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TRANSOCEAN LTD. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and TRANSOCEAN LTD.’s Form 8-K, filed June 3, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.

35Reported items
335Asset managers
6,486Fund votes
May 30, 2025Meeting date

Results at a glance

Meeting of May 30, 2025: 27 items on TRANSOCEAN LTD.’s Form 8-K, filed June 3, 2025: 14 elected · 13 approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

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, filed June 3, 2025 (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 May 30, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
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	--	--	99%	Approved	—
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	94%	Approved	—
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	--	--	98%	Approved	—
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	98%	Approved	—
5. Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2024	548,944,214	11,172,995	3,478,772	--	--	98%	Approved	—
6. Proposal regarding the approval of Shares authorized for issuance	510,576,659	48,792,121	4,227,201	--	--	91%	Approved	—
Elect Director: Keelan I. Adamson	422,348,489	8,883,383	1,146,158	--	131,217,951	98%	Elected	—
Elect Director: Glyn A. Barker	420,729,079	10,448,180	1,200,771	--	131,217,951	98%	Elected	—
Elect Director: Vanessa C.L. Chang	422,141,918	9,070,062	1,166,050	--	131,217,951	98%	Elected	—
Elect Director: Frederico F. Curado	389,164,378	42,082,588	1,131,064	--	131,217,951	90%	Elected	—
Elect Director: Chadwick C. Deaton	422,782,508	8,435,163	1,160,359	--	131,217,951	98%	Elected	—
Elect Director: Domenic J. "Nick" Dell'Osso, Jr.	423,629,397	7,613,185	1,135,448	--	131,217,951	98%	Elected	—
Elect Director: Vincent J. Intrieri	423,162,858	7,996,503	1,218,669	--	131,217,951	98%	Elected	—
Elect Director: William F. "Bill" Lacey	424,992,760	6,235,024	1,150,246	--	131,217,951	99%	Elected	—
Elect Director: Samuel J. Merksamer	422,489,295	8,719,070	1,169,665	--	131,217,951	98%	Elected	—
Elect Director: Frederik W. Mohn	423,344,019	7,879,909	1,154,102	--	131,217,951	98%	Elected	—
Elect Director: Jeremy D. Thigpen	422,055,316	9,319,916	1,002,798	--	131,217,951	98%	Elected	—
Elect Director: Jeremy D. Thigpen	421,755,173	9,636,677	986,180	--	131,217,951	98%	Elected	—
Elect Director: Vanessa C.L. Chang	422,213,648	9,046,029	1,118,353	--	131,217,951	98%	Elected	—
Elect Director: Frederico F. Curado	403,566,362	27,365,110	1,446,558	--	131,217,951	94%	Elected	—
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	--	--	98%	Approved	—
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	--	--	95%	Approved	—
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	88%	Approved	—
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	98%	Approved	—
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	98%	Approved	—
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	85%	Approved	—
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	85%	Approved	—

Source: TRANSOCEAN LTD., Form 8-K, filed with the SEC on June 3, 2025 — read the filing on EDGAR.

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

Each item below shows how the 335 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. 4. Proposal regarding the discharge of the Members of the Board of Directors and the Executive Management Team from…

Official resultCORPORATE GOVERNANCEReported outcome: Approved

98% Approved · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE EXECUTIVE MANAGEMENT TEAM FROM LIABILITY FOR ACTIVITIES DURING FISCAL YEAR 2024

TRANSOCEAN LTD.’s own tally for this item (“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 — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

2. Elect Director: Chadwick C. Deaton

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Chadwick C. Deaton

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 filed June 3, 2025 (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.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 persons listed above was duly elected as a director of the Company to hold office until the completion of the next Annual General Meeting.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

3. Elect Director: Domenic J. "Nick" Dell'Osso, Jr.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 64 asset managers

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

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 filed June 3, 2025 (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.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

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

No official matchDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

90% of fund votes cast · no official result

FOR

Details: description as filed, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederico F. Curado

The 64 asset managers below reported 177,327,161 for, 19,960,051 against, 17,982 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 177,327,161AGAINST: 19,960,051ABSTAIN: 17,982

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	Mixed
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	Mixed
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.

