CARNIVAL CORP — Director's Dealing 2025

Nov 26, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARNIVAL CORP (CCL)
CIK: 0000815097
Period of Report: 2025-11-25

Reporting Person: ARISON MICKY MEIR (Director, Chair of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-25	Common Stock	G	8472297	—	Acquired	13406463	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	80736445	Indirect

Footnotes

F1: On November 25, 2025, Nickel 2025-05 Trust No. 2, a trust for the benefit of Micky Arison and his family, received 8,472,297 shares of Carnival Corporation common stock in a distribution from Artsfare 2023-05 Trust No. 2 in connection with the passing of Marilyn B. Arison.

F2: Includes (i) 841,506 shares of Carnival Corporation common stock held by the NA 2017-08 Trust, (ii) 841,506 shares of Carnival Corporation common stock held by the KA 2017-08 Trust, (iii) 739,492 shares of Carnival Corporation common stock held by the 2022 KA Remainder Trust, (iv) 1,169,893 shares of Carnival Corporation common stock held by Nickel KA 2022 Trust #2, (v) 215,826 shares of Carnival Corporation common stock held by Nickel KA 2023 Trust #1, (vi) 509,066 shares of Carnival Corporation common stock held by Nickel KA 2024 Trust #1, (vii) 616,877 shares of Carnival Corporation common stock held by Nickel KA 2025 Trust #1, and 8,472,297 shares of Carnival Corporation common stock held by Nickel 2025-05 Trust #2. The Reporting Person disclaims beneficial ownership of the shares of Carnival Corporation common stock held by the NA 2017-08 Trust, the KA 2017-08 Trust and the 2022 KA Remainder Trust.