2020 SUSTAINABILITY GOALS ENVIRONMENTAL SAFETY LABOR & SOCIAL

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1 2020 SUSTAINABILITY GOALS NVIRONMNTAL SAFTY LABOR & SOCIAL CARBON FOOTPRINT TRH CO CO2 System(AWWPS) TRH Purification COLD IRONING CAPACITY 2 INCR A S INCR WT RDUCTION TRH Continue to reduce waste generated by our shipboard operations by by 2020 relativetrh TRH to our 20 baseline, as measured by kilograms of non-recycled waste per person per day. INCR WATR FFICINCY Continue to improve water use efficiency of our shipboard operations by by 2020 relative to our 20 baseline, as measured by liters per person per day. TRH INCR INCR 2 TRH Increase Cold Ironing coverage of our fleet wide capacity in relation to future port capabilities. CO2 2 CO2 2 Continue to improve the quality of our emissions into the air by developing, deploying and operating xhaust Gas Cleaning Systems across the fleet capable of reducing sulfur compounds and particulate matter from our ship s engine exhaust. coverage of our fleet wide capacity by percentage points by 2020 relative to our 2014 baseline. 2 CO XHAUST G CLANING TCHNOLOGY TCHNOLOGY AWWPS 2 2 Increase Advanced Waste Water TRH INCR INCR INCR DIVRSITY & THICS S RA Continue to build a diverse and inclusive workforce and provide all employees with a positive work environment and opportunities to build a rewarding career to further drive employee engagement. INC GUST AND CRWMMBR HALTH, SAFTY & SCURITY Reduce the intensity of CO 2e (equivalent carbon dioxide) emissions from our operations by 2 by 2020 relative to our 200 baseline, measured in gramstrh of CO2e per ALB-km. 2 2 CO2 2 COCO22 2 CO2 INCR Striving to be free of injuries, we continue to build on our commitment to protect the health, safety and security of our guests, employees and all others working on our behalf. OUR COMMUNITY BUSINSS PARTNR COD OF CONDUCT AND THICS Further develop and implement vendor assurance procedures ensuring compliance with Carnival Corporation & plc s Business Partner Code of Conduct and thics. Continue to work on initiatives and partnerships that support and sponsor a broad range of organizations for the benefit of our local and global communities throughout our brands, in particular Fathom. CARNIVAL CORPORATION & PLC Sustainability

2 2016 GOALS UPDAT NVIRONMNTAL SAFTY LABOR & SOCIAL 2 AHAD OF SCHDUL 24.8 reduction achieved relative to our 200 baseline. First cruise ship in the world to be powered by LNG while in port by trucks. Seven LNG fueled new builds on order. xpanded partnership with Wärtsilä to drive further gains in engine efficiency. TCHNOLOGY XHAUST G CLANING 9 of fleet equipped with xhaust Gas Cleaning Systems. TRH OF SCHDUL Increased fleet wide capacity coverage byahad 3.3 percentage points. INCR TCHNOLOGY AWWPS AHAD OF SCHDUL 40 of fleet equipped with cold ironing capabilities. COLD IRONING CAPACITY CO2 2 TRH AHAD OF SCHDUL ON WT TRACK RDUCTION Continued recycling partnerships and programs. GUST AND CRWMMBR HALTH, SAFTY & SCURITY Developed procedures to control and prevent the spread of Zika virus. AHAD OF SCHDUL Continued to identify and roll out best occupational health and safety practices across our brands. Continued to Isupport research to test the efficiency of disinfection R NC products against norovirus. Standardized security training. TRH Decreased impact on ports visited by producing more water from sea water. INCR INCR S A Continue to use LNG for cruise ship cold ironing. SCHDUL AHAD OF WATR FFICINCY 2 S A ON TRACK INCR 2 CO2 TRH INCR CO2 DIVRSITY & THICS 2020 SUSTAINABILITY GOALS INCR NCR 2 CARBON FOOTPRINT CO2 CO2 INCR AHAD OF SCHDUL Continued to build a diverse and inclusive workforce. Developed and disclosed a slavery and human trafficking statement to further support human rights and the global