5. Elect Director: Frederik W. Mohn

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederik W. Mohn

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 filed June 3, 2025 (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.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

6. Elect Director: Glyn A. Barker

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn A. Barker

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 filed June 3, 2025 (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.

Also reported under other wordings, matched to the same row of TRANSOCEAN LTD.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Election of the member of the Compensation Committee, each for a term extending until completion of the next Annual General Meeting: Glyn A. Barker” (10 managers, 35,872,659 for, 17,982 abstained).

The 64 asset managers below reported 197,283,989 for, 3,223 against, 17,982 abstained.

FOR

FOR: 197,283,989AGAINST: 3,223ABSTAIN: 17,982

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.

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

No official matchDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR

Details: description as filed, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Jeremy D. Thigpen

The 64 asset managers below reported 197,283,989 for, 3,223 against, 17,982 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 197,283,989AGAINST: 3,223ABSTAIN: 17,982

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.

8. Elect Director: Keelan I. Adamson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Keelan I. Adamson

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 filed June 3, 2025 (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.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

9. Elect Director: Samuel J. Merksamer

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Samuel J. Merksamer

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 filed June 3, 2025 (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.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

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

No official matchDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR

Details: description as filed, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vanessa C.L. Chang

FOR: 197,283,989AGAINST: 3,223ABSTAIN: 17,982

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.

11. Elect Director: Vincent J. Intrieri

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: Election of 12 Directors, Each for a Term Extending Until Completion of the Next Annual General Meeting: Vincent J. Intrieri

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 filed June 3, 2025 (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.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

12. ELECTION OF JEREMY D. THIGPEN AS THE CHAIR OF THE BOARD OF DIRECTORS FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT…

No official matchDIRECTOR ELECTIONS

99.9% of fund votes cast · no official result

FOR

Details: description as filed, votes by 64 asset managers

Description as filed by funds: 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

FOR: 197,283,989AGAINST: 3,223ABSTAIN: 17,982

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.

13. Elect Director: William F. "Bill" Lacey

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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

Details: description as filed, official tally, votes by 62 asset managers

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

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 filed June 3, 2025 (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.

Reported outcome: Elected, in the filing’s own words: “Each of the 11 persons listed above was duly elected as a director of the Company to hold office until the completion of the next Annual General Meeting.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 62 asset managers below reported 197,279,802 for, 17,982 abstained.

FOR

FOR: 197,279,802ABSTAIN: 17,982

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.

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

No official matchDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR

Details: votes by 42 asset managers

The 42 asset managers below reported 176,007,296 for, 17,982 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 176,007,296ABSTAIN: 17,982

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.

15. Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion…: Frederico F. Curado

No official matchDIRECTOR ELECTIONSCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR

Details: description as filed, votes by 37 asset managers

Description as filed by funds: Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Frederico F. Curado

The 37 asset managers below reported 140,675,686 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 140,675,686

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.

16. Elect Director: Glyn A. Barker

Official resultDIRECTOR ELECTIONSCORPORATE GOVERNANCEReported outcome: Elected

98% Majority: yes · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 37 asset managers

Description as filed by funds: Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion of the Next Annual General Meeting: Glyn A. Barker

The 37 asset managers below reported 140,675,686 for.

FOR

FOR: 140,675,686

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.

17. Election of the Members of the Compensation Committee, Each for a Term Extending Until Completion…: Vanessa C.L. Chang

No official matchDIRECTOR ELECTIONSCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR

Details: description as filed, votes by 37 asset managers

Description as filed by funds: 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

FOR: 140,675,686

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.

18. Election of Director: Margareth Øvrum

No official matchDIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR

Details: votes by 23 asset managers

The 23 asset managers below reported 21,254,730 for, 25,186 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 21,254,730ABSTAIN: 25,186

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
SA FUNDS INVESTMENT TRUST	87,098	0	For
EA Series Trust	27,874	25,186	Mixed
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	1,810	0	For
CITY NATIONAL ROCHDALE FUNDS	567	0	For
Brighthouse	275	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For

19. Elect Director: Glyn A. Barker

Official result Fund totals may overlapDIRECTOR ELECTIONSReported outcome: Elected

98% Majority: yes · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 23 asset managers

Description as filed by funds: ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING: GLYN A. BARKER

Fund voting reports: 21 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
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
CITY NATIONAL ROCHDALE FUNDS	567	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For

Fund voting reports, all 21 managers: 20,735,644 for, 3,223 against.

