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Transocean Ltd. 2025-2026 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.

53Reported items
428Asset managers
8,053Fund votes
2026-05-22Meeting date

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

Explore Transocean Ltd. in the interactive database Compare manager voting policies

Official 2025-2026 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 2026-05-22
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Proposal 1: (A) Proposal regarding the approval of the 2025 Annual Report, including the Audited Consolidated Financial Statements of the Company. for Fiscal Year 2025 and the Audited Statutory Financial Statements of the Company for Fiscal Year 2025.	750,552,296	2,419,638	2,287,396	--	--	Majority: yes
Proposal 2: Proposal regarding the discharge of the Members of the Board of Directors and the Executive Management Team from liability for activities during Fiscal Year 2025.	598,427,310	16,840,333	13,706,944	--	126,284,743	Majority: yes
Proposal 3: Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2025.	736,519,216	15,910,244	2,829,870	--	--	Majority: yes
Proposal 4: Proposal regarding the approval of Shares authorized for issuance.	689,986,288	25,485,761	39,787,281	--	--	Majority: yes
Proposal 5: Proposals regarding the election of 11 directors, each for a term extending until completion of the next Annual General Meeting.	610,939,692	16,971,385	1,063,510	--	126,284,743	Majority: yes
Elect Director: Jeremy D. Thigpen	605,505,060	22,409,695	1,059,832	--	126,284,743	Majority: yes
Elect Director: Glyn A. Barker	605,476,279	22,346,063	1,152,245	--	126,284,743	Majority: yes
Elect Director: Vanessa C.L. Chang	606,659,268	21,153,557	1,161,762	--	126,284,743	Majority: yes
Elect Director: Frederico F. Curado	547,602,610	80,174,728	1,197,249	--	126,284,743	Majority: yes
Proposal 8: Proposal regarding the reelection of the independent proxy for a term extending until completion of the next Annual General Meeting.	748,971,747	4,256,253	2,031,330	--	--	Majority: yes
Proposal 9: Proposal regarding the ratification of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for Fiscal Year 2026 and reelection of Ernst & Young Ltd, Zurich, as the Company's Auditor for a further one-year term.	692,652,694	61,460,892	1,145,744	--	--	Majority: yes
Proposal 10: Proposal regarding the advisory vote to approve Named Executive Officer compensation for Fiscal Year 2026.	486,932,557	102,138,948	39,903,082	--	126,284,743	Majority: yes
Proposal 11: (A) Proposal regarding the 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.	610,150,514	16,616,139	2,207,934	--	126,284,743	Majority: yes

Source: Transocean Ltd., Form 8-K — read the filing on EDGAR.

How asset managers voted at the Transocean Ltd. 2025-2026 meeting

Each item below shows how the 428 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 2026

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

Meeting held 2026-05-22.

Combines 8 wordings of this item as funds reported it.

83% Majority: yes · of votes cast

FOR 83%AGAINST 17%

FOR: 486,932,557AGAINST: 102,138,948

Transocean Ltd.’s own tally for this item (“Proposal 10: Proposal regarding the advisory vote to approve Named Executive Officer compensation for Fiscal Year 2026.”): 486,932,557 for, 102,138,948 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 1,107,000,000 outstanding shares: 44% for, 9% against (53.2% of the company cast a for/against vote).

The 420 asset managers below cast 79% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 79%AGAINST 21%

FOR: 79.2%AGAINST: 20.6%ABSTAIN: 0.1%NOT VOTED: 0.1%

Largest asset managers voting on “ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION FOR FISCAL YEAR 2026” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	99,548,737	5,142,666	360	For
BlackRock	55,912,350	86,949	0	For
Capital Group	51,342,957	0	0	For
American Century	44,139,122	0	0	For
Charles Schwab	38,870,493	0	0	For
VAN ECK ASSOCIATES CORP	0	31,990,831	0	Against
VanEck ETF Trust	0	31,990,831	0	Against
Pilgrim Global Advisors LLC	23,913,120	0	0	For
Slate Path Capital LP	23,643,876	0	0	For
State Street	22,107,296	34,940	0	For
Dalal Street, LLC	20,243,372	0	0	For
Fidelity	6,919,104	11,154,242	0	Against
Dimensional	0	11,852,812	0	Against
GENDELL JEFFREY L	0	11,840,833	0	Against
KEYBANK NATIONAL ASSOCIATION/OH	11,263,801	0	0	For
MARSHALL WACE, LLP	9,349,668	532,618	0	For
DE Shaw	9,600,488	0	0	For
Castle Hook Partners LP	8,255,074	0	0	For
Invesco	7,829,857	0	0	For
Ninepoint Partners LP	7,000,000	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Canoe Financial LP	6,333,300	0	0	For
PRIMECAP MANAGEMENT CO/CA/	0	5,176,580	0	Against
Northern Trust	4,643,728	0	0	For
Solus Alternative Asset Management LP	4,470,000	0	0	For

Showing the 25 largest of 420 asset managers. See all 420 in the interactive database.

