BlackRock	13,403,402	0	For
Charles Schwab	12,233,111	0	For
VanEck ETF Trust	10,614,646	0	For
Equitable	1,897,713	0	For
MADISON FUNDS	1,700,000	0	For
AIG/SunAmerica	1,242,367	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Fidelity	750,364	0	For
BNY Mellon	689,500	0	For
Managed Portfolio Series	660,200	0	For
Lincoln Financial	620,015	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Pacific Life	380,588	122,671	For
Goldman Sachs	491,496	0	For
Northern Trust	447,614	0	For
Global X	438,140	0	For
First Trust	434,672	0	For
Russell Investments	402,373	0	For
TIAA	395,202	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

6. 13B Approval of Capital Authorization for Share-Based Incentive Plans

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

85% Majority: yes · of votes cast

FOR 85%AGAINST 15%

FOR: 365,093,466AGAINST: 66,223,395

TRANSOCEAN LTD.’s own tally for this item (“Proposal 16: Proposal regarding the approval of a capital authorization for share-based incentive plans.”): 365,093,466 for, 66,223,395 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 41% for, 7% against (48.8% of the company cast a for/against vote).

The 66 asset managers below cast 72% of the shares they voted on this item FOR (142,208,045 for, 55,043,773 against).

FOR 72%AGAINST 28%

FOR: 142,208,045 (72.1%)AGAINST: 55,043,773 (27.9%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “13B Approval of Capital Authorization for Share-Based Incentive Plans” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	87,949,842	0	For
Capital Group	0	20,297,589	Against
American Century	0	18,895,329	Against
NEW ECONOMY FUND	0	15,531,560	Against
BlackRock	13,403,402	0	For
Charles Schwab	12,233,111	0	For
VanEck ETF Trust	10,614,646	0	For
Equitable	1,897,713	0	For
MADISON FUNDS	1,700,000	0	For
AIG/SunAmerica	1,242,367	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Fidelity	750,364	0	For
BNY Mellon	689,500	0	For
Managed Portfolio Series	660,200	0	For
Lincoln Financial	620,015	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Pacific Life	380,588	122,671	For
Goldman Sachs	491,496	0	For
Northern Trust	447,614	0	For
Global X	438,140	0	For
First Trust	434,672	0	For
Russell Investments	402,373	0	For
TIAA	395,202	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

7. APPROVAL OF SHARES AUTHORIZED FOR ISSUANCE

CAPITAL STRUCTUREMajority of the votes cast: yes

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 510,576,659AGAINST: 48,792,121

TRANSOCEAN LTD.’s own tally for this item (“Proposal 6: Proposal regarding the approval of Shares authorized for issuance.”): 510,576,659 for, 48,792,121 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 58% for, 6% against (63% of the company cast a for/against vote).

The 65 asset managers below cast 99.9% of the shares they voted on this item FOR (197,251,480 for, 17,982 against).

FOR 99.9%

FOR: 197,251,480 (100.0%)AGAINST: 17,982 (0.0%)

Largest asset managers voting on “APPROVAL OF SHARES AUTHORIZED FOR ISSUANCE” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

8. Approval of (A) the 2024 Annual Report, including the Audited Consolidated Financial Statements of Transocean Ltd. for Fiscal Year 2024 and the Audited Statutory Financial Statements of Transocean Ltd. for Fiscal Year 2024, (B) the Swiss Statutory Compensation Report for Fiscal Year 2024 and (C) the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2024: 1A Approval of the 2024 Annua

CORPORATE GOVERNANCEMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 554,001,582AGAINST: 7,632,461

TRANSOCEAN LTD.’s own tally for this item (“Proposal 1: Proposal regarding the approval of the 2024 Annual Report, including the Audited Consolidated Financial Statements of Transocean Ltd. for Fiscal Year 2024 and the Audited Statutory Financial Statements of Tra”): 554,001,582 for, 7,632,461 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 63% for, 0.9% against (64% of the company cast a for/against vote).

