ROYAL CARIBBEAN CRUISES LTD

Royal Caribbean Cruises Ltd. (NYSE: RCL) operates as a leading global vacation company in the cruise industry, with a portfolio of three primary cruise brands: Royal Caribbean, Celebrity Cruises, and Silversea. The company also maintains a 50% joint venture interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises. More information is available at www.royalcaribbean.com.

As of December 31, 2025, Royal Caribbean Group operates a combined fleet of 69 ships across its global and partner brands with approximately 179,720 berths. The company's ships offer worldwide itineraries calling on more than 1,000 destinations across all seven continents. Royal Caribbean competes in multiple cruise market segments, from contemporary family-oriented experiences to ultra-luxury expedition travel, allowing the company to serve diverse consumer preferences and geographic markets.

The company generates revenue through two primary streams: passenger ticket revenues, which accounted for approximately 70% of total revenues, and onboard activities and other revenues representing approximately 30%. Onboard revenue sources include gaming, beverages, internet services, shore excursions, specialty dining, spa services, and pre- and post-cruise packages. Royal Caribbean also operates certain port facilities and generates management-related service revenues.

Royal Caribbean employed approximately 108,000 employees as of December 31, 2025, comprising roughly 96,500 shipboard employees and 11,400 shoreside employees. The shipboard workforce spans approximately 140 countries, with significant representation from the Philippines, Indonesia, and India. The company maintains a diverse shoreside workforce, with females representing 57% of shoreside employees and Hispanic employees comprising 46% of the U.S.-based shoreside population.

The company distinguishes itself through continuous innovation in ship design and guest experience, strategic deployment of vessels to optimize returns, investment in private land-based destinations including its Perfect Day Collection and Royal Beach Club properties, and advanced technology integration for customer engagement and operational efficiency. Royal Caribbean's Destination Net Zero strategy targets net zero emissions by 2050 with a net zero capable ship by 2035, reflecting the company's commitment to sustainable cruise operations.