PART I - FINANCIAL INFORMATION [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) Unaudited Q1 2021 financial statements show a $2.0 billion net loss due to COVID-19, with increased cash and long-term debt [Consolidated Statements of Income (Loss)](index=4&type=section&id=Consolidated%20Statements%20of%20Income%20%28Loss%29) Q1 2021 revenues plummeted to $26 million from $4.8 billion, resulting in a $1.5 billion operating loss and a $2.0 billion net loss due to suspended operations Consolidated Income (Loss) Statement Summary | Indicator | Three Months Ended Feb 28/29, 2021 | Three Months Ended Feb 28/29, 2020 | | :--- | :--- | :--- | | **Total Revenues** | $26 million | $4,789 million | | **Operating Loss** | ($1,524) million | ($713) million | | **Net Loss** | ($1,973) million | ($781) million | | **Diluted EPS** | ($1.80) | ($1.14) | [Consolidated Balance Sheets](index=6&type=section&id=Consolidated%20Balance%20Sheets) As of February 28, 2021, the balance sheet shows total assets of $57.2 billion, with cash at $11.5 billion and long-term debt at $26.5 billion Key Balance Sheet Items (in millions) | Account | Feb 28, 2021 | Nov 30, 2020 | | :--- | :--- | :--- | | Cash and cash equivalents | $9,674 | $9,513 | | Short-term investments | $1,840 | $0 | | Total Assets | $57,226 | $53,593 | | Customer deposits | $1,826 | $1,940 | | Long-Term Debt | $26,522 | $22,130 | | Total Shareholders' Equity | $19,813 | $20,555 | [Consolidated Statements of Cash Flows](index=7&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Q1 2021 saw $1.5 billion net cash used in operations, $3.6 billion in investing, and $5.2 billion provided by financing Consolidated Cash Flow Summary (in millions) | Activity | Three Months Ended Feb 28/29, 2021 | Three Months Ended Feb 28/29, 2020 | | :--- | :--- | :--- | | Net cash used in operating activities | ($1,503) | $916 | | Net cash used in investing activities | ($3,589) | ($1,161) | | Net cash provided by financing activities | $5,216 | $1,089 | [Notes to Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes detail COVID-19's significant impact on liquidity and operations, covering debt issuances, covenant waivers, and future ship commitments - The company concluded it has sufficient liquidity (**$11.5 billion** in cash and short-term investments) to satisfy obligations for at least the next twelve months, based on assumptions of a gradual resumption of service and continued access to financing[34](index=34&type=chunk) - Total customer deposits were **$2.2 billion** as of February 28, 2021, the majority of which are future cruise credits (FCCs), with the portion to be recognized as revenue versus refunded being unestimable[45](index=45&type=chunk) - In February 2021, the company issued **$3.5 billion** of 5.8% senior unsecured notes due 2027[49](index=49&type=chunk) - The company obtained waivers for key debt covenants (Interest Coverage and Debt to Capital) through at least August 2022, providing financial flexibility during the operational pause[50](index=50&type=chunk) - As of April 1, 2021, the company faces approximately **70 individual lawsuits** and **10 purported class actions** related to COVID-19 incidents on its ships[65](index=65&type=chunk)[66](index=66&type=chunk) New Ship Growth Capital Commitments (in millions) | Year | Amount | | :--- | :--- | | Remainder of 2021 | $1,449 | | 2022 | $4,734 | | 2023 | $2,328 | | 2024 | $1,874 | | 2025 | $1,073 | | **Total** | **$11,459** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=22&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses COVID-19's severe impact, detailing phased service resumption, $23.6 billion in liquidity raised, and a $500 million monthly cash burn [Recent Developments](index=23&type=section&id=Recent%20Developments) The company is executing a phased resumption of guest operations, with several brands planning restarts in Europe and the UK from March to summer 2021 - Several brands are planning a phased return to service, including AIDA Cruises resuming in the Canary Islands in late March, Costa Cruises expecting to resume in May with Italian sailings, and P&O Cruises (UK), Cunard, and Princess Cruises offering UK coastal cruises starting in June/July, with Seabourn planning to resume in summer sailing from Greece[121](index=121&type=chunk) [Results of Operations](index=26&type=section&id=Results%20of%20Operations) Q1 2021 revenues fell 99% to $26 million, resulting