Institutional-manager reports: 2 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	Abstain	Withheld	Vote
Summit Trail Advisors, LLC	304,169	0	0	0	For
EXENCIAL WEALTH ADVISORS, LLC	1,200	0	0	0	For

Institutional-manager reports, all 2 managers: 305,369 for.

20. ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE…: VANESSA C.L. CHANG

No official match Fund totals may overlapDIRECTOR ELECTIONS

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR

Details: description as filed, votes by 23 asset managers

Description as filed by funds: ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING: VANESSA C.L. CHANG

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 21 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
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
CITY NATIONAL ROCHDALE FUNDS	567	0	For
HIGHLAND GLOBAL ALLOCATION FUND	121	0	For

Fund voting reports, all 21 managers: 20,735,644 for, 3,223 against.

Institutional-manager reports: 2 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	Abstain	Withheld	Vote
Summit Trail Advisors, LLC	304,169	0	0	0	For
EXENCIAL WEALTH ADVISORS, LLC	1,200	0	0	0	For

Institutional-manager reports, all 2 managers: 305,369 for.

21. ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF…: FREDERICO F. CURADO

No official matchDIRECTOR ELECTIONS

91% of fund votes cast · no official result

FOR

Details: description as filed, votes by 22 asset managers

Description as filed by funds: ELECTION OF THE MEMBER OF THE COMPENSATION COMMITTEE, FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING: FREDERICO F. CURADO

The 22 asset managers below reported 18,902,569 for, 1,837,498 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 18,902,569AGAINST: 1,837,498

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

22. Amendment of the Articles of Association to Increase the Maximum Number of Members of the Board of Directors to 12 from…

No official matchCORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR

Details: description as filed, votes by 64 asset managers

Description as filed by funds: 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

The 64 asset managers below reported 197,287,212 for, 17,982 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 197,287,212ABSTAIN: 17,982

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.

23. 6. Proposal regarding the approval of Shares authorized for issuance

Official resultCAPITAL STRUCTUREReported outcome: Approved

91% Approved · of votes cast

FOR 91%

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

Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: APPROVAL OF SHARES AUTHORIZED FOR ISSUANCE

TRANSOCEAN LTD.’s own tally for this item (“6. Proposal regarding the approval of Shares authorized for issuance”): 510,576,659 for, 48,792,121 against — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 65 asset managers below reported 197,295,029 for, 17,982 against.

FOR

FOR: 197,295,029AGAINST: 17,982

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.

24. 3. Proposal regarding the advisory vote to approve the Non-Financial Matters Report for Fiscal Year 2024

Official resultCORPORATE GOVERNANCEENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEDIVERSITY, EQUITY, AND INCLUSIONReported outcome: Approved

98% Approved · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: 1C Approval of the Swiss Statutory Report on Non-Financial Matters for Fiscal Year 2024

TRANSOCEAN LTD.’s own tally for this item (“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 — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 64 asset managers below reported 196,040,658 for, 4,187 against, 1,260,349 abstained.

FOR

FOR: 196,040,658AGAINST: 4,187ABSTAIN: 1,260,349

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.

25. 5. Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2024

Official resultCORPORATE GOVERNANCEReported outcome: Approved

98% Approved · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: APPROPRIATION OF THE ACCUMULATED LOSSES FOR FISCAL YEAR 2024

TRANSOCEAN LTD.’s own tally for this item (“5. Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2024”): 548,944,214 for, 11,172,995 against — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

26. IF ANY MODIFICATIONS TO AGENDA ITEMS OR PROPOSALS IDENTIFIED IN THE NOTICE OF MEETING OR OTHER MATTERS ON WHICH VOTING…

No official matchSHAREHOLDER RIGHTS AND DEFENSES

19% of fund votes cast · no official result

FORAGAINST

Details: description as filed, votes by 64 asset managers

Description as filed by funds: 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.

The 64 asset managers below reported 36,827,046 for, 160,434,980 against, 43,168 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 36,827,046AGAINST: 160,434,980ABSTAIN: 43,168

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.