The 65 asset managers below cast 100% of the shares they voted on this item FOR (197,586,287 for, 0 against).

FOR 99.9%

FOR: 197,586,287 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Approval of (A) the 2024 Annual Report, including the Audited Consolidated Financial Statements of Transocean ” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

9. 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

AUDIT-RELATEDMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 532,253,356AGAINST: 29,935,196

TRANSOCEAN LTD.’s own tally for this item (“Proposal 11: Proposal regarding the 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 Audi”): 532,253,356 for, 29,935,196 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 60% for, 3% against (64% of the company cast a for/against vote).

The 65 asset managers below cast 99.6% of the shares they voted on this item FOR (196,931,781 for, 654,506 against).

FOR 99.6%

FOR: 196,931,781 (99.7%)AGAINST: 654,506 (0.3%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “RATIFICATION OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YE” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	87,949,842	0	For
Capital Group	20,297,589	0	For
American Century	18,895,329	0	For
NEW ECONOMY FUND	15,531,560	0	For
BlackRock	13,403,402	0	For
Charles Schwab	12,233,111	0	For
VanEck ETF Trust	10,614,646	0	For
Equitable	1,897,713	0	For
MADISON FUNDS	1,700,000	0	For
AIG/SunAmerica	1,242,367	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Fidelity	750,364	0	For
BNY Mellon	38,217	651,283	Against
Managed Portfolio Series	660,200	0	For
Lincoln Financial	620,015	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Pacific Life	503,259	0	For
Goldman Sachs	491,496	0	For
Northern Trust	447,614	0	For
Global X	438,140	0	For
First Trust	434,672	0	For
Russell Investments	402,373	0	For
TIAA	395,202	0	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

10. 1C Approval of the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2024

CORPORATE GOVERNANCEENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEDIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: yes

98% Majority: yes · of votes cast

FOR 98%

FOR: 550,984,933AGAINST: 9,291,299

TRANSOCEAN LTD.’s own tally for this item (“Proposal 3: Proposal regarding the advisory vote to approve the Non-Financial Matters Report for Fiscal Year 2024.”): 550,984,933 for, 9,291,299 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 62% for, 1% against (63% of the company cast a for/against vote).

The 64 asset managers below cast 99.9% of the shares they voted on this item FOR (195,997,109 for, 4,187 against).

FOR 99.3%

FOR: 195,997,109 (99.4%)AGAINST: 4,187 (0.0%)ABSTAIN: 1,260,349 (0.6%)

Largest asset managers voting on “1C Approval of the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2024” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	87,949,842	0	For
Capital Group	20,297,589	0	For
American Century	18,895,329	0	For
NEW ECONOMY FUND	15,531,560	0	For
BlackRock	13,403,402	0	For
Charles Schwab	12,233,111	0	For
VanEck ETF Trust	10,614,646	0	For
Equitable	1,897,713	0	For
MADISON FUNDS	1,700,000	0	For
AIG/SunAmerica	0	1,242,367	Abstain
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Fidelity	750,364	0	For
BNY Mellon	689,500	0	For
Managed Portfolio Series	660,200	0	For
Lincoln Financial	620,015	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Pacific Life	503,259	0	For
Goldman Sachs	491,496	0	For
Northern Trust	447,614	0	For
Global X	438,140	0	For
First Trust	434,672	0	For
Russell Investments	402,373	0	For
TIAA	395,202	0	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

11. Amendment of the Articles of Association to Increase the Maximum Number of Members of the Board of Directors to 12 from 11 for a One-Year Period

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Amendment of the Articles of Association to Increase the Maximum Number of Members of the Board of Directors t” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

12. APPROPRIATION OF THE ACCUMULATED LOSSES FOR FISCAL YEAR 2024

CORPORATE GOVERNANCEMajority of the votes cast: yes

98% Majority: yes · of votes cast

FOR 98%

FOR: 548,944,214AGAINST: 11,172,995

TRANSOCEAN LTD.’s own tally for this item (“Proposal 5: Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2024.”): 548,944,214 for, 11,172,995 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 62% for, 1% against (63% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “APPROPRIATION OF THE ACCUMULATED LOSSES FOR FISCAL YEAR 2024” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

13. DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE EXECUTIVE MANAGEMENT TEAM FROM LIABILITY FOR ACTIVITIES DURING FISCAL YEAR 2024

CORPORATE GOVERNANCEMajority of the votes cast: yes

98% Majority: yes · of votes cast

FOR 98%

FOR: 409,328,374AGAINST: 8,055,174

TRANSOCEAN LTD.’s own tally for this item (“Proposal 4: Proposal regarding the discharge of the Members of the Board of Directors and the Executive Management Team from liability for activities during Fiscal Year 2024.”): 409,328,374 for, 8,055,174 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 46.3% for, 1.0% against (47.3% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE EXECUTIVE MANAGEMENT TEAM FROM LIABILITY FOR ACTIVI” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

14. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Chadwick C. Deaton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 422,782,508AGAINST: 8,435,163

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: Chadwick C. Deaton”): 422,782,508 for, 8,435,163 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.9% for, 1.0% against (48.8% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Chadw” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

15. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Domenic J. "Nick" Dell'Osso, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 423,629,397AGAINST: 7,613,185

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: Domenic J. "Nick" Dell'Osso, Jr.”): 423,629,397 for, 7,613,185 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 48.0% for, 0.9% against (48.8% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Domen” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

16. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederico F. Curado

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

90% fund support · no official result

FOR 90%10%

The 64 asset managers below cast 90% of the shares they voted on this item FOR (177,283,612 for, 19,960,051 against).

FOR: 177,283,612 (89.9%)AGAINST: 19,960,051 (10.1%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frede” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	87,949,842	0	For
Capital Group	20,297,589	0	For
American Century	18,895,329	0	For
NEW ECONOMY FUND	15,531,560	0	For
BlackRock	8,224,770	5,178,632	For
Charles Schwab	12,233,111	0	For
VanEck ETF Trust	0	10,614,646	Against
Equitable	1,897,713	0	For
MADISON FUNDS	0	1,700,000	Against
AIG/SunAmerica	1,242,367	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Fidelity	738,131	12,233	For
BNY Mellon	38,217	651,283	Against
Managed Portfolio Series	660,200	0	For
Lincoln Financial	620,015	0	For
MASTER INVESTMENT PORTFOLIO	0	573,722	Against
Pacific Life	503,259	0	For
Goldman Sachs	491,496	0	For
Northern Trust	447,614	0	For
Global X	0	438,140	Against
First Trust	434,672	0	For
Russell Investments	0	402,373	Against
TIAA	395,202	0	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

17. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederik W. Mohn

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 423,344,019AGAINST: 7,879,909

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: Frederik W. Mohn”): 423,344,019 for, 7,879,909 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.9% for, 0.9% against (48.8% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frede” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

18. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn A. Barker

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 420,729,079AGAINST: 10,448,180

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: Glyn A. Barker”): 420,729,079 for, 10,448,180 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.6% for, 1% against (48.8% of the company cast a for/against vote).

The 64 asset managers below cast 99.9% of the shares they voted on this item FOR (197,240,440 for, 3,223 against).

FOR 99.9%

FOR: 197,240,440 (100.0%)AGAINST: 3,223 (0.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn ” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

19. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Jeremy D. Thigpen

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 64 asset managers below cast 99.9% of the shares they voted on this item FOR (197,240,440 for, 3,223 against).

FOR: 197,240,440 (100.0%)AGAINST: 3,223 (0.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Jerem” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

20. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Keelan I. Adamson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 422,348,489AGAINST: 8,883,383

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: Keelan I. Adamson”): 422,348,489 for, 8,883,383 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.8% for, 1% against (48.8% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Keela” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

21. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Samuel J. Merksamer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 422,489,295AGAINST: 8,719,070

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: Samuel J. Merksamer”): 422,489,295 for, 8,719,070 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.8% for, 1.0% against (48.8% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Samue” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

22. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vanessa C.L. Chang

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 64 asset managers below cast 99.9% of the shares they voted on this item FOR (197,240,440 for, 3,223 against).

