REG-Carnival PLC: Results of Annual General Meeting and Share Repurchase

CarnivalAnnouncement

12/04/2018 07:05

Results of Annual General Meeting and Share Repurchase Program

MIAMI (April 12, 2018) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
held its annual shareholders' meetings this week in New York, New York, and
has announced that all of the resolutions recommended by the Boards of
Directors were passed at the annual general meetings.

The results of the polls conducted at the annual general meetings will be
available on the Carnival Corporation & plc website at www.carnivalcorp.com
and www.carnivalplc.com.

Carnival Corporation & plc is committed to increasing shareholder returns
through a combination of dividend distributions and share repurchases.  In
line with that policy, and as previously announced, on April 10, 2018 the
Boards of Directors approved a modification of the general authorization under
the share repurchase programme, which replenished the remaining authorized
purchases remaining at the time of approval to US$1 billion, covering both
Carnival Corporation common stock and Carnival plc ordinary shares (the
“Programme”).

The purpose of the Programme is to reduce share capital as part of our
commitment to increasing shareholder returns through the repurchase of both
Carnival Corporation common stock and Carnival plc ordinary shares.  As part
of the Programme, we have entered into arrangements with brokers to continue
to repurchase Carnival plc ordinary shares, subject to certain pre?set
parameters, through July 10, 2019 (in line with the share repurchase authority
granted at the 2018 annual general meetings).  In accordance with that
authority, the maximum number of Carnival plc ordinary shares to be
repurchased is 20,934,527 shares. The Programme may continue during any closed
periods of which may fall during this period.

All Carnival plc ordinary shares repurchased under the Programme will be held
in treasury.



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