in a $1.5 billion operating loss due to the operational pause, despite significant cost reductions Consolidated Results of Operations (in millions) | Category | Q1 2021 | Q1 2020 | % Change | | :--- | :--- | :--- | :--- | | **Revenues** | $26 | $4,789 | (99)% | | **Operating Costs & Expenses** | $535 | $3,523 | (85)% | | **Operating Loss** | ($1,524) | ($713) | 114% | - The company continues to expect a net loss on both a U.S. GAAP and adjusted basis for the second quarter of 2021 and the full year ending November 30, 2021[133](index=133&type=chunk) [Liquidity, Financial Condition and Capital Resources](index=29&type=section&id=Liquidity%2C%20Financial%20Condition%20and%20Capital%20Resources) The company aggressively managed liquidity, raising $23.6 billion since March 2020, ending Q1 2021 with $11.5 billion in liquidity and a $500 million monthly cash burn - Since March 2020, the company has raised **$23.6 billion** through a series of financing transactions, including **$6.0 billion** since December 2020[145](index=145&type=chunk) - The average monthly cash burn rate for Q1 2021 was **$500 million** and is expected to be approximately **$550 million** for the first half of 2021, including operating expenses, restart costs, interest, and capital expenditures[147](index=147&type=chunk) - Working capital increased to **$3.8 billion** from **$1.9 billion**, primarily due to the increase in cash from financing activities, with an expected return to a working capital deficit once normal operations resume[148](index=148&type=chunk) - The company has **$6.5 billion** of available export credit facilities to fund ship deliveries planned through 2024[154](index=154&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=31&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section outlines the company's market risk exposure, primarily interest rate risk, managed by maintaining a 61% fixed-rate and 39% floating-rate debt portfolio Debt Composition by Interest Rate Type | Rate Type | Percentage | | :--- | :--- | | Fixed rate | 48% | | EUR fixed rate | 13% | | **Total Fixed** | **61%** | | Floating rate | 20% | | EUR floating rate | 17% | | GBP floating rate | 2% | | **Total Floating** | **39%** | [Controls and Procedures](index=31&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of February 28, 2021, with no material changes to internal control over financial reporting - The President and Chief Executive Officer and the Chief Financial Officer and Chief Accounting Officer concluded that the company's disclosure controls and procedures were effective as of February 28, 2021[159](index=159&type=chunk) - There were no changes in internal control over financial reporting during the quarter that have materially affected, or are reasonably likely to materially affect, the company's internal controls[161](index=161&type=chunk) PART II - OTHER INFORMATION [Legal Proceedings](index=34&type=section&id=Item%201.%20Legal%20Proceedings) This section incorporates legal proceedings from Note 4, including COVID-19 lawsuits and a $0.8 million settlement by Holland America Line and Princess Cruises - The company references ongoing legal matters related to COVID-19 as detailed in Note 4 of the financial statements[164](index=164&type=chunk) - Holland America Line and Princess Cruises reached a settlement to pay **$0.8 million** regarding vessel discharges in the Farallones Island National Marine Sanctuary[165](index=165&type=chunk) [Risk Factors](index=34&type=page&id=Item%201A.%20Risk%20Factors) The COVID-19 pandemic is the most significant risk, impacting operations, liquidity, and reputation, with concerns over service resumption, debt covenant compliance, and credit rating downgrades [COVID-19 and Liquidity/Debt Related Risk Factors](index=34&type=section&id=COVID-19%20and%20Liquidity%2FDebt%20Related%20Risk%20Factors) This section details primary COVID-19 risks, including material negative impacts on finances and liquidity, uncertain service resumption, and potential debt covenant non-compliance post-waiver - The COVID-19 pandemic is expected to continue to have a significant negative impact on financial condition, operations, liquidity, and stock price due to its effect on the ability and desire of people to travel[167](index=167&type=chunk) - The company may be out of compliance with debt covenants after the waiver period ends (next testing date November 30, 2022), which could lead to