27. 10. Proposal regarding the reelection of the independent proxy for a term extending until completion of the next Annual…

Official resultDIRECTOR ELECTIONSReported outcome: Approved

98% Approved · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 64 asset managers

Description as filed by funds: REELECTION OF SCHWEIGER ADVOKATUR/NOTARIAT AS THE INDEPENDENT PROXY FOR A TERM EXTENDING UNTIL COMPLETION OF THE NEXT ANNUAL GENERAL MEETING

TRANSOCEAN LTD.’s own tally for this item (“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 — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 64 asset managers below reported 197,287,212 for, 17,982 abstained.

FOR

FOR: 197,287,212ABSTAIN: 17,982

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.

28. 15. Proposal regarding the approval of the amendment and restatement of the Transocean Ltd. 2015 Long-Term Incentive…

Official resultCOMPENSATIONReported outcome: Approved

Combines 4 wordings of this item as funds reported it.

85% Approved · of votes cast

FOR 85%AGAINST

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

Details: description as filed, official tally, votes by 67 asset managers

Description as filed by funds: 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

TRANSOCEAN LTD.’s own tally for this item (“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 — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 85% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 67 asset managers below reported 142,594,218 for, 55,043,773 against, 17,982 abstained.

FORAGAINST

FOR: 142,594,218AGAINST: 55,043,773ABSTAIN: 17,982

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	Mixed
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.

29. 16. Proposal regarding the approval of a capital authorization for share-based incentive plans

Official resultSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

85% Approved · of votes cast

FOR 85%AGAINST

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

Details: description as filed, official tally, votes by 66 asset managers

Description as filed by funds: 13B Approval of Capital Authorization for Share-Based Incentive Plans

TRANSOCEAN LTD.’s own tally for this item (“16. Proposal regarding the approval of a capital authorization for share-based incentive plans”): 365,093,466 for, 66,223,395 against — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 85% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 66 asset managers below reported 142,251,594 for, 55,043,773 against, 17,982 abstained.

FORAGAINST

FOR: 142,251,594AGAINST: 55,043,773ABSTAIN: 17,982

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	Mixed
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.

30. 12. Proposal regarding the advisory vote to approve Named Executive Officer compensation for Fiscal Year 2025

Official result Fund totals may overlapCOMPENSATIONReported outcome: Approved

Combines 9 wordings of this item as funds reported it.

88% Approved · of votes cast

FOR 88%

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

Details: description as filed, official tally, votes by 333 asset managers

Description as filed by funds: Advisory Vote to Approve Named Executive Officer Compensation for Fiscal Year 2025

TRANSOCEAN LTD.’s own tally for this item (“12. Proposal regarding the advisory vote to approve Named Executive Officer compensation for Fiscal Year 2025”): 379,827,455 for, 51,408,130 against — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 88% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports: 64 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	Vote
Vanguard	87,949,842	0	For
Capital Group	20,297,589	0	For
American Century	0	18,895,329	Against
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	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	Mixed
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	0	395,202	Against

Fund voting reports, all 64 managers: 177,234,169 for, 20,053,043 against, 17,982 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 291 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
Capital Group	36,712,505	0	0	For
BlackRock	31,809,023	0	2,625,934	Mixed
American Century	0	19,733,347	0	Against
Pilgrim Global Advisors LLC	17,601,395	0	0	For
PRIMECAP MANAGEMENT CO/CA/	13,642,320	0	0	For
Charles Schwab	12,233,111	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
State Street	9,185,826	603	0	For
Solus Alternative Asset Management LP	4,470,000	0	0	For
Ion Asset Management Ltd.	4,300,000	0	0	For
Paloma Partners Management Co	3,979,098	0	0	For
Ensign Peak Advisors, Inc	3,796,943	0	0	For
Northern Trust	3,532,200	0	0	For
John Hancock	3,330,100	0	0	For
MELLON INVESTMENTS Corp	2,586,457	0	0	For
Dimensional	2,382,456	0	0	For
Vanguard	1,882,315	0	0	For
MARSHALL WACE, LLP	1,169,880	0	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	1,172,799	0	0	For
Madison Investment Advisors, LLC	1,140,000	0	0	For
T. Rowe Price	1,048,792	0	0	For
Allianz	992,951	0	0	For
CIBC WORLD MARKET INC.	897,700	0	0	For

Institutional-manager reports, all 291 managers: 202,546,469 for, 22,289,983 against, 2,625,939 abstained, 136,721 not voted. Showing the 25 largest; see all in the interactive database.