FOR: 197,240,440 (100.0%)AGAINST: 3,223 (0.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vanes” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

23. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vincent J. Intrieri

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 423,162,858AGAINST: 7,996,503

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: Vincent J. Intrieri”): 423,162,858 for, 7,996,503 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 47.9% for, 1.0% against (48.8% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vince” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

24. 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

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 64 asset managers below cast 99.9% of the shares they voted on this item FOR (197,240,440 for, 3,223 against).

FOR: 197,240,440 (100.0%)AGAINST: 3,223 (0.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “ELECTION OF JEREMY D. THIGPEN AS THE CHAIR OF THE BOARD OF DIRECTORS FOR A TERM EXTENDING UNTIL COMPLETION OF ” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

25. 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 2025 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.

SHAREHOLDER RIGHTS AND DEFENSES

19% fund support · no official result

FOR 19%AGAINST 81%

The 64 asset managers below cast 19% of the shares they voted on this item FOR (36,827,046 for, 160,391,431 against).

FOR: 36,827,046 (18.7%)AGAINST: 160,391,431 (81.3%)ABSTAIN: 43,168 (0.0%)

Largest asset managers voting on “IF ANY MODIFICATIONS TO AGENDA ITEMS OR PROPOSALS IDENTIFIED IN THE NOTICE OF MEETING OR OTHER MATTERS ON WHIC” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	87,949,842	Against
Capital Group	20,297,589	0	For
American Century	0	18,895,329	Against
NEW ECONOMY FUND	15,531,560	0	For
BlackRock	0	13,403,402	Against
Charles Schwab	0	12,233,111	Against
VanEck ETF Trust	0	10,614,646	Against
Equitable	0	1,897,713	Against
MADISON FUNDS	0	1,700,000	Against
AIG/SunAmerica	0	1,242,367	Against
PRIMECAP Odyssey Funds	0	1,135,000	Against
Jackson National	0	1,094,682	Against
QUANTITATIVE MASTER SERIES LLC	0	875,667	Against
Fidelity	0	750,364	Against
BNY Mellon	0	689,500	Against
Managed Portfolio Series	660,200	0	For
Lincoln Financial	0	620,015	Against
MASTER INVESTMENT PORTFOLIO	0	573,722	Against
Pacific Life	0	503,259	Against
Goldman Sachs	0	491,496	Against
Northern Trust	0	447,614	Against
Global X	0	438,140	Against
First Trust	0	434,672	Against
Russell Investments	0	402,373	Against
TIAA	0	395,202	Against

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

26. REELECTION OF SCHWEIGER ADVOKATUR/NOTARIAT AS THE INDEPENDENT PROXY FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING

DIRECTOR ELECTIONSMajority of the votes cast: yes

98% Majority: yes · of votes cast

FOR 98%

FOR: 549,368,014AGAINST: 9,405,277

TRANSOCEAN LTD.’s own tally for this item (“Proposal 10: Proposal regarding the reelection of the independent proxy for a term extending until completion of the next Annual General Meeting.”): 549,368,014 for, 9,405,277 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 62% for, 1% against (63% of the company cast a for/against vote).

The 64 asset managers below cast 100% of the shares they voted on this item FOR (197,243,663 for, 0 against).

FOR 99.9%

FOR: 197,243,663 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “REELECTION OF SCHWEIGER ADVOKATUR/NOTARIAT AS THE INDEPENDENT PROXY FOR A TERM EXTENDING UNTIL COMPLETION OF T” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

27. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: William F. "Bill" Lacey

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 424,992,760AGAINST: 6,235,024

TRANSOCEAN LTD.’s own tally for this item (“Elect Director: William F. "Bill" Lacey”): 424,992,760 for, 6,235,024 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 883,261,456 outstanding shares: 48.1% for, 0.8% against (48.8% of the company cast a for/against vote).

