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REG-Carnival PLC: Princess Cruises Extends Pause from Southampton

Princess Cruises Extends Pause of Cruise Vacations on Roundtrip Southampton
Sailings through September 25, 2021

Short Summer Coastal Cruises to Be Offered For UK Residents

SANTA CLARITA, Calif., March 3, 2021 -- As Princess Cruises continues to
review and assess its operations following the recent UK Government
announcement on the roadmap to ease lockdown and related international travel
restrictions, the company is extending the pause of its UK-based cruise
vacations, sailing roundtrip from Southampton, through September 25, 2021 on
Sky Princess, Regal Princess and Island Princess.

For UK guests, Princess Cruises will launch a series of new short cruises
departing in late- summer on Regal Princess and Sky Princess from Southampton
that will go on sale later this month.

"We share in our guests’ disappointment over these cancelled voyages, and we
appreciate the continued understanding and cooperation from our loyal guests
and travel advisors," said Jan Swartz, president of Princess Cruises. "As we
prepare our ships for a return to service, we remain in close contact with the
UK Government to monitor the latest travel guidance for international guests."

For guests booked on a cancelled voyage, Princess will offer to move guests to
the equivalent cruise in 2022. The rebooking process will have the added
benefit of protecting the guests’ 2021 fare on their 2022 voyage.
Alternatively, guests can choose a future cruise credit (FCC) equivalent to
100% of the cruise fare paid plus an additional non-refundable bonus FCC equal
to 10% of the cruise fare paid (minimum $25 USD) or a full refund to the
original form of payment.

For guests currently booked on a cancelled voyage where there is no matched
cruise available in 2022, guests will automatically receive a refundable
future cruise credit (FCC) equivalent to 100% of the cruise fare paid plus an
additional non-refundable bonus FCC equal to 10% of the cruise fare paid
(minimum $25). Alternatively, guests can request a full refund to the original
form of payment.

Requests must be received through this online form
(https://www.princess.com/pcl/) by April 15, 2021 or guests will automatically
receive the FCC option. FCCs can be used on any cruises booked by and sailing
by December 31, 2022.

Princess will transfer the commission earned by travel agents from the
cancelled 2021 cruise to the new booking in 2022 that was paid in full. This
convenience is in recognition of the critical role they play in the cruise
line’s business and success.

The most current information and instructions for booked guests affected by
these cancellations, and more information on FCCs and refunds, can be found
online at Information on Impacted & Cancelled Cruises
(https://www.princess.com/plan/impacted-and-cancelled-cruises/).

About Princess Cruises:

One of the best-known names in cruising, Princess Cruises is the world’s
leading international premium cruise line and tour company operating a fleet
of 14 modern cruise ships, carrying two million guests each year to 380
destinations around the globe, including the Caribbean, Alaska, Panama Canal,
Mexican Riviera, Europe, South America, Australia/New Zealand, the South
Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. A
team of professional destination experts have curated 170 itineraries, ranging
in length from three to 111 days and Princess Cruises is continuously
recognized as "Best Cruise Line for Itineraries." In 2017 Princess Cruises,
with parent company Carnival Corporation, introduced MedallionClass Vacations
enabled by the OceanMedallion, the vacation industry’s most advanced
wearable device, provided free to each guest sailing on a MedallionClass ship.
The award-winning innovation offers the fastest way to an effortless
personalized vacation giving guests more time to do the things they love most.
The company is part of Carnival Corporation & plc.

Media Contacts:
media@princesscruises.com

Negin Kamali
+1 661 753 1539
nkamali@princesscruises.com



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