2. Prospective Vote on the Maximum Compensation of (A) the Board of Directors and (B) the Executive Management Team 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

COMPENSATIONMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 610,150,514AGAINST: 16,616,139

Transocean Ltd.’s own tally for this item (“Proposal 11: (A) Proposal regarding the 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.”): 610,150,514 for, 16,616,139 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 1,107,000,000 outstanding shares: 55% for, 2% against (57% of the company cast a for/against vote).

The 86 asset managers below cast 99.9% of the shares they voted on this item FOR (294,759,122 for, 152 against).

FOR 99.8%

FOR: 294,759,122 (99.8%)AGAINST: 152 (0.0%)ABSTAIN: 451,980 (0.2%)

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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,369	152	19	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Dalal Street, LLC	20,243,372	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

3. Ratification of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for Fiscal Year 2026 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

Meeting held 2026-05-22.

Combines 4 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 692,652,694AGAINST: 61,460,892

Transocean Ltd.’s own tally for this item (“Proposal 9: Proposal regarding the ratification of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for Fiscal Year 2026 and reelection of Ernst & Young Ltd, Zurich, as the Company's Audit”): 692,652,694 for, 61,460,892 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 1,107,000,000 outstanding shares: 63% for, 6% against (68% of the company cast a for/against vote).

The 80 asset managers below cast 99.7% of the shares they voted on this item FOR (273,828,865 for, 575,963 against).

FOR 99.7%

FOR: 273,828,865 (99.8%)AGAINST: 575,963 (0.2%)ABSTAIN: 6 (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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,603,203	52,330	6	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 80 asset managers. See all 80 in the interactive database.

4. 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 ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 605,505,060AGAINST: 22,409,695

Transocean Ltd.’s own tally for this item (“Elect Director: Jeremy D. Thigpen”): 605,505,060 for, 22,409,695 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 1,107,000,000 outstanding shares: 54.7% for, 2% against (57% of the company cast a for/against vote).

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (274,125,320 for, 249,807 against).

FOR 99.9%

FOR: 274,125,320 (99.9%)AGAINST: 249,807 (0.1%)ABSTAIN: 9 (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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,856	104,676	9	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

5. Reelection of Schweiger Advokatur/Notariat as the Independent Proxy for a Term Extending Until Completion of the Next Annual General Meeting

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2026-05-22.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 748,971,747AGAINST: 4,256,253

Transocean Ltd.’s own tally for this item (“Proposal 8: Proposal regarding the reelection of the independent proxy for a term extending until completion of the next Annual General Meeting.”): 748,971,747 for, 4,256,253 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 1,107,000,000 outstanding shares: 68% for, 0.4% against (68% of the company cast a for/against vote).

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (274,374,997 for, 15 against).

FOR 99.9%

FOR: 274,374,997 (100.0%)AGAINST: 15 (0.0%)ABSTAIN: 122 (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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,402	15	122	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

6. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederico F. Curado

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 4 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%13%

FOR: 547,602,610AGAINST: 80,174,728

Transocean Ltd.’s own tally for this item (“Elect Director: Frederico F. Curado”): 547,602,610 for, 80,174,728 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 1,107,000,000 outstanding shares: 49.5% for, 7% against (57% of the company cast a for/against vote).

The 79 asset managers below cast 83% of the shares they voted on this item FOR (228,212,028 for, 46,163,099 against).

FOR 83%AGAINST 17%

FOR: 228,212,028 (83.2%)AGAINST: 46,163,099 (16.8%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frede” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,498,477	157,055	9	For
VanEck ETF Trust	0	31,990,831	0	Against
BlackRock	25,449,049	3,111,229	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,765,374	147,471	0	For
State Street	3,741,455	0	0	For
TIAA	0	3,450,697	0	Against
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	0	1,700,000	0	Against
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	0	1,140,000	0	Against
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	0	868,370	0	Against
Global X	0	836,880	0	Against
SEI	0	832,505	0	Against
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

7. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn A. Barker

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 3 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 605,476,279AGAINST: 22,346,063

Transocean Ltd.’s own tally for this item (“Elect Director: Glyn A. Barker”): 605,476,279 for, 22,346,063 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 1,107,000,000 outstanding shares: 54.7% for, 2% against (57% of the company cast a for/against vote).

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (274,125,317 for, 249,809 against).

FOR 99.9%

FOR: 274,125,317 (99.9%)AGAINST: 249,809 (0.1%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn ” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,853	104,678	9	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

8. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vanessa C.L. Chang

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 606,659,268AGAINST: 21,153,557

Transocean Ltd.’s own tally for this item (“Elect Director: Vanessa C.L. Chang”): 606,659,268 for, 21,153,557 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 1,107,000,000 outstanding shares: 54.8% for, 2% against (57% of the company cast a for/against vote).