The 62 asset managers below cast 100% of the shares they voted on this item FOR (197,236,253 for, 0 against).

FOR 99.9%

FOR: 197,236,253 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Willi” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
BlackRock	13,403,402	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
MADISON FUNDS	1,700,000	For
AIG/SunAmerica	1,242,367	For
PRIMECAP Odyssey Funds	1,135,000	For
Jackson National	1,094,682	For
QUANTITATIVE MASTER SERIES LLC	875,667	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Managed Portfolio Series	660,200	For
Lincoln Financial	620,015	For
MASTER INVESTMENT PORTFOLIO	573,722	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

28. Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Margareth Ovrum

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 42 asset managers below cast 100% of the shares they voted on this item FOR (176,007,296 for, 0 against).

FOR: 176,007,296 (100.0%)ABSTAIN: 17,982 (0.0%)

Largest asset managers voting on “Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Marga” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	87,949,842	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
Charles Schwab	12,233,111	For
VanEck ETF Trust	10,614,646	For
Equitable	1,897,713	For
AIG/SunAmerica	1,242,367	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
Global X	438,140	For
First Trust	434,672	For
Russell Investments	402,373	For
TIAA	395,202	For
Nuveen	311,038	For
ProShares	256,459	For
Dimensional	231,528	For
FundVantage Trust	197,997	For
Clough Global Opportunities Fund	183,795	For
Nationwide	181,824	For
T. Rowe Price	172,843	For
State Street	160,001	For

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

29. Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederico F. Curado

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 37 asset managers below cast 100% of the shares they voted on this item FOR (140,632,137 for, 0 against).

FOR: 140,632,137 (100.0%)

Largest asset managers voting on “Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next ” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	76,056,742	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
Equitable	1,897,713	For
AIG/SunAmerica	1,242,367	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Lincoln Financial	620,015	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
First Trust	434,672	For
TIAA	395,202	For
Nuveen	311,038	For
ProShares	256,459	For
Dimensional	231,528	For
FundVantage Trust	197,997	For
T. Rowe Price	172,843	For
Nationwide	164,397	For
State Street	160,001	For
Guggenheim	156,814	For
EXCHANGE TRADED CONCEPTS TRUST	123,115	For
DWS	112,809	For
Blackstone Alternative Investment Funds	106,033	For

Showing the 25 largest of 37 asset managers. See all 37 in the interactive database.

30. Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn A. Barker

DIRECTOR ELECTIONSCORPORATE GOVERNANCEMajority of the votes cast: yes

98% Majority: yes · of votes cast

FOR 98%

FOR: 420,729,079AGAINST: 10,448,180

The 37 asset managers below cast 100% of the shares they voted on this item FOR (140,632,137 for, 0 against).

FOR 100%

FOR: 140,632,137 (100.0%)

Largest asset managers voting on “Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next ” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	76,056,742	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
Equitable	1,897,713	For
AIG/SunAmerica	1,242,367	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Lincoln Financial	620,015	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
First Trust	434,672	For
TIAA	395,202	For
Nuveen	311,038	For
ProShares	256,459	For
Dimensional	231,528	For
FundVantage Trust	197,997	For
T. Rowe Price	172,843	For
Nationwide	164,397	For
State Street	160,001	For
Guggenheim	156,814	For
EXCHANGE TRADED CONCEPTS TRUST	123,115	For
DWS	112,809	For
Blackstone Alternative Investment Funds	106,033	For

Showing the 25 largest of 37 asset managers. See all 37 in the interactive database.

31. Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vanessa C.L. Chang

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 37 asset managers below cast 100% of the shares they voted on this item FOR (140,632,137 for, 0 against).

