Carnival PLC — Board/Management Information 2014

Jan 7, 2014

National Storage Mechanism | Additional information

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CARNIVAL PLC - Current Report on Form 8-K – Director Resignation

PR Newswire

London, January 7

           CURRENT REPORT ON FORM 8-K- Director ResignationMIAMI (January 7, 2014) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)announce that its joint current report on Form 8-K was filed with the U.S.Securities and Exchange Commission on January 7, 2014 that Pier Luigi Foschi, amember of the Boards of Directors of Carnival Corporation and Carnival plc(together, the "Companies"), Chairman of Costa Crociere, S.p.A. and Chairmanand Chief Executive Officer of Carnival Asia, a division of Carnival plc,notified the Companies on January 6, 2014 that he will be retiring from theBoards of Directors effective January 6, 2014 and from employment with theCompanies which concluded November 30, 2013.On January 6, 2014, the Companies, along with Costa Crociere, S.p.A. andCarnival Asia (collectively, "Carnival") entered into a Mutual Separation andSettlement Agreement (the "Settlement Agreement") with Mr. Foschi. TheSettlement Agreement provides for, among other things, non-competition,non-solicitation, and confidentiality covenants as well as a general waiver ofclaims against Carnival, its affiliates, officers and directors by Mr. Foschi.Carnival Corporation will pay Mr. Foschi €1,000,000 in consideration for hiswaiver of claims and €250,000 in consideration for the non-competition andnon-solicitations obligations provided for in the Settlement Agreement.A copy of the joint current report on Form 8-K, has been submitted to theNational Storage Mechanism. The joint current report will be available shortlyfor inspection at http://www.morningstar.co.uk/uk/NSM. A copy of the jointcurrent report is also available on the Carnival Corporation & plc website atwww.carnivalcorp.com and www.carnivalplc.com.