Carnival Cruises

Princess Cruises

Holland America

Investor Relations

News Release

Back

CARNIVAL PLC – INTRAGROUP TRANSACTION

To optimize certain existing intercompany loan balances between Carnival plc and Carnival Corporation, Carnival plc announces in accordance with Listing Rule 9.6.4R that it has agreed to allot and issue 1 ordinary share of US$1.66 (the "Share") to Carnival Corporation at a subscription price of US$1 billion. The Share will not carry the right to vote while it is owned by Carnival Corporation, in accordance with the Articles of Association of Carnival plc. The transaction does not impact the consolidated liquidity, financial position or net assets of Carnival Corporation & plc, and supports intercompany balance sheet management, optimizing the standalone Carnival plc balance sheet.

Admission

Applications have been made to the Financial Conduct Authority for the Share to be admitted to listing on the premium listing segment of the Official List, and to the London Stock Exchange for the Share to be admitted to trading on the London Stock Exchange's main market for listed securities ("Admission").

The transaction is conditional on Admission, which is expected to occur on January 31, 2023.

AIDA Cruises is the market leader in the German-speaking cruise market. Home of the smile, AIDA Cruises is the epitome of a premium-quality, relaxing cruise and operates one of the world’s most state-of-the-art fleets.

Visit: www.aida.de

Carnival Cruise Line, also known as America’s Cruise Line, is a leader in contemporary cruising and operates a fleet of ships designed to provide fun and memorable vacation experiences at a great value.

Visit: www.carnival.com

Costa Cruises delivers Italy’s finest at sea, bringing modern Italian lifestyle to its ships to provide guests with a true European experience that embodies a unique passion for life through warm hospitality, entertainment and gastronomy.

Visit: www.costacruise.com

Cunard is the epitome of British refinement for travelers who relish the line’s impeccable White Star Service, gourmet dining, world-class entertainment, and the legacy of historic voyages and transatlantic travel.

Visit: www.cunard.com

Holland America Line's premium fleet of spacious, elegant mid-sized ships feature sophisticated five-star dining, extensive entertainment and activities, innovative culinary enrichment programs and compelling worldwide itineraries.

Visit: www.hollandamerica.com

P&O Cruises (UK) is Britain’s favorite cruise line with a fleet of ships combining genuine service and a sense of occasion and attention to detail, ensuring passengers have the holiday of a lifetime, every time.

Visit: www.pocruises.co.uk

P&O Cruises (Australia) provides a quintessential holiday experience for Australians and New Zealanders, taking them to some of the world's most idyllic and hard-to-reach places across Asia and the South Pacific.

Visit: www.pocruises.co.au

Princess is the world’s leading international cruise line and tour company operating a fleet of modern cruise ships, renowned for the innovative design and wide array of choices in dining, entertainment and amenities.

Visit: www.princess.com

Seabourn provides ultraluxury cruising vacations in a unique, small-ship style that focuses on genuine, intuitive service, all-suite accommodations, superb cuisine and unique experiences in destinations worldwide.

Visit: www.seabourn.com