FOR: 140,632,137 (100.0%)

Largest asset managers voting on “Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next ” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Vote
Vanguard	76,056,742	For
Capital Group	20,297,589	For
American Century	18,895,329	For
NEW ECONOMY FUND	15,531,560	For
Equitable	1,897,713	For
AIG/SunAmerica	1,242,367	For
Fidelity	750,364	For
BNY Mellon	689,500	For
Lincoln Financial	620,015	For
Pacific Life	503,259	For
Goldman Sachs	491,496	For
Northern Trust	447,614	For
First Trust	434,672	For
TIAA	395,202	For
Nuveen	311,038	For
ProShares	256,459	For
Dimensional	231,528	For
FundVantage Trust	197,997	For
T. Rowe Price	172,843	For
Nationwide	164,397	For
State Street	160,001	For
Guggenheim	156,814	For
EXCHANGE TRADED CONCEPTS TRUST	123,115	For
DWS	112,809	For
Blackstone Alternative Investment Funds	106,033	For

Showing the 25 largest of 37 asset managers. See all 37 in the interactive database.

32. Election of Director: Margareth Øvrum

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (21,211,181 for, 0 against).

FOR: 21,211,181 (99.9%)ABSTAIN: 25,186 (0.1%)

Largest asset managers voting on “Election of Director: Margareth Øvrum” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	13,403,402	0	For
MADISON FUNDS	1,700,000	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Managed Portfolio Series	660,200	0	For
Lincoln Financial	620,015	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Bridge Builder Trust	340,350	0	For
John Hancock	225,627	0	For
TRUST FOR PROFESSIONAL MANAGERS	193,063	0	For
Madison ETFs Trust	135,000	0	For
Blackstone Alternative Investment Funds	106,033	0	For
EA Series Trust	27,874	25,186	For
JPMorgan	45,750	0	For
SA FUNDS INVESTMENT TRUST	43,549	0	For
Allianz	21,064	0	For
TIMOTHY PLAN	4,187	0	For
Advisors' Inner Circle Fund III	3,223	0	For
WILSHIRE MUTUAL FUNDS INC	1,810	0	For
CITY NATIONAL ROCHDALE FUNDS	567	0	For
Brighthouse	275	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For

33. ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING: GLYN A. BARKER

DIRECTOR ELECTIONSMajority of the votes cast: yes

98% Majority: yes · of votes cast

FOR 98%

FOR: 420,729,079AGAINST: 10,448,180

The 23 asset managers below cast 99.9% of the shares they voted on this item FOR (21,041,013 for, 3,223 against).

FOR 99.9%

FOR: 21,041,013 (100.0%)AGAINST: 3,223 (0.0%)

Largest asset managers voting on “ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
BlackRock	13,403,402	0	For
MADISON FUNDS	1,700,000	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Managed Portfolio Series	660,200	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Bridge Builder Trust	340,350	0	For
Summit Trail Advisors, LLC	304,169	0	For
John Hancock	225,627	0	For
TRUST FOR PROFESSIONAL MANAGERS	193,063	0	For
Clough Global Opportunities Fund	183,795	0	For
Madison ETFs Trust	135,000	0	For
Clough Global Equity Fund	88,577	0	For
EA Series Trust	53,060	0	For
JPMorgan	45,750	0	For
Allianz	21,064	0	For
TIMOTHY PLAN	4,187	0	For
Advisors' Inner Circle Fund III	0	3,223	Against
WILSHIRE MUTUAL FUNDS INC	1,810	0	For
EXENCIAL WEALTH ADVISORS, LLC	1,200	0	For
CITY NATIONAL ROCHDALE FUNDS	567	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For

34. ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING: VANESSA C.L. CHANG

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 23 asset managers below cast 99.9% of the shares they voted on this item FOR (21,041,013 for, 3,223 against).

