Norwegian Cruise Line (NCLH) Proxy Filing summary

Board of directors and corporate governance

• Board size increased from eight to nine members with the appointment of Linda P. Jojo as a Class I director, effective May 7, 2025, with a term expiring at the 2026 Annual General Meeting.

• Linda P. Jojo determined to be an independent director under NYSE standards, with no family relationships or related party transactions requiring disclosure.

• Jojo brings over 30 years of experience in IT, cybersecurity, and customer experience, with executive roles at United Airlines, Rogers Communications, and GE.

• Jojo currently serves on the boards of Exelon Corporation, Federal Reserve Bank of Chicago, and Hero Digital LLC.

Executive compensation and say-on-pay

• Jojo will receive an annual cash retainer of $100,000, a $20,000 committee member retainer, and an annual RSU award valued at $200,000, with a pro-rated RSU for 2025.

• Beginning in 2026, Jojo may elect to receive all or part of her cash retainer in RSUs.

• Jojo has entered into the standard indemnification agreement for directors.

Voting matters and shareholder proposals

• Shareholders are not being asked to vote on Jojo's appointment at the 2025 Annual Meeting; no changes to Proposal 1 regarding election of Class III Directors.

• Proxy cards remain unchanged and previously submitted votes do not require further action.