Carnival — Dec 19, 2025 release

These efforts and our strong continued operating performance, resulted in multiple credit rating upgrades throughout the year, culminating in reaching investment grade with Fitch and being one notch away with a positive outlook from S&P.” Based on the company’s ability to generate sustainable cash flow, disciplined capital allocation strategy and strong financial position, the Boards of Directors today approved the reinstatement of the company’s quarterly dividend 1 and declared an initial $0.15 per share dividend with a record date of February 13, 2026 and a payment date of February 27, 2026. “This decision highlights confidence in our future performance and continued commitment to delivering value to shareholders,” Bernstein added. 1 Holders of Carnival Corporation common stock and Carnival plc ADSs will receive the dividend payable in U.S. dollars. The dividend for Carnival plc ordinary shares will be payable in U.S. dollars or sterling. In the absence of instructions or elections to the contrary, holders of Carnival plc ordinary shares will automatically receive the dividend in sterling. Dividends payable in sterling will be converted from U.S. dollars at the exchange rate quoted by Bloomberg (BFIX) in London at 12 noon on February 17, 2026. Holders of Carnival plc ordinary shares wishing to receive their dividend in U.S. dollars or participate in the Carnival plc Dividend Reinvestment Plan must elect to do so by February 13, 2026. During the quarter, the company successfully issued $1.25 billion of senior unsecured notes at 5.125 percent due in 2029. In addition, the company entered into two $250 million loans due 2027. The combined proceeds from these financings, together wit