FOR: 21,041,013 (100.0%)AGAINST: 3,223 (0.0%)

Largest asset managers voting on “ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
BlackRock	13,403,402	0	For
MADISON FUNDS	1,700,000	0	For
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Managed Portfolio Series	660,200	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Bridge Builder Trust	340,350	0	For
Summit Trail Advisors, LLC	304,169	0	For
John Hancock	225,627	0	For
TRUST FOR PROFESSIONAL MANAGERS	193,063	0	For
Clough Global Opportunities Fund	183,795	0	For
Madison ETFs Trust	135,000	0	For
Clough Global Equity Fund	88,577	0	For
EA Series Trust	53,060	0	For
JPMorgan	45,750	0	For
Allianz	21,064	0	For
TIMOTHY PLAN	4,187	0	For
Advisors' Inner Circle Fund III	0	3,223	Against
WILSHIRE MUTUAL FUNDS INC	1,810	0	For
EXENCIAL WEALTH ADVISORS, LLC	1,200	0	For
CITY NATIONAL ROCHDALE FUNDS	567	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For

35. ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING: FREDERICO F. CURADO

DIRECTOR ELECTIONS

91% fund support · no official result

FOR 91%9%

The 22 asset managers below cast 91% of the shares they voted on this item FOR (18,902,569 for, 1,837,498 against).

FOR: 18,902,569 (91.1%)AGAINST: 1,837,498 (8.9%)

Largest asset managers voting on “ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
BlackRock	13,403,402	0	For
MADISON FUNDS	0	1,700,000	Against
PRIMECAP Odyssey Funds	1,135,000	0	For
Jackson National	1,094,682	0	For
QUANTITATIVE MASTER SERIES LLC	875,667	0	For
Managed Portfolio Series	660,200	0	For
MASTER INVESTMENT PORTFOLIO	573,722	0	For
Bridge Builder Trust	340,350	0	For
John Hancock	225,627	0	For
TRUST FOR PROFESSIONAL MANAGERS	193,063	0	For
Clough Global Opportunities Fund	183,795	0	For
Madison ETFs Trust	0	135,000	Against
Clough Global Equity Fund	88,577	0	For
EA Series Trust	53,060	0	For
JPMorgan	45,750	0	For
Allianz	21,064	0	For
TIMOTHY PLAN	4,187	0	For
Advisors' Inner Circle Fund III	3,223	0	For
WILSHIRE MUTUAL FUNDS INC	0	1,810	Against
EXENCIAL WEALTH ADVISORS, LLC	1,200	0	For
CITY NATIONAL ROCHDALE FUNDS	0	567	Against
HIGHLAND GLOBAL ALLOCATION FUND	0	121	Against

36. Election of the member of the Compensation Committee, each for a term extending until completion of the next Annual General Meeting: Frederico F. Curado

CORPORATE GOVERNANCE

67% fund support · no official result

FOR 67%AGAINST 33%

The 10 asset managers below cast 67% of the shares they voted on this item FOR (24,126,211 for, 11,746,448 against).

FOR: 24,126,211 (67.2%)AGAINST: 11,746,448 (32.7%)ABSTAIN: 17,982 (0.1%)

Largest asset managers voting on “Election of the member of the Compensation Committee, each for a term extending until completion of the next A” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Abstain	Vote
Charles Schwab	12,233,111	0	0	For
Vanguard	11,893,100	0	0	For
VanEck ETF Trust	0	10,614,646	0	Against
Global X	0	438,140	0	Against
Russell Investments	0	402,373	0	Against
SEI	0	155,996	0	Against
Prudential/PGIM	0	97,400	0	Against
NEW COVENANT FUNDS	0	20,466	0	Against
Brighthouse	0	0	17,982	Abstain
Nationwide	0	17,427	0	Against

37. Election of the member of the Compensation Committee, each for a term extending until completion of the next Annual General Meeting: Glyn A. Barker

CORPORATE GOVERNANCEMajority of the votes cast: yes

98% Majority: yes · of votes cast

FOR 98%

FOR: 420,729,079AGAINST: 10,448,180

The 10 asset managers below cast 100% of the shares they voted on this item FOR (35,872,659 for, 0 against).