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (274,125,325 for, 249,800 against).

FOR 99.9%

FOR: 274,125,325 (99.9%)AGAINST: 249,800 (0.1%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vanes” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,861	104,669	9	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

9. Discharge of the Members of the Board of Directors and the Executive Management Team from Liability for Activities During Fiscal Year 2025

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-05-22.

97% Majority: yes · of votes cast

FOR 97%

FOR: 598,427,310AGAINST: 16,840,333

Transocean Ltd.’s own tally for this item (“Proposal 2: Proposal regarding the discharge of the Members of the Board of Directors and the Executive Management Team from liability for activities during Fiscal Year 2025.”): 598,427,310 for, 16,840,333 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 1,107,000,000 outstanding shares: 54.1% for, 2% against (56% of the company cast a for/against vote).

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (274,374,823 for, 145 against).

FOR 99.9%

FOR: 274,374,823 (100.0%)AGAINST: 145 (0.0%)ABSTAIN: 167 (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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,228	145	167	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

10. Appropriation of the Accumulated Losses for Fiscal Year 2025

CAPITAL STRUCTUREMajority of the votes cast: yes

Meeting held 2026-05-22.

98% Majority: yes · of votes cast

FOR 98%

FOR: 736,519,216AGAINST: 15,910,244

Transocean Ltd.’s own tally for this item (“Proposal 3: Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2025.”): 736,519,216 for, 15,910,244 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 1,107,000,000 outstanding shares: 67% for, 1% against (68% of the company cast a for/against vote).

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (274,375,001 for, 123 against).

FOR 99.9%

FOR: 274,375,001 (100.0%)AGAINST: 123 (0.0%)ABSTAIN: 10 (0.0%)

Largest asset managers voting on “Appropriation of the Accumulated Losses for Fiscal Year 2025” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,406	123	10	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

11. Approval of Shares Authorized for Issuance

CAPITAL STRUCTUREMajority of the votes cast: yes

Meeting held 2026-05-22.

96% Majority: yes · of votes cast

FOR 96%

FOR: 689,986,288AGAINST: 25,485,761

Transocean Ltd.’s own tally for this item (“Proposal 4: Proposal regarding the approval of Shares authorized for issuance.”): 689,986,288 for, 25,485,761 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 1,107,000,000 outstanding shares: 62% for, 2% against (65% of the company cast a for/against vote).

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (274,334,501 for, 40,283 against).

FOR 99.9%

FOR: 274,334,501 (100.0%)AGAINST: 40,283 (0.0%)ABSTAIN: 352 (0.0%)

Largest asset managers voting on “Approval of Shares Authorized for Issuance” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,020	169	352	For
VanEck ETF Trust	31,990,831	0	0	For
BlackRock	28,560,278	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
MADISON FUNDS	1,700,000	0	0	For
Invesco	1,588,999	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

12. 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.

OTHER

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

2% fund support · no official result

AGAINST 98%

The 77 asset managers below cast 2% of the shares they voted on this item FOR (5,169,394 for, 269,099,189 against).

FOR: 5,169,394 (1.9%)AGAINST: 269,099,189 (98.1%)ABSTAIN: 19 (0.0%)UNKNOWN: 615 (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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	101,041	96,554,480	19	Against
VanEck ETF Trust	0	31,990,831	0	Against
BlackRock	0	28,560,278	0	Against
Capital Group	0	21,870,291	0	Against
American Century	0	21,477,695	0	Against
Charles Schwab	0	19,139,356	0	Against
Dimensional	0	9,173,079	0	Against
NEW ECONOMY FUND	0	6,977,776	0	Against
Fidelity	0	3,912,845	0	Against
State Street	0	3,741,455	0	Against
TIAA	0	3,450,697	0	Against
JPMorgan	2,227,369	0	0	For
Equitable	0	2,036,040	0	Against
MADISON FUNDS	0	1,700,000	0	Against
Invesco	0	1,588,999	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	0	For
Thrivent	0	1,160,281	0	Against
XAI Madison Equity Premium Income Fund	0	1,140,000	0	Against
Goldman Sachs	0	1,136,569	0	Against
First Trust	0	918,470	0	Against
Russell Investments	0	868,370	0	Against
Global X	0	836,880	0	Against
SEI	0	832,505	0	Against
Lincoln Financial	131,817	692,915	0	Against
AIG/SunAmerica	0	743,798	0	Against

Showing the 25 largest of 77 asset managers. See all 77 in the interactive database.

13. 1B Advisory Vote to Approve the Swiss Statutory Compensation Report for Fiscal Year 2025

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-22.

