TRANSOCEAN LTD. SHARES, PAR VALUE CHF 0.10 PER SHARE EQUITY DISTRIBUTION AGREEMENTTransocean Ltd. • June 15th, 2021 • Drilling oil & gas wells • New York
Company FiledJune 15th, 2021 Industry JurisdictionThis Confirmation sets forth the terms of the agreement of Jefferies LLC (the “Manager”) with Transocean Ltd. (the “Company”) relating to the sale of its shares, par value CHF 0.10 per share having an aggregate gross sales price of up to $[ ], pursuant to the Equity Distribution Agreement between the Company and the Manager, dated [_______], 20[__] (the “Agreement”). Unless otherwise defined below, capitalized terms defined in the Agreement shall have the same meanings when used herein.