Norwegian Cruise Line Holdings Financial Report 2019

MIAMI, Florida – February 20, 2020 – Norwegian Cruise Line Holdings Ltd. today reported financial results for the fourth quarter and full year ended December 31, 2019, as well as provided guidance for the first quarter and full year 2020.

• Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2019
Financial Results
• Strong Demand for Company’s Global Brands Drives Record Revenue and Earnings Per Share for Full Year 2019
• Records Sixth Consecutive Year of Record Revenue and Earnings Per Share
• Company Entered 2020 In Record Booked Position and at Higher Prices
• Regent Seven Seas Splendor Joins Fleet
• Announces Cancellation of Asia Voyages Across its Three Brands Through Third Quarter 2020
• Provides 2020 Guidance Excluding COVID-19 Coronavirus Impact

“I am pleased to announce that Norwegian Cruise Line Holdings’ business model once again demonstrated its resilience in the face of significant exogenous headwinds by delivering yet another successful year in 2019, which included the sixth consecutive year of record revenue and earnings per share and seventh consecutive year of Net Yield growth,” said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “As a result of the strong global demand for cruises witnessed throughout 2019, we entered 2020 in the best booked position and at prices higher than last year’s record levels. This trend continued through late January until the COVID-19 outbreak began having an adverse impact on our business. We have taken several proactive measures to protect the health and safety of our guests and crew throughout our fleet, including implementing strict protocols regarding passenger embarkation, and in an abundance of caution have cancelled or modified several voyages in the Asia region through the third quarter of this year. While the effect of these impacts cannot be fully quantified at this time, our Company has an exemplary track record of demonstrating its resilience in challenging environments and we remain confident in our ability to deliver strong financial performance over the long-term.”