99% fund support · no official result

FOR 99%

The 73 asset managers below cast 99% of the shares they voted on this item FOR (254,855,651 for, 3,490,177 against).

FOR: 254,855,651 (98.6%)AGAINST: 3,490,177 (1.4%)ABSTAIN: 16 (0.0%)

Largest asset managers voting on “1B Advisory Vote to Approve the Swiss Statutory Compensation Report for Fiscal Year 2025” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,280	245	16	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Dalal Street, LLC	20,243,372	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	0	3,450,697	0	Against
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For

Showing the 25 largest of 73 asset managers. See all 73 in the interactive database.

14. 11B Ratification of the Maximum Aggregate Amount of Compensation of the Executive Management Team for Fiscal Year 2027

COMPENSATION

Meeting held 2026-05-22.

99.9% fund support · no official result

FOR 99.9%

The 63 asset managers below cast 99.9% of the shares they voted on this item FOR (258,369,685 for, 158 against).

FOR: 258,369,685 (100.0%)AGAINST: 158 (0.0%)ABSTAIN: 19 (0.0%)

Largest asset managers voting on “11B Ratification of the Maximum Aggregate Amount of Compensation of the Executive Management Team for Fiscal Y” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,361	158	19	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Dalal Street, LLC	20,243,372	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For

Showing the 25 largest of 63 asset managers. See all 63 in the interactive database.

15. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Keelan I. Adamson

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 58 asset managers below cast 99.9% of the shares they voted on this item FOR (239,147,828 for, 153 against).

FOR: 239,147,828 (100.0%)AGAINST: 153 (0.0%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Keela” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,378	153	9	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

16. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Chadwick C. Deaton

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 58 asset managers below cast 99.9% of the shares they voted on this item FOR (239,031,588 for, 116,394 against).

FOR: 239,031,588 (100.0%)AGAINST: 116,394 (0.0%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Chadw” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,868	104,664	9	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

17. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Samuel J. Merksamer

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 58 asset managers below cast 99.9% of the shares they voted on this item FOR (239,031,588 for, 116,395 against).

FOR: 239,031,588 (100.0%)AGAINST: 116,395 (0.0%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Samue” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,868	104,665	9	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

18. 1C Advisory Vote to Approve the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2025

OTHER

Meeting held 2026-05-22.

99.9% fund support · no official result

FOR 99.6%

The 57 asset managers below cast 99.9% of the shares they voted on this item FOR (237,116,730 for, 110,716 against).

FOR: 237,116,730 (99.6%)AGAINST: 110,716 (0.0%)ABSTAIN: 780,545 (0.3%)

Largest asset managers voting on “1C Advisory Vote to Approve the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2025” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,995	104,529	17	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	0	0	743,798	Abstain
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For
Brighthouse	592,417	0	36,730	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

19. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vincent J. Intrieri

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 99.9% of the shares they voted on this item FOR (237,891,584 for, 116,397 against).

FOR: 237,891,584 (100.0%)AGAINST: 116,397 (0.0%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vince” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,864	104,667	9	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For
Brighthouse	629,147	0	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

20. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederik W. Mohn

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 57 asset managers below cast 98% of the shares they voted on this item FOR (234,348,085 for, 3,659,896 against).

FOR: 234,348,085 (98.5%)AGAINST: 3,659,896 (1.5%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frede” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,550,781	104,750	9	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	0	3,450,697	0	Against
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For
Brighthouse	629,147	0	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

21. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: William F. "Bill" Lacey

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 5 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 56 asset managers below cast 99.7% of the shares they voted on this item FOR (238,639,406 for, 630,248 against).

FOR: 238,639,406 (99.7%)AGAINST: 630,248 (0.3%)ABSTAIN: 8 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Willi” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,390	143	8	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	0	630,105	0	Against

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

22. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Domenic J. "Nick" Dell'Osso, Jr.

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 5 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 56 asset managers below cast 99% of the shares they voted on this item FOR (235,725,994 for, 3,543,659 against).

FOR: 235,725,994 (98.5%)AGAINST: 3,543,659 (1.5%)ABSTAIN: 9 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Domen” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	96,655,289	243	9	For
VanEck ETF Trust	31,990,831	0	0	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Charles Schwab	19,139,356	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	0	3,450,697	0	Against
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

23. 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

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

83% fund support · no official result

FOR 83%AGAINST 17%

The 51 asset managers below cast 83% of the shares they voted on this item FOR (196,590,671 for, 39,581,558 against).

