0000314808 2026-05-19 2026-05-19 0000314808 1 2026-05-19 2026-05-19 0000314808 1 2026-05-19 2026-05-19 0000314808 2 2026-05-19 2026-05-19 iso4217:USD pure Valaris Limited false 7552236445.65 0.0001381 1042963.85 7552236445.65 1042963.85 0 1042963.85 0 <table style="font-size: 12pt; border-spacing: 0px; border-collapse: collapse; width: 100%; margin-left: auto; margin-right: auto;"> <tr style="height: 0px; font-size: 0px;"><td style="width: 1%;"> </td><td style="width: 99%;"> </td></tr><tr style="vertical-align: top;"> <td style="padding: 0px 0pt; font-size: 10pt;"> <div style="margin-bottom: 4pt;"> (1) </div> </td> <td style="padding: 0px 5.4pt;"> <div style="margin-bottom: 4pt; text-align: justify;"> <span style="font-size: 10.0pt;">Title of each class of securities to which the transaction contemplated by the Business Combination Agreement, dated as of February 9, 2026, between Valaris Limited and Transaction Ltd., applies: Valaris Limited common shares, par value $0.01 per share.</span> </div> </td> </tr> </table><table style="font-size: 12pt; border-spacing: 0px; border-collapse: collapse; width: 100%; margin-left: auto; margin-right: auto;"> <tr style="height: 0px; font-size: 0px;"><td style="width: 1%;"> </td><td style="width: 99%;"> </td></tr><tr style="vertical-align: top;"> <td style="padding: 0px 0pt; font-size: 10pt;"> <div style="margin-bottom: 4pt;"> (2) </div> </td> <td style="padding: 0px 5.4pt; font-size: 10pt;"> <div style="margin-bottom: 4pt; text-align: justify;"> Equals the Maximum Aggregate Value of Transaction as described in the Joint Proxy Statement on Schedule 14A, file number 001-38373 and file number 001-08097, filed by Transocean Ltd. and Valaris Limited with the Securities and Exchange Commission on May 19, 2026. </div> </td> </tr> </table><table style="font-size: 12pt; border-spacing: 0px; border-collapse: collapse; width: 100%; margin-left: auto; margin-right: auto;"> <tr style="height: 0px; font-size: 0px;"><td style="width: 1%;"> </td><td style="width: 99%;"> </td></tr><tr style="vertical-align: top;"> <td style="padding: 0px 0pt; font-size: 10pt;"> <div style="margin-bottom: 4pt;"> (3) </div> </td> <td style="padding: 0px 5.4pt; font-size: 10pt;"> <div style="margin-bottom: 4pt; text-align: justify;"> Offset pursuant to Rule 0-11 of the Securities Exchange Act of 1934, as amended. </div> </td> </tr> </table> true true true 001-38373 2026-05-19 1042963.85 false Transocean Ltd. 001-38373 2026-05-19 1042963.85 SC 14A SC 14A SC 14A 0000314808 EX-FILING FEES PREM14A