communities our employees are from. Revised corporate Health, nvironmental, Safety and Security policy. Initiated the implementation of a diversity council. BUSINSS PARTNR COD OF CONDUCT AND THICS Revised Business Partner Code of Conduct and thics. Commenced distribution of a Supplier valuation Questionnaire within our supply chain. OUR COMMUNITY AHAD OF SCHDUL Launched our impact travel experience - Fathom - TRAVLdeep. Continued partnership with The Big Brothers Big Sisters program. Continued partnership with The Nature Conservancy. Donated $2 million to the Smithsonian National Museum of African American History & Culture over a five-year period. SUSTAINABILITY FROM SHIP TO SHOR 11

3 PRFORMANC SUMMARY nvironmental Data Units Total Ships Number GRNHOUS G MISSIONS (GHGs) 1 Total GHG missions - Location Based Metric Tonnes CO 2 e,38,721,374,922,39,036 Total GHG missions - Market Based Metric Tonnes CO 2 e N/A,377,23,38,413 Direct GHG missions Metric Tonnes CO 2 e,319,47,320,701,491,277 > Ship Direct GHG missions Metric Tonnes CO 2 e,296,032,301,296,462,81 >> Ship Fuel GHG missions Metric Tonnes CO 2 e,062,313,09,618,226,88 >> Ship Refrigerant GHG missions Metric Tonnes CO 2 e 233, , ,263 > Shore Direct GHG missions Metric Tonnes CO 2 e 23,443 19,40 28,42 Indirect GHG missions - Location Based 2 Metric Tonnes CO 2 e 66,246 4,221 47,79 > Shore Indirect GHG missions - Location Based Metric Tonnes CO 2 e 4,34 4,201 41,019 > Ship Indirect GHG missions - Location Based 3 Metric Tonnes CO 2 e 20,712 9,020 6,740 Indirect GHG missions - Market Based 2 Metric Tonnes CO 2 e N/A 6,33 47,136 > Shore Indirect GHG missions - Market Based Metric Tonnes CO 2 e N/A 44,646 37,81 > Ship Indirect GHG missions - Market Based 3 Metric Tonnes CO 2 e N/A 11,887 9,28 Ship Fuel Greenhouse Gas mission Rate Grams CO 2 e/ ALB-Km AIR MISSIONS Ship Fugitive Refrigerant Releases 1 Kilograms 11,918 12, ,936 Ship Ozone Depleting Substances (ODS) missions 1,4 Kg CFC-11e 667 2,130,292 Total Sulfur Oxides (SOx) missions Metric Tonnes 132,38 113,390 98,089 Sulfur Oxides (SOx) missions Rate Kg SOx/NM Total Nitrogen Oxides (NOx) missions 6 Metric Tonnes 249,60 249,421 23,32 Nitrogen Oxides (NOx) missions Rate 6 Kg NOx/NM Total Particulate Matter (PM 2. ) missions 7 Metric Tonnes 2,42 2,174 2,092 Particulate Matter (PM 2. ) mission Rate 7 Kg PM/NM NRGY & LCTRICITY Total nergy Consumption Gigajoules 131,221,17 131,964,13 134,237,02 > Ship nergy Consumption Gigajoules 130,916,20 131,697,17 133,946,419 > Shore nergy Consumption Gigajoules 304, ,36 290,606 Total nergy Consumption Rate Kilojoules/ ALB-Km 3,72 3,492 3,427 Total Ship Fuel Consumption 1 Metric Tonnes 3,194,177 3,181,202 3,233,138 Ship Fuel Consumption Rate 1 Grams Fuel/ ALB-Km Total Purchased lectricity MWh 96,467 11,819 2,723 > Shore Purchased lectricity MWh 68,008 8,92 78,827 > Ship Purchased lectricity MWh 28,49 29,894 23,896 SHIP FUL 1 High Sulfur Fuel Oil (HSFO) Percent Low Sulfur Fuel Oil (LSFO) Percent Marine Diesel Oil/Marine Gas Oil (MDO/MGO) Percent POTABL WATR Total Water Consumption 8 Metric Tonnes 2,632,60 2,91,974 26,66,0 > Water Purchased (From Shore) Metric Tonnes 6,968,014 6,099,369 6,079,24 > Water Produced (From Sea) Metric Tonnes 18,664,46 19,492,60 20,487,22 Water Consumption Rate Liters/Person-Day ) Independently verified by Lloyd s Register Quality Assurance (LRQA) in accordance with ISO :2006, Greenhouse gases Part 3: Specification with guidance for the validation and verification of greenhouse gas assertion. 2) Revised FY2016 emission factors in accordance with GHG protocol emissions factor library, Green- and reliable disclosure. 3) nhanced data control processes to improve FY201 and FY2016 data consistency. 4) The conversion factors to obtain the amount of CFC-equivalent from the various types of refrigerant gases are those given in the Montreal Protocol Technical Papers. FY2016 increase was due to accidental releases of a gas with a high ODS value into the environment. 80 CARNIVAL CORPORATION & PLC Sustainability