FOR: 196,590,671 (83.2%)AGAINST: 39,581,558 (16.8%)

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., 2025-2026
Asset manager	For	Against	Vote
Vanguard	96,494,061	51,804	For
VanEck ETF Trust	0	31,990,831	Against
Capital Group	21,870,291	0	For
American Century	21,477,695	0	For
Charles Schwab	19,139,356	0	For
Dimensional	9,173,079	0	For
NEW ECONOMY FUND	6,977,776	0	For
Fidelity	3,912,845	0	For
State Street	3,741,455	0	For
TIAA	0	3,450,697	Against
Equitable	2,036,040	0	For
Invesco	1,588,999	0	For
Thrivent	1,160,281	0	For
XAI Madison Equity Premium Income Fund	0	1,140,000	Against
Goldman Sachs	1,136,569	0	For
First Trust	918,470	0	For
Russell Investments	0	868,370	Against
Global X	0	836,880	Against
SEI	0	832,505	Against
AIG/SunAmerica	743,798	0	For
Lincoln Financial	692,915	0	For
Pacific Life	690,019	0	For
FundVantage Trust	672,788	0	For
OLD WESTBURY FUNDS INC	630,105	0	For
Northern Trust	559,158	0	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

24. 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 GOVERNANCE

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (236,172,229 for, 0 against).

FOR: 236,172,229 (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., 2025-2026
Asset manager	For	Vote
Vanguard	96,545,865	For
VanEck ETF Trust	31,990,831	For
Capital Group	21,870,291	For
American Century	21,477,695	For
Charles Schwab	19,139,356	For
Dimensional	9,173,079	For
NEW ECONOMY FUND	6,977,776	For
Fidelity	3,912,845	For
State Street	3,741,455	For
TIAA	3,450,697	For
Equitable	2,036,040	For
Invesco	1,588,999	For
Thrivent	1,160,281	For
XAI Madison Equity Premium Income Fund	1,140,000	For
Goldman Sachs	1,136,569	For
First Trust	918,470	For
Russell Investments	868,370	For
Global X	836,880	For
SEI	832,505	For
AIG/SunAmerica	743,798	For
Lincoln Financial	692,915	For
Pacific Life	690,019	For
FundVantage Trust	672,788	For
OLD WESTBURY FUNDS INC	630,105	For
Northern Trust	559,158	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

25. 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

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (236,172,229 for, 0 against).

FOR: 236,172,229 (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., 2025-2026
Asset manager	For	Vote
Vanguard	96,545,865	For
VanEck ETF Trust	31,990,831	For
Capital Group	21,870,291	For
American Century	21,477,695	For
Charles Schwab	19,139,356	For
Dimensional	9,173,079	For
NEW ECONOMY FUND	6,977,776	For
Fidelity	3,912,845	For
State Street	3,741,455	For
TIAA	3,450,697	For
Equitable	2,036,040	For
Invesco	1,588,999	For
Thrivent	1,160,281	For
XAI Madison Equity Premium Income Fund	1,140,000	For
Goldman Sachs	1,136,569	For
First Trust	918,470	For
Russell Investments	868,370	For
Global X	836,880	For
SEI	832,505	For
AIG/SunAmerica	743,798	For
Lincoln Financial	692,915	For
Pacific Life	690,019	For
FundVantage Trust	672,788	For
OLD WESTBURY FUNDS INC	630,105	For
Northern Trust	559,158	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

26. Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Jeremy D. Thigpen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 3 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 605,505,060AGAINST: 22,409,695

The 49 asset managers below cast 99.9% of the shares they voted on this item FOR (179,764,920 for, 116,406 against).

FOR 99.9%

FOR: 179,764,920 (99.9%)AGAINST: 116,406 (0.1%)ABSTAIN: 8 (0.0%)

Largest asset managers voting on “Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Jerem” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	91,309,494	104,676	8	For
Capital Group	21,870,291	0	0	For
American Century	21,477,695	0	0	For
Dimensional	9,173,079	0	0	For
NEW ECONOMY FUND	6,977,776	0	0	For
Fidelity	3,912,845	0	0	For
State Street	3,741,455	0	0	For
TIAA	3,450,697	0	0	For
JPMorgan	2,227,369	0	0	For
Equitable	2,036,040	0	0	For
Invesco	1,588,999	0	0	For
Thrivent	1,160,281	0	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	0	For
Goldman Sachs	1,136,569	0	0	For
First Trust	918,470	0	0	For
Lincoln Financial	824,732	0	0	For
AIG/SunAmerica	743,798	0	0	For
Pacific Life	690,019	0	0	For
FundVantage Trust	672,788	0	0	For
OLD WESTBURY FUNDS INC	630,105	0	0	For
Brighthouse	629,147	0	0	For
Northern Trust	559,158	0	0	For
BNY Mellon	419,630	0	0	For
Guggenheim	398,923	0	0	For
ProShares	260,321	0	0	For

Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.

27. Approval of (A) 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; and Advisory Votes to Approve (B) the Swiss Statutory Compensation Report for Fiscal Year 2025 and (C) the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2025

CORPORATE GOVERNANCE

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 42 asset managers below cast 100% of the shares they voted on this item FOR (176,905,572 for, 0 against).