default and acceleration of debt if further amendments are not secured[183](index=183&type=chunk)[186](index=186&type=chunk) - Credit ratings have been downgraded to non-investment grade by Moody's and S&P Global, which may negatively impact access to capital and increase the cost of future financing[179](index=179&type=chunk) - The company faces significant litigation and governmental investigations stemming from COVID-19, the outcomes of which are uncertain but could be material[171](index=171&type=chunk) [Exhibits](index=37&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including the indenture for the 5.75% Senior Unsecured Notes due 2027 and CEO/CFO certifications - Key exhibits filed include the Indenture for the **$3.5 billion** 5.75% Senior Unsecured Notes due 2027[198](index=198&type=chunk) - Certifications from the President and Chief Executive Officer and the Chief Financial Officer pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 are included as exhibits[192](index=192&type=chunk)[193](index=193&type=chunk)[200](index=200&type=chunk)[201](index=201&type=chunk) Signatures The report is formally concluded with the signatures of authorized officers from Carnival Corporation and Carnival plc, affirming the filing's contents - The report was duly signed on April 7, 2021, by Arnold W. Donald (President and Chief Executive Officer) and David Bernstein (Chief Financial Officer and Chief Accounting Officer) on behalf of both Carnival Corporation and Carnival plc[206](index=206&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ________________ Commission file number: 001-9610 Commission file number: 001-15136 | --- | --- | --- | --- | --- | --- | |---------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 1.625% Senior Notes due 2021 CCL21 New York Stock Exchange LLC 1.875% Senior Notes due 2022 CUK22 New York Stock Exchange LLC 1.000% Senior Notes due 2029 CUK29 New York Stock Exchange LLC FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Financial Data and Key Metrics Changes - The company has secured over $10 billion in new capital to enhance liquidity and extend debt maturity [5][21][43] - The monthly average cash burn rate for the second half of 2020 is estimated to be $650 million, significantly lower than previous quarters [50][51] - Available liquidity at the end of the second quarter was $7.6 billion, including $6.9 billion in cash [56] Business Line Data and Key Metrics Changes - The company plans to reduce ship deliveries from nine to five through fiscal 2021, deferring over $3 billion in capital expenditures [24][40] - A total of 13 less efficient ships are expected to leave the fleet, representing a nearly 9% reduction in current capacity [25][40] Market Data and Key Metrics Changes - Cumulative advance bookings for the full-year 2021 remain within historical ranges, with prices down in the low to mid single-digit range [48] - Approximately 45% of the 2021 bookings are from new guests, indicating strong demand despite the pandemic [49] Company Strategy and Development Direction - The company aims to emerge as a leaner, more efficient organization focused on maximizing cash generation and reducing debt [6][44] - The strategy includes staggering the reintroduction of capacity to manage yields effectively [39][40] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the unprecedented challenges faced by the travel and tourism industry due to COVID-19 but expresses confidence in the company's ability to adapt and recover [10][11] - The company is actively working on health and safety protocols to ensure a safe return to cruising, with plans to resume operations in Germany and Italy [34][43] Other Important Information - The company has engaged with medical experts to develop return-to-cruise protocols and is preparing for a phased resumption of operations [5][30] - The company has significantly reduced nonessential capital expenditures by over $2 billion [22][23] Q&A Session Summary Question: Free cash flow potential moving forward - Management highlighted the strong cash flow generation potential, with $5.5 billion generated in 2019, and plans to pay down debt over time [64][66] Question: Booking patterns for next year - Management noted encouraging booking patterns, with substantial new bookings and a strong performance from brands like AIDA and Costa Europe [68][74] Question: Clarification on available capacity for sale - Management clarified that the available capacity for sale includes nearly all ships, with only a few exceptions due to itinerary changes [77][79] Question: Discussions with CDC and EU guidelines - Management stated that discussions with the CDC are ongoing, focusing on handling ships during the pause, while also engaging with various authorities for resuming operations [81][85] Question: AIDA launch and constrained capacity - Management indicated that initial occupancy would be below 50%, but even at that level, positive cash flow could be generated [99][101]

