Carnival Corporation & plc

Notification of Transactions of Directors/PDMRS

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Arnold W. Donald
2 Reason for the notification
a) Position/status President & Chief Executive Officer of Carnival Corporation & plc / Director
b) Initial notification/ Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Carnival Corporation
b) Legal Entity Identifier F1OF2ZSX47CR0BCWA982
4A Details of the transaction: 1
a) Description of the financial instrument, type of instrument
Identification code
Common stock with a nominal value of US$0.01 per share

CUSIP: 143658300
b) Nature of the transaction Automatic vesting of restricted stock units (including dividend equivalents accumulated thereto during the restricted period) on December 24, 2019 as a result of the Reporting Person becoming eligible for retirement due to his age.
c) Price(s) and volume(s) Price(s)
$50.94
Volume(s)
23,337
d) Aggregated information
- Aggregated volume
- Price

23,337
$50.94
e) Date of the transaction 2019-12-24
f) Place of the transaction Off Market
4B Details of the transaction: 2
a) Description of the financial instrument, type of instrument
Identification code
Common stock with a nominal value of US$0.01 per share

CUSIP: 143658300
b) Nature of the transaction Represents a surrender of shares to satisfy the tax obligation on the vesting of restricted stock units released on December 24, 2019 as a result of the Reporting Person becoming eligible for retirement due to his age.
c) Price(s) and volume(s) Price(s)
$50.94
Volume(s)
18,020
d) Aggregated information
- Aggregated volume
- Price

18,020
$50.94
e) Date of the transaction 2019-12-24
f) Place of the transaction Off Market

Arnaldo Perez

General Counsel & Secretary

Carnival Corporation & plc

3655 NW 87th Avenue

MLGL-815

Miami, FL 33178

T: 305.599.2600

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