FOR 99.9%

FOR: 35,872,659 (99.9%)ABSTAIN: 17,982 (0.1%)

Largest asset managers voting on “Election of the member of the Compensation Committee, each for a term extending until completion of the next A” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Abstain	Vote
Charles Schwab	12,233,111	0	For
Vanguard	11,893,100	0	For
VanEck ETF Trust	10,614,646	0	For
Global X	438,140	0	For
Russell Investments	402,373	0	For
SEI	155,996	0	For
Prudential/PGIM	97,400	0	For
NEW COVENANT FUNDS	20,466	0	For
Brighthouse	0	17,982	Abstain
Nationwide	17,427	0	For

38. 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

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 10 asset managers below cast 100% of the shares they voted on this item FOR (35,872,659 for, 0 against).

FOR: 35,872,659 (99.9%)ABSTAIN: 17,982 (0.1%)

Largest asset managers voting on “Election of the member of the Compensation Committee, each for a term extending until completion of the next A” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Abstain	Vote
Charles Schwab	12,233,111	0	For
Vanguard	11,893,100	0	For
VanEck ETF Trust	10,614,646	0	For
Global X	438,140	0	For
Russell Investments	402,373	0	For
SEI	155,996	0	For
Prudential/PGIM	97,400	0	For
NEW COVENANT FUNDS	20,466	0	For
Brighthouse	0	17,982	Abstain
Nationwide	17,427	0	For

39. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

99% fund support · no official result

FOR 99%

The 5 asset managers below cast 99% of the shares they voted on this item FOR (377,580 for, 5,000 against).

FOR: 377,580 (98.7%)AGAINST: 5,000 (1.3%)

Largest asset managers voting on “14A Executive Compensation” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Vote
RBB Fund Trust	342,624	0	For
Focus Partners Wealth	34,600	100	For
COURIER CAPITAL LLC	0	4,900	Against
BOURNE LENT ASSET MANAGEMENT INC	350	0	For
Blue Fin Capital, Inc.	6	0	For

40. APPROVE REMUNERATION REPORT

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 65%ABSTAIN 35%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (4,839,280 for, 0 against).

FOR: 4,839,280 (64.8%)ABSTAIN: 2,625,934 (35.2%)

Largest asset managers voting on “APPROVE REMUNERATION REPORT” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
BlackRock	4,414,458	0	2,625,934	0	For
JPMorgan	424,822	0	0	0	For

Showing the 40 reported items with the widest manager coverage, of 42 in total. View every item.

Largest TRANSOCEAN LTD. shareholders voting in 2024-2025

Ranked by the number of TRANSOCEAN LTD. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 883,261,456 shares outstanding at the time of that meeting.

Top TRANSOCEAN LTD. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	10.17%
2	Capital Group	6.45%
3	BlackRock	5.42%
4	American Century	4.37%
5	Charles Schwab	2.77%
6	Pilgrim Global Advisors LLC	1.99%
7	NEW ECONOMY FUND	1.76%
8	PRIMECAP MANAGEMENT CO/CA/	1.54%
9	KEYBANK NATIONAL ASSOCIATION/OH	1.30%
10	Two Sigma	1.26%

Reported TRANSOCEAN LTD. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

TRANSOCEAN LTD. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Perestroika AS	10.93%	13D
Vanguard Group	8.90%	13F
BlackRock	8.19%	13F
Dimensional Fund Advisors	4.60%	13F
State Street	2.36%	13F
Geode Capital	2.01%	13F
Two Sigma	1.55%	13F
PRIMECAP MANAGEMENT CO/CA/	1.49%	13G
Transocean Ltd.	1.42%	13D
Goldman Sachs	1.38%	13F

Percentages above are of 883,261,456 shares outstanding, as reported by TRANSOCEAN LTD. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from TRANSOCEAN LTD.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At TRANSOCEAN LTD.'s shareholder meeting held 2025-05-30, in the 2024-2025 proxy season, 340 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,567 separate fund positions. Their filings are grouped here into 42 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory Vote to Approve Named Executive Officer Compensation for Fiscal Year 2025 — FOR was 88% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: TRANSOCEAN LTD.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

TRANSOCEAN LTD. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.