1. Sustainability Performance for Waste Management North America World Maritime Day, Cozumel October 24, 2014 Elaine Heldewier Sustainability Director

2. Overview of Discussion 1.Carnival Corporation & plc 2.Sustainability Performance 3.Waste Management Program 2

3. Carnival Corporation & plc 3

4. Carnival Corporation & plc – Key Dimensions** Ships in service = 101 Newbuilds in construction = 8 Passengers carried = 10M Employees: –Shipboard = 78,500 –Shoreside = 9,700 f/t; 4,500 p/t – seasonal Revenue = US$15 M **FY2013 data 4

5. What is Sustainability ? A comprehensive management approach that promotes industry growth without jeopardizing environmental and social resources (people/planet/profit) Each organization’s maturity level will determine it’s approach to sustainability - how it is ingrained into an organization’s decision making process. 5

6. Who Wants to Know What Companies are doing about Sustainability ? Customers Investors Employees NGOs (Environmental & Social Groups) Media Regulators Suppliers Ports Destination communities 6

7. Why is Sustainability Important ? Understanding of risks & opportunities Indicator of quality management Self-promoting/ telling your story Working with communities Transparency Strategic approach Creating value 7

8. Cruise Ship Overview of Environmental Aspects 8

9. Waste Management Waste elimination and minimization; Disposal ashore Incineration Discharge to sea. 9

10. Waste Minimization Our waste minimization program consists of reducing, reusing and recycling. 10

11. Reducing We work to reduce the volume and toxicity of our waste. We reduce our waste by: Bulk purchasing Acquiring only what we need when we need it Working with suppliers to reduce packaging Using alternative products to accomplish the same job 11

12. Reducing We reduce the toxicity of our waste by: Purchasing non-toxic products Controlling material purchases with an “approved chemicals list” Replacing older equipment with new equipment, designed for non-toxic products. 12

13. Reusing We seek new opportunities to reuse materials and equipment on board or find others who can use things that are in good condition that we no longer need. This extends the use of many items. We donate usable items, including mattresses and clothing, at ports-of-call around the world. We receives certain supplies in plastic and metal drums, which we reuse as waste receptacles, thereby avoiding the need to purchase waste containers. 13

14. Recycling We strive to recycle as many items as possible. We place recycling collection containers throughout the ship so our guests and crew can segregate the various recycling materials. We offload collected materials for recycling at ports around the world, including plastic, glass, paper, cardboard, aluminum, electronic equipment, toner, cartridges, batteries, fluorescent lamps, silver, scrap, metal, oily waste and used cooking oil. 14

15. Recycling 15 We will continue to reduce our waste output rate from our shipboard operations by recycling and reducing packaging.

16. Disposal Ashore Managing the amount and process of waste landed ashore is an essential element of our waste management program. We label, collect and store waste on board in designated areas. Authorized vendors remove materials from our ship and dispose of them at approved shoreside facilities. Landed waste is disposed of in landfills, incinerated or recycled, depending on the type of waste. 16

17. Incineration on Board Shipboard incinerators substantially reduce the volume of combustible materials and waste landed ashore. We sort waste to ensure that only approved waste is introduced into the incinerator. Incinerator ash is landed ashore. 17

18. Discharge at Sea We are continually evaluating procedures and operations to minimize the volumes of discharges at sea. Food waste is discharged at sea at approved distances from shore and after being comminuted/ground. Wastewater discharges are discharged after being processed or treated at designated distances from shore and restricted areas. 18

19. Waste Management We use four main methods to manage shipboard waste: Waste elimination and minimization; Disposal ashore Incineration Discharge to sea. 19

20. Questions / Comments ? Contact Information Elaine Heldewier Director Sustainability Programs, Maritime Policy +1-305-406-4914, eheldewier@carnival.comeheldewier@carnival.com Thank You 20