PART I [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) Carnival Corporation & plc reported significant net losses and negative operating cash flow due to COVID-19, marked by substantial impairments and increased debt Consolidated Statements of Income (Loss) Highlights (in millions) | Metric | Three Months Ended May 31, 2020 | Three Months Ended May 31, 2019 | Six Months Ended May 31, 2020 | Six Months Ended May 31, 2019 | | :--- | :--- | :--- | :--- | :--- | | **Total Revenues** | $740 | $4,838 | $5,529 | $9,511 | | **Operating Loss** | $(4,177) | $515 (Income) | $(4,891) | $902 (Income) | | **Goodwill Impairment** | $1,364 | $0 | $2,096 | $0 | | **Ship and other impairments** | $589 | $0 | $919 | $0 | | **Net Loss** | $(4,374) | $451 (Income) | $(5,155) | $787 (Income) | | **Diluted EPS** | $(6.07) | $0.65 | $(7.34) | $1.13 | Consolidated Balance Sheets Highlights (in millions) | Metric | May 31, 2020 | November 30, 2019 | | :--- | :--- | :--- | | **Cash and cash equivalents** | $6,881 | $518 | | **Total Assets** | $49,817 | $45,058 | | **Total Debt (Short & Long-Term)** | $20,805 | $11,502 | | **Customer deposits** | $2,618 | $4,735 | | **Total Shareholders' Equity** | $20,840 | $25,365 | Consolidated Statements of Cash Flows Highlights (Six Months Ended May 31, in millions) | Metric | 2020 | 2019 | | :--- | :--- | :--- | | **Net cash provided by (used in) operating activities** | $(1,804) | $3,169 | | **Net cash used in investing activities** | $(1,256) | $(2,918) | | **Net cash provided by (used in) financing activities** | $9,425 | $(26) | [Note 1: General](index=11&type=section&id=NOTE%201%20%E2%80%93%20General) The company addresses COVID-19's severe impact, outlining liquidity actions and confirming sufficient funds for the next twelve months - The effects of COVID-19 are expected to continue to have a **material negative impact** on financial results and liquidity, and the company anticipates a net loss for the second half of 2020[36](index=36&type=chunk)[37](index=37&type=chunk) - Management has taken actions to improve liquidity, including capital and operating expense reductions, suspending dividends and share repurchases, and pursuing financing transactions[37](index=37&type=chunk) - Based on actions taken, management concluded the company has **sufficient liquidity** to satisfy its obligations for at least the next twelve months[38](index=38&type=chunk) [Note 3: Debt](index=13&type=section&id=NOTE%203%20%E2%80%93%20Debt) The company significantly increased debt through various issuances and secured waivers for debt covenants in response to the COVID-19 crisis - In April 2020, the company issued **$4.0 billion** of 11.5% first-priority senior secured notes due 2023, secured by vessels and intellectual property with a net book value of **$28.3 billion**[56](index=56&type=chunk) - In April 2020, the company also issued **$2.0 billion** of 5.75% convertible senior notes due 2023, with an initial conversion price of **$10 per share**[61](index=61&type=chunk)[62](index=62&type=chunk) - The company obtained waivers for its debt service coverage covenant for its export credit facilities and certain bank loans, pushing compliance testing dates into 2021 and 2022[75](index=75&type=chunk) - Subsequent to the quarter end, in June 2020, the company borrowed an additional **$2.8 billion** under a new Secured Term Loan Facility maturing in 2025[77](index=77&type=chunk) [Note 4: Contingencies](index=17&type=section&id=NOTE%204%20%E2%80%93%20Contingencies) The company faces numerous legal proceedings and governmental investigations, including class-action lawsuits and inquiries, stemming from COVID-19 incidents - As a result of COVID-19, the company is facing numerous litigation claims, enforcement actions, and investigations related to personal injury and loss of life[79](index=79&type=chunk) - Multiple class-action lawsuits