Notification of Transactions of Directors/PDMR

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1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Arnold W. Donald
2	Reason for the notification
a)	Position/status	President & Chief Executive Officer of Carnival Corporation & plc / Director
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Carnival Corporation
b)	Legal Entity Identifier	F1OF2ZSX47CR0BCWA982
4A	Details of the transaction: 1
a)	Description of the financial instrument, type of instrument Identification code	Common stock with a nominal value of US$0.01 per share CUSIP: 143658300
b)	Nature of the transaction	Vesting of restricted stock units “RSUs” granted January 14, 2019, including the settlement of dividend equivalents.
c)	Price(s) and volume(s)	Price(s) $0.00	Volume(s) 25,139
d)	Aggregated information - Aggregated volume - Price	25,139 $0.00
e)	Date of the transaction	2021-01-14
f)	Place of the transaction	Off Market
4B	Details of the transaction: 2
a)	Description of the financial instrument, type of instrument Identification code	Common stock with a nominal value of US$0.01 per share CUSIP: 143658300
b)	Nature of the transaction	Vesting of retention RSUs granted August 28, 2020.
c)	Price(s) and volume(s)	Price(s) $0.00	Volume(s) 37,500
d)	Aggregated information - Aggregated volume - Price	37,500 $0.00
e)	Date of the transaction	2021-01-14
f)	Place of the transaction	Off Market
4C	Details of the transaction: 3
a)	Description of the financial instrument, type of instrument Identification code	Common stock with a nominal value of US$0.01 per share CUSIP: 143658300
b)	Nature of the transaction	Sale of shares.
c)	Price(s) and volume(s)	Price(s) $21.12	Volume(s) 62,639
d)	Aggregated information - Aggregated volume - Price	62,639 $21.12
e)	Date of the transaction	2021-01-14
f)	Place of the transaction	NYSE

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