4 PRFORMANC SUMMARY nvironmental Data Units Total Ships Number WTWATR Bilge Water Discharge to Sea Metric Tonnes 264, ,18 20,846 Bilge Water Sea Discharge Rate Liters/NM Total Gray Water Discharged Metric Tonnes 18,096,24 17,494,817 18,003,643 > Gray Water Discharged to Sea Metric Tonnes 17,919,686 17,347,118 17,862,704 > Gray Water Discharged to Shore Metric Tonnes 176,9 147, ,939 Gray Water Discharge Rate Liters/Person-Day Total Black Water Discharged Metric Tonnes 7,098,169 7,692,427 7,963,662 > Treated Black Water Discharged to Sea 9 Metric Tonnes 7,030,809 7,78,23 7,860,077 > Treated Black Water Discharged to Shore 9 Metric Tonnes 32,469 44,721 46,484 > Untreated Black Water Discharged to Sea Metric Tonnes 31,808 69,303,181 > Untreated Black Water Discharged to Shore Metric Tonnes 3, ,920 Black Water Discharge Rate 9 Liters/Person-Day WT DISPOSAL 11 Total Waste Metric Tonnes 477,70 486,41 - > Hazardous Waste Metric Tonnes 21,67 27,904 - > Non-Hazardous Waste Metric Tonnes 4,913 48,46 - Waste Rate (xcluding Recycling) Kilograms/Person-Day Total Waste Disposed to Shore Metric Tonnes 16, ,748 - > Hazardous Waste Disposed to Shore Metric Tonnes 9,178 11,308 - > Non-Hazardous Waste Disposed to Shore Metric Tonnes 147, ,440 - Total Waste Recycled to Shore Metric Tonnes 128,96 129,499 - > Hazardous Waste Recycled to Shore Metric Tonnes 11,392 1,648 - > Non-Hazardous Waste Recycled to Shore Metric Tonnes 117,6 113,81 - Food Waste Discharged to Sea Metric Tonnes 2,688,68 - Total Waste Incinerated Shipboard Metric Tonnes 89,24 90,4 - Non-Hazardous and Hazardous Waste Recycled Percent SPILLS & FINS 8 Total Number of Significant Spills 12 Number Total Number of Reportable Spills 13 Number Total Volume of Reportable Spills Liters 3,8 8,488 1,77 Total # of Non-monetary Sanctions Number Monetary Value of Fines 14 U.S. Dollars ($) 62,939 3, ,401 ) The SOx weight calculations take into account the weighted-average sulfur content of the fuel consumed and the default emission factors. The default emission factor used for calculating SOx value is S x 20 x 0.96, where S is the fuel sulfur content. This calculation has been adjusted to account for exhaust gas cleaning system (GCS) use in FY2016. This adjustment was made based on the near-zero sulfur emissions resulting from planned HFO fuel consumption during GCS operations. In addition, FY201 data has been revised to correct an error. 6) The NOx weight is calculated based on default emission factors. The default emission factor used for calculating NOx value for HFO/LFO is 78 kg, MGO is 80 kg, and LNG is 7 kg of NOx per tonne of fuel consumed. These factors have been applied to FY201 and FY2014 for comparison purposes. 7) PM2. refers to particles with diameters between 2. and micrometers. The PM2. weight is calculated based on default emission factors. The default emission factor used for calculating PM2. value for HFO is 0.82 kg, LFO is 0.7 kg, MGO is 0.1 kg, and LNG negligible kilograms of PM2. per tonne of fuel consumed. These factors have been applied to FY201 and FY2014 for comparison purposes. This calculation has been adjusted to account for GCS use in FY2016. This adjustment was made based on PM2. emissions reduction resulting from planned HFO fuel consumption during GCS operations. 8) Independently verified by LRQA 9) FY201 & FY2016 treated black water discharges include treated black wastewater, treated gray wastewater and black and gray wastewater mixtures. In addition for FY2016, data control processes were enhanced to improve data consistency. ) Carnival s policy is to treat all black water prior to discharge to sea. These volumes are the result of accidental/ equipment failure discharges. 