REG-Carnival PLC: Court Sanction of Scheme of Arrangement

CarnivalAnnouncement

Today 14:15

 

Court Sanction of Scheme of Arrangement

 

MIAMI, May 1, 2026 -- On April 20, 2026,                                 
Carnival Corporation & plc                     
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4678410-1&h=2330656189&u=http%3A%2F%2Fcarnivalcorp.com%2F&a=Carnival+Corporation+%26+plc)
          (NYSE: CCL) (LSE: CCL) (NYSE: CUK) announced that their shareholders
had voted in favor of the proposed DLC Unification (unification of Carnival
Corporation and Carnival plc's dual-listed company structure) and the proposed
redomiciliation of Carnival Corporation from Panama to Bermuda. Carnival
Corporation & plc are pleased to announce that the UK Court has today
sanctioned the Scheme pursuant to which the DLC Unification is being
implemented.

Next Steps and Timetable

The expected timetable of principal events remains as set out on pages viii
and ix of the combined shareholder document referred to below.

The Scheme remains conditional on, and will become effective upon, the
delivery of a copy of the Court Order to the UK Registrar of Companies, which
is expected to occur on May 7, 2026.

The Scheme Record Time is expected to be 6.00 p.m. on May 5, 2026.

The last day for dealings in, and for registrations of transfers of, Carnival
plc's ordinary shares is expected to be May 5, 2026, and Carnival plc's
ordinary shares will be disabled in CREST from 6.00 p.m. on that date.

The listing of Carnival plc's ordinary shares on the Official List and
dealings in such shares on the London Stock Exchange's Main Market for Listed
Securities are expected to be suspended with effect from 7.30 a.m. on May 6,
2026. London Stock Exchange's Main Market for listed securities. It is
expected that the cancellation of admission to listing and to trading of
Carnival plc's ordinary shares will take effect from 8.00 a.m. on May 7, 2026.

A further announcement will be made when the DLC Unification and
Redomiciliation Transactions have completed, which is expected to occur on May
7, 2026.

General

Capitalized terms used but not otherwise defined in this announcement have the
meanings given in the combined shareholder document dated February 27, 2026,
comprising a registration statement on Form S-4 and a joint definitive proxy
statement in compliance with Regulation 14A of the U.S. Securities Exchange
Act of 1934 and section 897 of the UK Companies Act 2006. All references to
times in this announcement are to London times unless otherwise stated.

About Carnival Corporation & plc                    
          Carnival Corporation & plc is the largest global cruise company and
among the largest leisure travel companies, with a portfolio of world-class
cruise lines – AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard,
Holland America Line, P&O Cruises, Princess Cruises and Seabourn.

For more information, please visit                                  www       
             
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4678410-1&h=3564522407&u=http%3A%2F%2Fwww.carnivalcorp.com%2F&a=www)
                                .carnivalcorp.com                     
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4678410-1&h=3001228019&u=http%3A%2F%2Fwww.carnivalcorp.com%2F&a=.carnivalcorp.com)
         ,                                  www.aida.de                       
       ,                                  www.carnival.com                    
          ,                                  www.                             
                        costacruise                     
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4678410-1&h=497682488&u=http%3A%2F%2Fwww.costacruises.com%2F&a=costacruise)
                                s                     
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4678410-1&h=3430446255&u=http%3A%2F%2Fwww.costacruises.com%2F&a=s)
                                .                     
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4678410-1&h=2885523260&u=http%3A%2F%2Fwww.costacruises.com%2F&a=.)
                                com                     
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4678410-1&h=3775062003&u=http%3A%2F%2Fwww.costacruises.com%2F&a=com)
         ,                                  www.cunard.com                    
          ,                                  www.hollandamerica.com           
                   ,                                  www.pocruises.com       
                       ,                                  www.princess.com    
                                     and                                    
       www.seabourn.com                               .

 

CONTACT: Carnival Corporation Investor Relations Contact: Beth Roberts,
Carnival Corporation, ir@carnival.com; Carnival Corporation Media Contacts:
Jody Venturoni, Carnival Corporation, jventuroni@carnival.com, Janna Rowell,
Carnival Corporation, jrowell@carnival.com

 



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