FOR: 176,905,572 (100.0%)

Largest asset managers voting on “Approval of (A) the 2025 Annual Report, Including the Audited Consolidated Financial Statements of Transocean ” at Transocean Ltd., 2025-2026
Asset manager	For	Vote
Vanguard	91,304,502	For
Capital Group	21,870,291	For
American Century	21,477,695	For
Dimensional	9,173,079	For
NEW ECONOMY FUND	6,977,776	For
Fidelity	3,912,845	For
State Street	3,741,455	For
TIAA	3,450,697	For
Equitable	2,036,040	For
Invesco	1,588,999	For
Thrivent	1,160,281	For
XAI Madison Equity Premium Income Fund	1,140,000	For
Goldman Sachs	1,136,569	For
First Trust	918,470	For
AIG/SunAmerica	743,798	For
Lincoln Financial	692,915	For
Pacific Life	690,019	For
FundVantage Trust	672,788	For
OLD WESTBURY FUNDS INC	630,105	For
Northern Trust	559,158	For
BNY Mellon	419,630	For
Guggenheim	398,923	For
Brighthouse	291,322	For
ProShares	260,321	For
Blackstone Alternative Investment Funds	243,433	For

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

28. 1B Approval of (A) 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; and Advisory Votes to Approve (B) the Swiss Statutory Compensation Report for Fiscal Year 2025 and (C) the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-22.

100% fund support · no official result

FOR 100%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (64,196,826 for, 0 against).

FOR: 64,196,826 (100.0%)

Largest asset managers voting on “1B Approval of (A) the 2025 Annual Report, Including the Audited Consolidated Financial Statements of Transoce” at Transocean Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	55,889,519	For
MADISON FUNDS	1,700,000	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	For
XAI Madison Equity Premium Income Fund	1,140,000	For
Bridge Builder Trust	590,509	For
QUANTITATIVE MASTER SERIES LLC	502,855	For
BEACONLIGHT CAPITAL, LLC	500,440	For
EA Series Trust	492,075	For
MASTER INVESTMENT PORTFOLIO	382,049	For
Clough Global Opportunities Fund	311,790	For
ETF Opportunities Trust	294,395	For
Jackson National	246,560	For
RBB Fund Trust	242,298	For
John Hancock	205,234	For
Madison ETFs Trust	190,000	For
NORTHERN LIGHTS FUND TRUST III	133,401	For
TRUST FOR PROFESSIONAL MANAGERS	67,758	For
Allianz	21,064	For
WILSHIRE MUTUAL FUNDS INC	20,833	For
GPS Funds I	3,541	For
HIGHLAND GLOBAL ALLOCATION FUND	121	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	For
Clough Global Equity Fund	100	For

29. 5G Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Vincent J. Intrieri

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

99.6% fund support · no official result

FOR 99.6%

The 22 asset managers below cast 99.6% of the shares they voted on this item FOR (36,233,744 for, 133,401 against).

FOR: 36,233,744 (99.6%)AGAINST: 133,401 (0.4%)

Largest asset managers voting on “5G Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Vin” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

30. 5J Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Frederik W. Mohn

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

99.6% fund support · no official result

FOR 99.6%

The 22 asset managers below cast 99.6% of the shares they voted on this item FOR (36,233,744 for, 133,401 against).

FOR: 36,233,744 (99.6%)AGAINST: 133,401 (0.4%)

Largest asset managers voting on “5J Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Fre” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
XAI Madison Equity Premium Income Fund	1,140,000	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

31. 7A Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting- Glyn A. Barker

CORPORATE GOVERNANCE

Meeting held 2026-05-22.

99.6% fund support · no official result

FOR 99.6%

The 22 asset managers below cast 99.6% of the shares they voted on this item FOR (35,594,184 for, 133,401 against).

FOR: 35,594,184 (99.6%)AGAINST: 133,401 (0.4%)

Largest asset managers voting on “7A Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Ne” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
BEACONLIGHT CAPITAL, LLC	500,440	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

32. 7B 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

CORPORATE GOVERNANCE

Meeting held 2026-05-22.

99.6% fund support · no official result

FOR 99.6%

The 22 asset managers below cast 99.6% of the shares they voted on this item FOR (35,594,184 for, 133,401 against).

FOR: 35,594,184 (99.6%)AGAINST: 133,401 (0.4%)

Largest asset managers voting on “7B Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Ne” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
BEACONLIGHT CAPITAL, LLC	500,440	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

33. 7C Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting- Frederico F. Curado

CORPORATE GOVERNANCE

Meeting held 2026-05-22.

93% fund support · no official result

FOR 93%

The 22 asset managers below cast 93% of the shares they voted on this item FOR (33,266,027 for, 2,461,558 against).