31. 2. Proposal regarding the advisory vote to approve the Company's Swiss Statutory Compensation Report for Fiscal Year…

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%

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

Details: description as filed, official tally, votes by 93 asset managers

Description as filed by funds: 1B Approval of the Swiss Statutory Compensation Report for Fiscal Year 2024

TRANSOCEAN LTD.’s own tally for this item (“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 — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports: 64 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
Capital Group	20,297,589	0	For
American Century	0	18,895,329	Against
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	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	Mixed
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	0	395,202	Against

Fund voting reports, all 64 managers: 177,234,169 for, 20,053,043 against, 17,982 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 30 asset managers voting on “1B Approval of the Swiss Statutory Compensation Report for Fiscal Year 2024” at TRANSOCEAN LTD., 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	27,394,565	0	For
Summit Trail Advisors, LLC	304,169	0	For
SouthState Corp	43,277	0	For
VAN DEN BERG MANAGEMENT I, INC	25,550	0	For
Smithfield Trust Co	25,283	0	For
STEPHENS INC /AR/	15,000	0	For
First Trust	10,860	0	For
MERCER GLOBAL ADVISORS INC /ADV	7,647	0	For
STOCK YARDS BANK & TRUST CO	5,013	0	For
Idaho Trust Co	3,526	0	For
Argent Trust Co	2,000	0	For
Savant Capital, LLC	1,593	0	For
EXENCIAL WEALTH ADVISORS, LLC	1,200	0	For
SHEETS SMITH WEALTH MANAGEMENT	910	0	For
Huntleigh Advisors, Inc.	865	0	For
Pacifica Partners Inc.	700	0	For
HANCOCK WHITNEY CORP	348	0	For
New Harbor Financial Group, LLC	338	0	For
Crestwood Advisors Group, LLC	230	0	For
Chicago Partners Investment Group LLC	200	0	For
EVERGREEN CAPITAL MANAGEMENT LLC	160	0	For
Community Bank & Trust, Waco, Texas	120	0	For
FINANCIAL CONSULATE, INC	0	118	Abstain
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC	100	0	For
Evercore Wealth Management, LLC	100	0	For

Institutional-manager reports, all 30 managers: 27,843,883 for, 118 abstained. Showing the 25 largest; see all in the interactive database.

32. 14. Proposal regarding the ratification of the maximum aggregate amount of compensation of the Executive Management…

Official result Fund totals may overlapCOMPENSATIONReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: 12B Ratification of the Maximum Aggregate Amount of Compensation of the Executive Management Team for Fiscal Year 2026

TRANSOCEAN LTD.’s own tally for this item (“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 — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports: 64 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
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

Fund voting reports, all 64 managers: 197,279,802 for, 7,410 against, 17,982 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 25 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	Against	Vote
Pilgrim Global Advisors LLC	17,601,395	0	For
Ion Asset Management Ltd.	4,300,000	0	For
LONESTAR CAPITAL MANAGEMENT LLC	364,123	0	For
Summit Trail Advisors, LLC	304,169	0	For
MERIDIAN INVESTMENT COUNSEL INC.	60,000	0	For
Stockman Wealth Management, Inc.	22,000	0	For
Freedom Investment Management, Inc.	0	12,678	Against
UNITED CAPITAL FINANCIAL ADVISORS, LLC	7,817	0	For
Janney Montgomery Scott LLC	4,846	0	For
L2 Asset Management, LLC	0	3,223	Against
Wealth Architects, LLC	2,663	0	For
Carl P. Sherr & Co., LLC	2,500	0	For
Providence Capital Advisors, LLC	2,500	0	For
Colonial Trust Advisors	0	2,400	Against
BALLAST ADVISORS LLC	1,230	0	For
EXENCIAL WEALTH ADVISORS, LLC	1,200	0	For
Bogart Wealth, LLC	1,000	0	For
CARY STREET PARTNERS FINANCIAL LLC	1,000	0	For
Stonegate Investment Group, LLC	1,000	0	For
Cambridge Advisors Inc.	0	500	Against
New Harbor Financial Group, LLC	338	0	For
SAPIENT CAPITAL LLC	111	0	For
ZACKS INVESTMENT MANAGEMENT	80	0	For
CHILTON CAPITAL MANAGEMENT LLC	66	0	For
Waverly Advisors, LLC	40	0	For

