Perestroika - Feb 27, 2024 Form 4 Insider Report for Transocean Ltd. (RIG)

Role: Director, 10%+ Owner
Signature: /s/ Daniel Ro-Trock by Power of Attorney
Stock symbol: RIG
Transactions as of: Feb 27, 2024
Transactions value $: $4,890,000
Form type: 4
Date filed: 2/29/2024, 04:30 PM
Previous filing: Sep 19, 2023
Next filing: May 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIG	Registered Shares	Purchase	$4.89M	+1M	+1.18%	$4.89	85.6M	Feb 27, 2024	See footnote	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are held directly by Perestroika (Cyprus) Ltd., which is a wholly owned subsidiary of Perestroika AS. Mr. Frederik Mohn is the sole director and owner of Perestroika AS and is the indirect beneficial owner of all securities owned by Perestroika AS.

Remarks:

Perestroika (Cyprus) Ltd. is a wholly owned subsidiary of Perestroika AS. Due to Perestroika AS's designation of a member of the board of directors of the Company, Perestroika (Cyprus) Ltd. may be deemed to be a director of the Company by deputization. Perestroika AS's right to designate a member of the Company's board of directors has since terminated.