FOR: 33,266,027 (93.1%)AGAINST: 2,461,558 (6.9%)

Largest asset managers voting on “7C Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Ne” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	0	1,700,000	Against
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
Bridge Builder Trust	173,306	417,203	Against
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
BEACONLIGHT CAPITAL, LLC	500,440	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	0	190,000	Against
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	0	20,833	Against
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	0	121	Against
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

34. 11B Prospective Vote on the Maximum Compensation of (A) the Board of Directors and (B) the Executive Management Team - Ratification of the Maximum Aggregate Amount of Compensation of the Executive Management Team for Fiscal Year 2027

OTHER SOCIAL ISSUES

Meeting held 2026-05-22.

100% fund support · no official result

FOR 99%

The 22 asset managers below cast 100% of the shares they voted on this item FOR (35,275,624 for, 0 against).

FOR: 35,275,624 (98.7%)ABSTAIN: 451,961 (1.3%)

Largest asset managers voting on “11B Prospective Vote on the Maximum Compensation of (A) the Board of Directors and (B) the Executive Managemen” at Transocean Ltd., 2025-2026
Asset manager	For	Abstain	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
BEACONLIGHT CAPITAL, LLC	500,440	0	For
EA Series Trust	40,114	451,961	Abstain
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	133,401	0	For
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

35. 1A 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

OTHER

Meeting held 2026-05-22.

99.9% fund support · no official result

FOR 99.9%

The 22 asset managers below cast 99.9% of the shares they voted on this item FOR (62,242,394 for, 9 against).

FOR: 62,242,394 (100.0%)AGAINST: 9 (0.0%)ABSTAIN: 15 (0.0%)

Largest asset managers voting on “1A Approval of the 2025 Annual Report, Including the Audited Consolidated Financial Statements of Transocean L” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Abstain	Vote
VanEck ETF Trust	31,990,831	0	0	For
Charles Schwab	19,139,356	0	0	For
Vanguard	5,351,014	9	15	For
JPMorgan	2,227,369	0	0	For
Russell Investments	868,370	0	0	For
Global X	836,880	0	0	For
SEI	832,505	0	0	For
Brighthouse	337,825	0	0	For
Venerable Variable Insurance Trust	138,960	0	0	For
STERLING CAPITAL FUNDS	133,410	0	0	For
Lincoln Financial	131,817	0	0	For
Vericimetry Funds	105,818	0	0	For
Tidal Trust IV	50,912	0	0	For
Nationwide	23,782	0	0	For
Prudential/PGIM	22,500	0	0	For
NEW COVENANT FUNDS	20,466	0	0	For
TARGET PORTFOLIO TRUST	17,100	0	0	For
Advisors' Inner Circle Fund III	5,543	0	0	For
TIMOTHY PLAN	4,187	0	0	For
Legacy Capital Wealth Partners, LLC	2,000	0	0	For
Meeder Funds	1,134	0	0	For
BALLAST ADVISORS LLC	615	0	0	For

36. 1C Approval of (A) 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; and Advisory Votes to Approve (B) the Swiss Statutory Compensation Report for Fiscal Year 2025 and (C) the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2

OTHER SOCIAL ISSUES

Meeting held 2026-05-22.

100% fund support · no official result

FOR 100%

The 22 asset managers below cast 100% of the shares they voted on this item FOR (36,367,145 for, 0 against).

FOR: 36,367,145 (100.0%)

Largest asset managers voting on “1C Approval of (A) the 2025 Annual Report, Including the Audited Consolidated Financial Statements of Transoce” at Transocean Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	28,560,278	For
MADISON FUNDS	1,700,000	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	For
XAI Madison Equity Premium Income Fund	1,140,000	For
Bridge Builder Trust	590,509	For
QUANTITATIVE MASTER SERIES LLC	502,855	For
EA Series Trust	492,075	For
MASTER INVESTMENT PORTFOLIO	382,049	For
Clough Global Opportunities Fund	311,790	For
ETF Opportunities Trust	294,395	For
Jackson National	246,560	For
RBB Fund Trust	242,298	For
John Hancock	205,234	For
Madison ETFs Trust	190,000	For
NORTHERN LIGHTS FUND TRUST III	133,401	For
TRUST FOR PROFESSIONAL MANAGERS	67,758	For
Allianz	21,064	For
WILSHIRE MUTUAL FUNDS INC	20,833	For
GPS Funds I	3,541	For
HIGHLAND GLOBAL ALLOCATION FUND	121	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	For
Clough Global Equity Fund	100	For

37. 5I Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Samuel J. Merksamer

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

99.6% fund support · no official result

FOR 99.6%

The 21 asset managers below cast 99.6% of the shares they voted on this item FOR (35,093,744 for, 133,401 against).