have been filed against the company and its subsidiaries (Costa, Princess) by former guests related to COVID-19 exposure on various ships[86](index=86&type=chunk)[87](index=87&type=chunk)[89](index=89&type=chunk) - A securities class action was filed alleging misrepresentations and omissions related to the company's COVID-19 knowledge and response[88](index=88&type=chunk) - Federal, state, and non-U.S. governmental agencies are investigating COVID-19 incidents, including inquiries from the U.S. House and Senate committees[100](index=100&type=chunk)[102](index=102&type=chunk) [Note 5: Fair Value Measurements, Derivatives, and Financial Risks](index=20&type=section&id=NOTE%205%20%E2%80%93%20Fair%20Value%20Measurements%2C%20Derivative%20Instruments%20and%20Hedging%20Activities%20and%20Financial%20Risks) The company recognized significant non-cash impairment charges for goodwill and ships due to COVID-19, and detailed financial risks including unhedged newbuild commitments Goodwill Impairment Charges (Six Months Ended May 31, 2020, in millions) | Segment | Impairment Charge | | :--- | :--- | | NAA | $(1,319) | | EA | $(777) | | **Total** | **$(2,096)** | Ship Impairment Charges (Six Months Ended May 31, 2020, in millions) | Segment | Impairment Charge | | :--- | :--- | | NAA | $520 | | EA | $308 | | **Total** | **$828** | - The company has an unhedged commitment of **$7.3 billion** for euro-denominated newbuilds scheduled for delivery from 2020 through 2025, exposing it to foreign currency risk[131](index=131&type=chunk) [Note 7: Segment Information](index=29&type=section&id=NOTE%207%20%E2%80%93%20Segment%20Information) Both North America & Australia and Europe & Asia segments reported massive operating losses for the six months ended May 31, 2020, primarily due to the operational pause Segment Operating Income (Loss) (Six Months Ended May 31, in millions) | Segment | 2020 | 2019 | | :--- | :--- | :--- | | **NAA** | $(3,056) | $833 | | **EA** | $(1,743) | $270 | | **Cruise Support** | $(91) | $(180) | | **Tour and Other** | $0 | $(22) | Segment Revenues (Six Months Ended May 31, in millions) | Segment | 2020 | 2019 | | :--- | :--- | :--- | | **NAA** | $3,597 | $6,239 | | **EA** | $1,790 | $3,087 | | **Total Cruise (NAA+EA)** | **$5,387** | **$9,326** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=34&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management details COVID-19's severe impact, outlining liquidity enhancements, fleet optimization, and expectations for a net loss in the second half of 2020 - The company is accelerating the removal of **13 ships**, representing a nearly **9% reduction** in current capacity, as part of a capacity optimization strategy[173](index=173&type=chunk) - As of June 21, 2020, cumulative advanced bookings for 2021 are within historical ranges but at prices down in the low to mid-single digits range[177](index=177&type=chunk) - The company estimates its ongoing monthly cash burn rate for the second half of 2020 to be approximately **$650 million**[213](index=213&type=chunk)[214](index=214&type=chunk) - As of May 31, 2020, the company had **$7.6 billion** of available liquidity, with an additional **$8.8 billion** of committed export credit facilities for future ship deliveries[212](index=212&type=chunk) - The company expects a **net loss** on both a U.S. GAAP and adjusted basis for the second half of 2020[198](index=198&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=44&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section updates the company's market risk exposure, primarily interest rate risk, detailing the debt portfolio's fixed and floating rate composition Debt Composition by Interest Rate Type (as of May 31, 2020) | Rate Type | Percentage of Total Debt | | :--- | :--- | | Fixed rate | 49% | | EUR fixed rate | 13% | | Floating rate | 22% | | EUR floating rate | 12% | | GBP floating rate | 4% | [Controls and Procedures](index=45&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of May 31, 2020, with no material changes to internal control over financial reporting during the quarter - The President and CEO, and the CFO and Chief Accounting Officer concluded that disclosure controls and procedures were **effective** as of May 31, 2020[228](index=228&type=chunk) - There were **no changes** in internal control over financial reporting during the quarter that materially affected, or are reasonably likely to materially affect, internal controls[229](index=229&type=chunk) PART II - OTHER INFORMATION [Legal Proceedings](index=46&type=section&id=Item%201.