Institutional-manager reports, all 25 managers: 22,678,078 for, 18,801 against.

33. 13. Proposal regarding the ratification of the maximum aggregate amount of compensation of the Board of Directors for…

Official resultCOMPENSATIONReported outcome: Approved

Combines 3 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%

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

Details: description as filed, official tally, votes by 68 asset managers

Description as filed by funds: 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

TRANSOCEAN LTD.’s own tally for this item (“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 — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 68 asset managers below reported 197,597,765 for, 17,982 abstained.

FOR

FOR: 197,597,765ABSTAIN: 17,982

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.

34. 1. Proposal regarding the approval of the 2024 Annual Report, including the Audited Consolidated Financial Statements…

Official resultCORPORATE GOVERNANCEReported outcome: Approved

Combines 3 wordings of this item as funds reported it.

99% Approved · of votes cast

FOR 99%

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

Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: 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 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

TRANSOCEAN LTD.’s own tally for this item (“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 L”): 554,001,582 for, 7,632,461 against — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 65 asset managers below reported 197,629,836 for, 17,982 abstained.

FOR

FOR: 197,629,836ABSTAIN: 17,982

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.

35. 11. Proposal regarding the ratification of Ernst & Young LLP as the Company's Independent Registered Public Accounting…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

95% Approved · of votes cast

FOR 95%

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

Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: 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

TRANSOCEAN LTD.’s own tally for this item (“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”): 532,253,356 for, 29,935,196 against — passed, per its Form 8-K filed June 3, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “This item was approved.”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 65 asset managers below reported 196,975,330 for, 654,506 against, 17,982 abstained.

FOR

FOR: 196,975,330AGAINST: 654,506ABSTAIN: 17,982

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	Mixed
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.

Largest TRANSOCEAN LTD. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 883,261,456 shares outstanding at the time of that meeting.

Fund voting reports: top TRANSOCEAN LTD. shareholders by shares voted on “Approval of (A) Amendment and Restatement of Transocean Ltd. 2015 Long-Term Incentive Plan and…”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	9.96%
2	Capital Group	2.30%
3	American Century	2.14%
4	NEW ECONOMY FUND	1.76%
5	BlackRock	1.52%
6	Charles Schwab	1.38%
7	VanEck ETF Trust	1.20%
8	Equitable	0.21%
9	MADISON FUNDS	0.19%
10	AIG/SunAmerica	0.14%

Institutional-manager reports: top TRANSOCEAN LTD. shareholders by shares voted on “Advisory Vote to Approve Named Executive Officer Compensation for Fiscal Year 2025”, 2024-2025
#	Asset manager	% of shares outstanding
1	Capital Group	4.16%
2	BlackRock	3.90%
3	American Century	2.23%
4	Pilgrim Global Advisors LLC	1.99%
5	PRIMECAP MANAGEMENT CO/CA/	1.54%
6	Charles Schwab	1.39%
7	KEYBANK NATIONAL ASSOCIATION/OH	1.30%
8	Two Sigma	1.26%
9	VAN ECK ASSOCIATES CORP	1.20%
10	State Street	1.04%

Reported TRANSOCEAN LTD. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

TRANSOCEAN LTD. holdings and ownership disclosed 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 March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 March 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At TRANSOCEAN LTD.'s shareholder meeting held May 30, 2025, in the 2024-2025 proxy season, 335 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,486 separate fund positions. Their filings are grouped here into 35 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 — TRANSOCEAN LTD.'s filing reports the proposal as approved, with 88% support 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). Source: TRANSOCEAN LTD.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 3, 2025.

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

Download data (CSV): ballot items · votes by manager · column guide.