FOR: 35,093,744 (99.6%)AGAINST: 133,401 (0.4%)

Largest asset managers voting on “5I Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Sam” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

38. 5K Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Jeremy D. Thigpen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

96% Majority: yes · of votes cast

FOR 96%

FOR: 605,505,060AGAINST: 22,409,695

The 21 asset managers below cast 99.6% of the shares they voted on this item FOR (35,093,744 for, 133,401 against).

FOR 99.6%

FOR: 35,093,744 (99.6%)AGAINST: 133,401 (0.4%)

Largest asset managers voting on “5K Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Jer” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

39. 5E Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Chadwick C. Deaton

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

99.6% fund support · no official result

FOR 99.6%

The 21 asset managers below cast 99.6% of the shares they voted on this item FOR (35,093,744 for, 133,401 against).

FOR: 35,093,744 (99.6%)AGAINST: 133,401 (0.4%)

Largest asset managers voting on “5E Election of 11 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting Cha” at Transocean Ltd., 2025-2026
Asset manager	For	Against	Vote
BlackRock	28,560,278	0	For
MADISON FUNDS	1,700,000	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	0	For
Bridge Builder Trust	590,509	0	For
QUANTITATIVE MASTER SERIES LLC	502,855	0	For
EA Series Trust	492,075	0	For
MASTER INVESTMENT PORTFOLIO	382,049	0	For
Clough Global Opportunities Fund	311,790	0	For
ETF Opportunities Trust	294,395	0	For
Jackson National	246,560	0	For
RBB Fund Trust	242,298	0	For
John Hancock	205,234	0	For
Madison ETFs Trust	190,000	0	For
NORTHERN LIGHTS FUND TRUST III	0	133,401	Against
TRUST FOR PROFESSIONAL MANAGERS	67,758	0	For
Allianz	21,064	0	For
WILSHIRE MUTUAL FUNDS INC	20,833	0	For
GPS Funds I	3,541	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Clough Global Equity Fund	100	0	For

40. 1A Approval of (A) 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; and Advisory Votes to Approve (B) the Swiss Statutory Compensation Report for Fiscal Year 2025 and (C) the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2

AUDIT-RELATED

Meeting held 2026-05-22.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (35,227,145 for, 0 against).

FOR: 35,227,145 (100.0%)

Largest asset managers voting on “1A Approval of (A) the 2025 Annual Report, Including the Audited Consolidated Financial Statements of Transoce” at Transocean Ltd., 2025-2026
Asset manager	For	Vote
BlackRock	28,560,278	For
MADISON FUNDS	1,700,000	For
PROFESSIONALLY MANAGED PORTFOLIOS	1,262,184	For
Bridge Builder Trust	590,509	For
QUANTITATIVE MASTER SERIES LLC	502,855	For
EA Series Trust	492,075	For
MASTER INVESTMENT PORTFOLIO	382,049	For
Clough Global Opportunities Fund	311,790	For
ETF Opportunities Trust	294,395	For
Jackson National	246,560	For
RBB Fund Trust	242,298	For
John Hancock	205,234	For
Madison ETFs Trust	190,000	For
NORTHERN LIGHTS FUND TRUST III	133,401	For
TRUST FOR PROFESSIONAL MANAGERS	67,758	For
Allianz	21,064	For
WILSHIRE MUTUAL FUNDS INC	20,833	For
GPS Funds I	3,541	For
HIGHLAND GLOBAL ALLOCATION FUND	121	For
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	For
Clough Global Equity Fund	100	For

Showing the 40 reported items with the widest manager coverage, of 53 in total. View every item.

Largest Transocean Ltd. shareholders voting in 2025-2026

Ranked by the number of Transocean Ltd. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 1,107,000,000 shares outstanding at the time of that meeting.

Top Transocean Ltd. shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	9.46%
2	BlackRock	5.06%
3	Capital Group	4.64%
4	American Century	3.99%
5	Charles Schwab	3.51%
6	VAN ECK ASSOCIATES CORP	2.89%
7	VanEck ETF Trust	2.89%
8	Pilgrim Global Advisors LLC	2.16%
9	Slate Path Capital LP	2.14%
10	State Street	2.00%

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 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	8.76%	13F
5230 Paradis, Norway	8.76%	DEF14A
Perestroika AS	8.72%	13D
BlackRock	7.98%	13F
Malvern, PA	6.19%	DEF14A
New York, NY	5.07%	DEF14A
Dimensional Fund Advisors	4.41%	13F
Two Sigma	4.20%	13F
D.E. Shaw	3.66%	13F
State Street	2.26%	13F

Percentages above are of 1,107,000,000 shares outstanding, as reported by Transocean Ltd. on its Form 10-Q dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 2026-03-31. 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 2026-05-22, in the 2025-2026 proxy season, 428 asset managers reported how they voted in their SEC Form N-PX filings, covering 8,053 separate fund positions. Their filings are grouped here into 53 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 2026 — FOR was 83% 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 · 2025-2026 (this page).