%20Legal%20Proceedings) This section incorporates COVID-19 related legal actions from Note 4 and discloses a new dispute with a former vendor, DeCurtis LLC - The extensive legal proceedings related to COVID-19, as described in Note 4, are incorporated into this section[232](index=232&type=chunk) - In April 2020, a legal dispute began with former vendor DeCurtis LLC, involving cross-complaints of patent infringement, monopolization claims, and trade secrets violations related to the OCEAN Medallion systems[233](index=233&type=chunk) [Risk Factors](index=46&type=section&id=Item%201A.%20Risk%20Factors) The company outlines severe and heightened risks, dominated by the COVID-19 pandemic, including prolonged operational suspension, increased debt load, and potential covenant non-compliance - The COVID-19 pandemic is having, and is expected to continue to have, a **material negative impact** on all aspects of the business, including operations, financial condition, liquidity, reputation, and stock price[235](index=235&type=chunk) - The company's substantial debt load could require dedicating a large portion of cash flow to service debt, increase vulnerability to adverse economic conditions, and limit operational flexibility[252](index=252&type=chunk)[254](index=254&type=chunk) - If the company is unable to recommence normal operations in the near-term, it may be out of compliance with a minimum debt service coverage covenant in certain debt facilities as of May 31, 2021, which could lead to an event of default[269](index=269&type=chunk)[271](index=271&type=chunk) - Recent credit rating downgrades have prevented the company from issuing additional commercial paper (except for government-backed programs) and could negatively impact the cost and availability of future financing[245](index=245&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=52&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No shares were repurchased during the quarter, and the company terminated its share Repurchase Program to enhance liquidity and comply with financing restrictions - No shares of Carnival Corporation common stock or Carnival plc ordinary shares were repurchased during the three months ended May 31, 2020[278](index=278&type=chunk) - On June 15, 2020, the Boards of Directors terminated the share Repurchase Program to enhance liquidity and comply with restrictions in recent financing transactions[278](index=278&type=chunk) [Exhibits](index=53&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including new material contracts related to recent financing activities and required CEO/CFO certifications - Filed the Indenture for the **5.75% Convertible Senior Notes** due 2023, dated April 6, 2020[285](index=285&type=chunk) - Filed the Indenture for the **11.500% First-Priority Senior Secured Notes** due 2023, dated April 8, 2020[286](index=286&type=chunk) - Filed the Term Loan Agreement dated June 30, 2020[284](index=284&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 1.625% Senior Notes due 2021 CCL21 New York Stock Exchange LLC 1.875% Senior Notes due 2022 CUK22 New York Stock Exchange LLC 1.000% Senior Notes due 2029 CUK29 New York Stock Exchange LLC FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(g) of the Act: None FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ________________ | --- | --- | --- | --- | --- | --- | |------------------------ ...

Carnival Corporation & Plc (NYSE:CUK) Q3 2019 Earnings Conference Call September 26, 2019 10:00 AM ET Company Participants Arnold Donald - President and Chief Executive Officer David Bernstein - Chief Financial Officer and Chief Accounting Officer Beth Roberts - Senior Vice President, Investor Relations Conference Call Participants Jared Shojaian - Wolfe Research Steven Wieczynski - Stifel Nicolaus Capital Markets Harry Curtis - Instinet Felicia Hendrix - Barclays Capital Robin Farley - UBS Brandt Montour - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-9610 Commission file number: 001-15136 Carnival Corporation Carnival plc (Exact name of registrant as specified in its charter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Securities registered pursuant to Section 12(b) of the Act: | --- | --- | |-------|--------------------------------------| | | Common Stock ($0.01 par value) ...