11) In FY2016, we commenced a comprehensive evaluation of our waste management accounting practices and introduced a new approach for sustainability reporting purposes. With the goal of continuous operational improvement, we refocused our efforts to standardize waste definitions and units of measure across our global brands. This approach allows for consistent trend analysis and reporting. FY2016 waste data will be available in the next performance summary. For regulatory reporting purposes, we comply with the requirements of the particular country where waste is landed. 12) A significant spill is defined as a spill for which the monetary sanctions are $0,000 or greater, and which is reportable in the Carnival Corporation & plc Annual Report on Form -K. 13) For FY201 & FY2016, Carnival has defined a reportable spill for internal reporting purposes as a release of soot as well as a release of oil/grease/chemicals that is in excess of 0. liters (00 ml). However, in U.S. waters a spill that causes oil sheen is also reported and included in the total number of spills reported, even though the volume may be less than 0. liters. 14) Carnival settled and paid $277,401 during FY2016, the bulk of which was in relation to emerging sulfur emissions regulatory changes. On December 1, 2016 (FY2017), Princess Cruises paid a $40M USD fine as part of a plea agreement with the U.S. Government. SUSTAINABILITY FROM SHIP TO SHOR 81

5 PRFORMANC SUMMARY Social Data (Shipboard) Units WORKFORC Average Crew Number 81,200 82,200 84,600 DIVRSITY Labor Sourcing Region: > North & Central America Percent > South America Percent > urope Percent > Asia Percent > Australia Percent > Africa Percent Gender Distribution - Female Percent Gender Distribution - Male Percent INJURIS & FATALITIS Total Injuries Number 2,304 2,26 2,37 > Minor Injuries Number 1,1 1,211 1,304 > Serious Injuries Number > Major Injuries Number Accidental Deaths Number HALTH & SAFTY 1 Total CDC VSP Inspections Number > CDC VSP Inspections - Ships scoring 0 Number > CDC VSP Inspections - Ships scoring Number > CDC VSP Inspections - Ships scoring < 86 Number OTHR STATISTICS mployee Turnover Percent mployees Covered by Collective Bargaining Agreements (CBA) 2 Percent mployees Represented by H&S Committees Percent CARNIVAL CORPORATION & PLC Sustainability

6 PRFORMANC SUMMARY Social Data (Shoreside) Units WORKFORC Average Number of Full Time mployees Number,0,000,00 Average Number of Part Time mployees Number 2,800 2,400 2,0 Shoreside mployee Status - Full Time Percent Shoreside mployee Status - Part Time Percent DIVRSITY Gender Distribution - Female Percent Gender Distribution - Male Percent MPLOYS BY BRAND HADQUARTR RGION 3 Australia Percent urope Percent North America Percent INJURIS & FATALITIS Injuries Number Accidental Deaths Number TRAINING AND PRFORMANC 4 Total Training Hours 129, ,613 12,029 OTHR STATISTICS mployee Turnover Percent mployees Covered by Collective Bargaining Agreements (CBA) 2 Percent mployees Represented by Health & Safety (H&S) Committees Percent ) Independently verified by LRQA 2) For FY201 & FY2016 CBA s are defined as per labor unions or labor organizations at the various countries or geographical regions where we do business. 3) In addition to our headquarter locations, other offices are located worldwide. Due to varying legal requirements worldwide, further detail on our employee base is limited. 4) For FY201 & FY2016, enhanced data control processes to improve consistency. ) For FY201 & FY2016, adjusted for seasonal employees at Holland America Princess Alaska Tours. Therefore, FY2014 turnover percentages are not comparable to FY201 and FY2016. SUSTAINABILITY FROM SHIP TO SHOR 83