Carnival PLC — Director's Dealing 2023

Feb 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARNIVAL PLC (CUK)
CIK: 0001125259
Period of Report: 2023-02-06

Reporting Person: Thamm Michael Olaf (Group CEO - Costa Crociere)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-06	Ordinary Shares	A	25064	—	Acquired	204358.207	Direct
2023-02-06	Ordinary Shares	F	11781	$10.2642	Disposed	192577.207	Direct
2023-02-06	Ordinary Shares	A	87707	—	Acquired	280284.207	Direct
2023-02-06	Ordinary Shares	F	41222	$10.2642	Disposed	239062.207	Direct

Footnotes

F1: Vesting of performance-based restricted stock units ("PBS RSUs") granted in February 2020 pursuant to the Carnival plc 2014 Employee Share Plan which includes shares from the settlement of dividend equivalents accumulated during the PBS RSU restricted period. Each PBS RSU represents one share of Carnival plc ordinary shares.

F2: The reporting person was eligible to earn from 0-200% of the target amount of PBS RSUs based upon the extent to which Carnival Corporation & plc's annual adjusted operating income, as further adjusted for certain fuel price changes and currency exchange rate impact for each of the three fiscal years in the 2020-2022 performance period, return on invested capital for 2021-2022, and certain environmental, social & governance metrics, reach or exceed specified performance goals.

F3: Represents shares withheld by the Company to cover taxes associated with vesting of PBS RSUs.

F4: The transaction was conducted in British Pounds. The average sale price of GBP10.2642 was converted into US$ at the February 6, 2023 conversion rate of GBP1 = USD1.2049.

F5: Vesting of PBS RSUs granted in August 2020 pursuant to the Carnival plc 2014 Employee Share Plan. Each PBS RSU represents one share of Carnival plc ordinary shares.

F6: The reporting person was eligible to earn from 0-150% of the target amount of PBS RSUs based upon the extent to which Carnival Corporation & plc's certain specified environmental, social & governance metrics over the 2020-2022 performance period reach or exceed specified performance goals.